Cambridge BID

CMS helps Cambridge BID secure another term

Businesses in Cambridge have voted in favour of supporting Cambridge BID for a second five year term, following the support of CMS who have consulted the BID through the process over the last year.

80 % of businesses in Cambridge voted in favour by number, with 84% in favour by RV, representing an overall turnout of 45%. 

Committing to a levy investment of £4.5million, Cambridge BID aims to deliver 'a world class experience for all who visit, live and work in Cambridge, a global city.'

Commenting on the result, Chairman of Cambridge BID, Ian Sandison said:

"This is excellent news for Cambridge as it means that £4.5million of investment will be generated for the city over the next five years. We are very pleased with the outcome and look forward to delivering our existing projects as well as the services and initiatives outlined in the exciting new business plan. Our vision is to create a world-class experience for all who visit, live and work in Cambridge, a global city. I would like to take this opportunity to thank the business community for showing faith in the work of Cambridge BID, as well as our partners such as Visit Cambridge & Beyond, Cambridge City Council and others with whom we have worked closely and will continue to do so."

Cambridge BID was established in 2012. During extensive consultation in the lead up to the BID ballot, the BID found that 73% of businesses value the Street Ambassador and 60% of businesses regard the deep cleaning in the city as excellent. Addressing the key priorities of businesses, the proposals for term two will focus on three headers; Welcome, Experience and Support.

COO of CMS, Fiona Wright, said:

"We have spent a year supporting the BID team in one of the UK's largest and most historic Cities. The result, now so strongly supported at ballot, is a renewed and extended BID with a clear vision and commitment to create a world class experience for those who visit, live and work in a truly global city. It has been a pleasure to be part of this stage of the BID's journey."

The Cambridge BID will run from 2018 - 2023. Please click here for more information. 

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