BID Ballot

Melton BID gets a YES from local businesses

 

We are delighted to announce that the Melton BID has been successful in its renewal. The ballot result, declared this afternoon, has confirmed that the Melton BID has secured a 90% of yes votes and 87% based on the rateable value of votes cast by businesses, which means that BID businesses have voted for a third BID five-year term to run from 2021 to 2026. The results are as below:

Total number of votes cast in the ballot, excluding any given on ballot papers rejected: 143

Aggregate rateable value of each hereditament in respect of which a person voted in the ballot: £2,654,650

Total number of votes cast in favour of the proposed Business Improvement District for Melton: 129 (90%)

Aggregate rateable value of each hereditament in respect of which a person has voted in favour of the proposed Business Improvement District for Melton: £2,304,250 (87%)

Download Report of Voting

The BID Renewal

The Melton BID was set up in 2011 and comprises 487 businesses across all sectors of the town centre.

Over the last ten years the BID has sought to play an essential role in raising awareness of the town and its offer, driving footfall and developing Melton’s morale and pride of place. Working in collaboration with key partners, the BID has successfully delivered a range of projects over the years, which has included a programme of marketing, promotion and events; business support initiatives and street scene schemes, as well as well as acting as a powerful voice for businesses.

The BID has sought to ensure that businesses have been supported as much as possible through what has been a challenging year and our focus now is upon the recovery of our High Street with targeted support for businesses to help  adaptation, and diversification, to deliver increased footfall and to ensure that our town centre is a destination of choice for local people and visitors and a thriving and vibrant location for businesses and residents alike.

What the BID’s Renewal will do:

  • 487 businesses being given a voice to shape the future of Melton’s town centre.
  • £825,000 of investment for Melton Town Centre.
  • Continuation of projects, events and promotions for BID Businesses and the town.

Our aim is to continue to deliver initiatives in these four key areas:

  • Marketing and Promotion & Events
  • Improving the Street Scene
  • Business Support
  • Vision and Strategy

Download the BID Fact Sheet & BID Proposal Report

Download Melton BID Business Plan
Download Melton BID Factsheet
Download Previous Melton BID Plan