Melton Mowbray businesses have voted in favour of renewing the Melton Business Improvement District (BID) for a fourth five-year term, with 93% by number and 79% by rateable value voting in favour of the proposal.
The successful ballot means that Melton BID will continue operating from 1 December 2026 to 30 November 2031, delivering an ambitious programme of investment, events, business support, marketing, and safety initiatives for the benefit of local businesses and the wider community.
The renewed BID is expected to invest almost £1.2 million into Melton Mowbray over the next five years, building on the achievements of the previous term, which saw more than £800,000 invested back into the town alongside additional external funding.
The BID board commented: ”We are delighted that businesses have once again shown their confidence in Melton BID and the work we do. The campaign allowed many views and new ideas to be discussed, and with the positive result now in, we will work on behalf of all levy payers to deliver prosperity to the BID area. Most importantly, this vote ensures Melton Mowbray continues to have a strong, independent voice for businesses at a time of significant local government change. Together, we can continue making Melton Mowbray a vibrant, welcoming and prosperous place for businesses, residents and visitors.”
Over the next five years Melton BID will deliver the new BID Business Plan, building on the success of existing projects such as Business Recycling, Grant Schemes, SMART & PubWatch – but also introducing brand exciting new marketing initiatives and events.
James Colclough, Manager of Melton BID said, “I would like to thank every business that participated in the ballot process and I’m looking forward to working with levy payers and town partners to deliver the ambitions set out in the business plan.”
