BID Ballot Result
Penzance businesses have voted ‘yes’ to a second term as a Business Improvement District (BID) with a good mandate from our business community.
A total of 260 Penzance businesses took part in the ballot, a turnout of almost 60% (13% above the national average turnout for BID ballots). Of those voters, 61% voted in favour by number and 67% by rateable value indicating that there was support from small and large businesses alike.
The Next Few Months
Regardless of how and if your organisation voted, now would seem like a good time for everyone to work together for the benefit of Penzance and to support each other through the current difficulties.
Please do get in touch if you have specific initiatives that you feel the BID can assist with. If you are adapting your business and would like to get the message out to customers please let us know and we will help to promote them through our websites and social media e.g. if you are offering a delivery service, special opening hours, appointments or services.
We are keen to monitor the economic impact, in order to feedback to local and national government and lobby for the support you need. Please do share with us information on business impact so that we can develop support mechanisms appropriately. In turn, we will continue to share news with you and any information we receive on how to access the Government support that has been announced.
The Board are committed to supporting Penzance and levy paying businesses and delivering on the new five-year business plan from June 2020.
We thank you for your support.