It’s a YES! Stakehill BID achieves backing from businesses.
Businesses across Stakehill have voted in favour of plans of the renewal of Stakehill Business Improvement District (BID), securing a significant £800,000 to be spent on improving the area.
79% of votes cast voted in favour of the BID Renewal Ballot by total number of businesses, and 74% of votes cast voted in favour of the BID by Rateable Value.
As a result of the yes vote the of the renewal of Stakehill BID to commence, on the 1st July 2021. Businesses with a rateable value of £12,001 or above will pay a levy based upon their rateable value, creating a collective fund of more than £800,000 to spend over the next five years to support businesses and improve the industrial estate for everyone who works there.
Thank you to those involved in the BID’s development.
The Chair of the Stakehill BID Steering Group acknowledged the initiative and funding for the development of the BID given by UBS and the help and support given by businesses on the group and all those who helped shape the plan.

Speaking about the ‘Yes’ vote, Martyn Barrow (MID Communications) Chair of the Stakehill BID Steering Group said: “This is superb news for Stakehill Industrial Estate and huge congratulations must go to all the businesses which rallied and joined forces to ensure we secured a yes vote BID Ballot. Thanks must also go to all those businesses who engaged in the process by sharing their ideas and opinions on how we can work together to support each other in these challenging and uncertain times and who, ultimately, voted in favour of the plans.” 
We would welcome everyone to both forward this e bulletin on to colleagues or anyone else you feel would benefit from this information and contact us to ensure that we have all your contact details and discuss how we can support you at this challenging time. Please call the BID Development Team on 0800 0803 207 or e-mail info@stakehillbid.com

This email is sent to you as a business located in the
Stakehill Business Improvement District (BID) , a partner interested in BID activity or because we have a legal obligation to keep you informed with regard to the BID Ballot 
 
Stakehill BID is project managed by Partnerships for Better Business Ltd (pfbb UK)