Why a BID for Possilpark?
Over 2019, local traders representing around 90 businesses in Possilpark, came together with aspirations for the area that would necessitate radical improvements to the community and public realm in a bid to revitalise the area and increase its footfall.
These traders approached ng homes - the main social landlord for the area – and with a shared commitment to partnership working and regeneration (physical, economic and social) a seedcorn funding bid to Scotland’s Towns Partnership was successful to establish a pilot BID.
A steering group was formed to take the pilot BID forward and the group now meets every two weeks. See the ABOUT US page for minutes of Steering Group meetings
Possilpark BID is at a pilot stage having received a seedcorn grant from Scotland’s Towns Partnerships to help potential BIDs develop a proposal to take to ballot.
This pilot stage will roll out over 2020 and is all about reaching a successful ballot.
During this pilot stage, businesses work together through a Steering Group to:
- define the geography of the BID;
- agree the levy i.e. an annual charge business will incur in order to implement the programme of work; and
- develop local priorities for investment that can improve the local community
The intention thereafter is that businesses in the BID area will vote at a ballot in support of the proposed levy and action plan.