The Winsford 1-5 Business Improvement District (BID) will be continuing for a fourth term after members delivered a yes vote in November’s ballot.
91% of companies on Winsford Industrial Estate voted in favour by number and 99% voted in favour by rateable value, meaning that over £500,000 of added value investment will be utilised on a range of projects over the next five years to cement Winsford 1-5 as a flagship trading environment in the North West.
BID 4 will commence on 1st April 2021 after BID 3 finishes and will then run until at least 31st March 2026.
Since 2005, the Winsford 1-5 BID has created and delivered a whole range of projects, initiatives and services to make the estate a great place for businesses to develop and thrive.
During that time there has been £1.3 million of private sector investment which has seen the number of business units grow by 43%, with plans also in place to develop the site further still to create more business and job opportunities.
November’s yes vote means that organisations on Winsford 1-5 will still be able to benefit from BID funded services such as CCTV and the ANPR system, while employees from all businesses will have the opportunity to upskill through the many training courses that are delivered throughout the year.
On top of this, projects can continue to make the estate greener and cleaner and the BID team will also be looking to increase the economic value of Winsford 1-5 to the local economy, which up until now, has risen by 45%.
Crucially, companies on Winsford Industrial Estate will continue to have dedicated support from the BID in relation to growth, access to grants and advice and guidance on key issues surrounding the government, local authority and main partners.
BID Programme Manager Jane Hough was understandably delighted with the result, commenting: “We’re thrilled to once again receive the backing of our businesses and it’s great to know that they share our passion and vision to keep driving Winsford Industrial Estate forward.
“So much progress has been made since 2005 and we’re excited to build upon that over the next five years and continue to foster the best environment for our businesses to prosper.”
Chair of Winsford 1-5 BID, Pete Price, echoed Jane’s sentiments, adding: “The outcome of the ballot is wonderful news for everyone involved. We have ambitious plans which we can now progress with and can really start to think about the projects and initiatives we want to deliver between now and 2026.
“I’d also just like to say a big thank you to each and every business on the Winsford Industrial Estate for their hard work and for putting their faith in BID 4. Here’s to a successful future working together.”