Marlborough business breakfast to hear about BIDs
The guest speaker at Marlborough Chamber of Commerce’s networking breakfast will be Carolyn Brownell, manager of Chippenham’s Business Improvement District scheme.
Marlborough is in the process of establishing a BID, and Carolyn will be telling business leaders what Chippenham’s success in establishing a BID has meant for the town.
The BID scheme collects an extra levy from business owners of, typically, three to five percent of the business rates. But rather than going into the Government’s melting pot, the cash is returned to the town to fund initiatives like Christmas lights, better signage, and maybe even cheaper car parking.
The Chippenham BID, which was voted in place by the local businesses in November 2014, will invest over £1.5m on projects over the five years of the BID term.
The breakfast will be held at Marlborough Golf Club on Wednesday, June 17 from 8am until 9am, with networking from 7.30am. Attendance costs £9.