Our Colchester

Our Colchester BID successful in 2023 renewal ballot.

In June 2023, Our Colchester Business Improvement District (BID) launched their 2023-2028 Business Plan detailing their ambitions for the City centre in the next five years. As per the regulations for a BID, a renewal ballot was then launched for all eligible businesses to vote on the future of the BID.

The ballot launched on the 23rd June 2023 and ran until the 20th July for businesses to vote. Our Colchester BID are pleased to announce that the renewal ballot was successful and that the Business Improvement District will be in place for a further five years to deliver business support, projects and initiatives for the City centre.

The results were as follows:
• 45% of businesses voted
• 85% voted in favour of the BID by number
• 88% of rateable value voted in favour

BID Manager Sam Good says “It’s an absolute pleasure to be able to support Colchester City Centre. For the past five years of the BIDs work we have faced some serious challenges, including the Covid-19 pandemic and the cost-of-living crisis. Being a key contact and champion for businesses in the City centre has helped our businesses not only survive but thrive in the face of adversity.

In the next five years we will continue this support and introduce new projects decided through consultation with our businesses to bring even further benefits to the city centre. Our goal is to make Colchester a great place to live, work, and visit. Thank you to all the BID businesses who supported us in the recent renewal ballot. We look forward to working with you over the next BID term. In June 2023 Our Colchester Business
Improvement District (BID) launched their 2023-2028 Business Plan detailing their ambitions for the City centre in the next five years. As per the regulations for a BID a renewal ballot was then launched for all eligible businesses to vote on the future of the BID. We have some wonderful projects still to deliver for 2023 including the Soapbox Rally, Colchester Women in Business and the Christmas Light Switch on. ”

You can find out more about the BIDs plans for the next five years by visiting
ourcolchester.co.uk/business-plan

You can find out more about the BIDs plans for the next five years by visiting
ourcolchester.co.uk/business-plan

CLICK HERE TO READ THE BALLOT DECLARATION.