Bring your business to Bridgend! Situated neatly between Cardiff and Swansea, with easy transport links from the M4 and main line train services, Bridgend is the choice to start, continue or expand your business. The town centre can offer floor space for retail, office and residential investment at competitive rents.
Businesses in Bridgend are exploring the opportunity of developing a new business-led initiative to improve the town centre.
Bridgend Business Improvement District
A steering group, made up from a variety of business representatives, has recently been established to lead the process and look at the options for creating a Business Improvement District (BID).
What is a BID?
A BID is formed following consultation and a ballot in which businesses vote on a BID Proposal or business plan for the area.
If a ballot is successful, it is then managed and operated by a BID Company – a non-profit company run by and for its members – and is funded through the BID levy, which is a small percentage of a businesses’ total rateable value, before any rates discount.
The improvements made by a BID are determined by businesses themselves and are additional to services provided by the local authority. They can include wide-ranging projects such as business support, improved infrastructure, visitor services, free car parking, vehicle accessibility, area branding, promotions and cultural activities.
Benefits of BIDs:
A proactive, flexible and accountable approach, where businesses set priorities for local investment in the place where they do business.
Complementary benefits of partnership, such as supporting local supply chains and building local confidence in economic development.
For more information visit www.bridgendbid.com
Bridgend Traders Forum
Traders in Bridgend get together monthly to talk about how the town is performing, any issues and initiatives to help the town in the future!
The group is chaired by Steve Bletsoe, Ella Riley Sweet Shop, and well attended by a representative of traders in the town. If you are a trader and would like to get involved or just come along and listen please call 01656815225 for more information.