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Enterprise

Birmingham BID promises £750,000 investment after 'Yes' vote

Harborne Village BID will embark on its second five-year tenure next year

Businesses in the Birmingham suburb of Harborne have voted in favour of another term for the area's BID(Image: Birmingham Live)

More than £750,000 of fresh investment into a Birmingham suburb has been promised after a business improvement district won backing for a second term.

Companies have voted in favour of another five-year tenure for Harborne Village BID, with 60 per cent of returned ballots saying yes.

The BID said the vote result meant more than £750,000 worth of investment could be ploughed into the district which has around 23,000 residents and 260 businesses, a third of which are independent. The second term will commence on January 1.

A business improvement district is a precisely defined geographic area in which companies pay an extra levy on top of their business rates to fund additional services such as events and initiatives.

Among those funded during Harborne Village BID's first term were the annual Christmas lights and a 'Green Village Fete' which aimed to shine a light on the businesses of the district as part of a post-pandemic recovery strategy.

The BID also employed a new street warden, provided an immediate graffiti removal service and launched a radio system enabling retailers and pubs to communicate with other on issues such as security and theft.

Chairman Matt Rose said: "We are delighted that our fellow businesses have decided to reinvest in Harborne Village by voting yes to another five years.