We are incredibly proud to announce that in the last month, Revive & Thrive, has been awarded contracts to carry out feasibility studies and potential subsequent BID developments in three areas of Wales: Newtown and Brecon in Powys and the Rassau and Tafarnaubach Industrial Estates in Blaenau Gwent.
The Revive & Thrive team are really looking forward to working with businesses across all three areas over the coming months as they assess the feasibility of the BIDs and then take them through to ballot next autumn. They are excited to see the improvements that BIDs can bring to the towns in Newtown and Brecon and to the industrial areas of Ebbw Vale.
On behalf of the Brecon BID project, Iain McIntosh, local businessman and member of Brecon Chamber of Trade & Tourism, said “I’m very pleased that Revive & Thrive has been chosen to help deliver a Business Improvement District (BID) scheme to Brecon. A lot of work will be carried out over the coming months informing businesses in both areas about the benefits that BIDs can bring. BID schemes have been around for a few decades in other countries, more recently they have been introduced to dozens of other towns across the UK, helping businesses and local authorities work together to regenerate town centres, increase tourism and improve business sustainability. As a local businessman and member of Brecon Chamber of Trade & Tourism I look forward to working hard with Revive & Thrive and I’m sure all businesses in Brecon will take this opportunity to improve the town we all love.”
Matt Powell, Revive & Thrive Director and project lead for these two BID developments, added “over the last five years, Revive & Thrive has developed and worked with many BIDs and we are thrilled to have secured these contracts to work on three distinct BID projects across Wales. All three areas will benefit over the next year and beyond from the team’s experience of working nationwide and of the promotion that they will receive via our magazine, social media reach and our regional and national events.”
The feasibility studies are already getting underway and the team will be hosting meetings and visiting businesses over the next few months in all of the proposed BID areas to discuss the BIDs and how they can help them both individually and as part of the communities that they trade in.