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High streets funding boost of over £100,000
High Streets Minister Jake Berry has announced the four local communities set to receive a funding boost of a share of over £100,000 to help make their areas more attractive for business.
The latest round of the British Improvement Districts (BIDs) Loan Fund will support business owners and local leaders to set-up a BID, bringing communities together to deliver additional local services and transform commercial areas.
The four successful applicants to the BIDs Loan Fund are: Armley, Leeds; Beverley, East Riding of Yorkshire; Christchurch, Dorset; and Digbeth, Birmingham.
Berry said: “Business Improvement Districts in partnership with local authorities, developers and communities, are working hard to champion town centres, by deciding what improvements they want to see, how these will be managed and what it will cost. Those high streets and town centres performing strongest often have BIDs at their core, driving improvements that boost footfall, encourage consumer spending and ensure our high streets are fit for the future.”
The announcement comes during the second Great British High Street Week, a week of activity to celebrate high streets up and down the country and share the work that Government is undertaking to support them.
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