Government Announces BID Resilience Fund
A BID Resilience Fund has been announced by government to assist Business Improvement Districts (BIDs) in recognition of the importance of BIDs in supporting businesses through Covid-19 and the vital role we will play in recovery. We are looking forward to understanding the detail of the grant, and we appreciate Stephen Hammond MP’s support in lobbying for this to ensure that Love Wimbledon is able to lead from crisis to recovery.
High Streets Minister Simon Clarke MP said:
“BIDs are uniquely placed and have a proven track record of success in supporting local businesses, empowering communities, championing our town centres and driving forward the renewal of our high streets. It’s only right that during these unprecedented times we give them all the necessary support they need to continue operating, so that they can carry on their vital work now and crucially when we move into the recovery phase from the current crisis.”
Helen Clark Bell, Chief Executive of Love Wimbledon BID said:
“We are using our networks and partnerships to provide co-ordination and support to Wimbledon Town Centre businesses. We have been lobbying for our businesses that have found themselves ineligible for funding, whilst supporting Merton Council to release those funds promptly to those that are eligible. This fund is particularly welcome at this juncture to enable us to continue this support and lead the town into recovery in a safe and responsible way.”
Read the press release here.