Newquay businesses have overwhelmingly backed the renewal of the town’s Business Improvement District (BID) for a fourth five-year term. The decision, confirmed by a strong ‘yes’ vote from local enterprises, will see at least £1.1 million invested in projects and services aimed at enhancing the commercial area.
Key Takeaways
- Newquay businesses have voted to renew the Business Improvement District (BID) for a fourth term.
- The renewal secures at least £1.1 million for investment in town projects and services.
- The vote achieved the strongest support in the BID’s history, with 84% of participating businesses voting in favour.
- The new term begins on 1 April 2026 and will run for five years.
Strong Mandate for Continued Investment
The vote, which saw 84% of participating businesses and organisations in favour of renewal, represents the strongest mandate the Newquay BID has received since its inception in 2011. This significant backing ensures that the BID can continue its work for another five years, commencing on 1 April 2026. The investment of at least £1.1 million will be directed towards initiatives prioritised by the businesses themselves.
A Vision for a Vibrant Newquay
Newquay BID manager Mark Warren expressed his commitment to supporting local businesses, stating that “we will do everything we can” to assist them. The BID’s renewed mandate will enable the continuation and expansion of projects focused on marketing the town, hosting and facilitating events to maintain vibrancy, and implementing initiatives to make Newquay safer, more accessible, cleaner, and more attractive for workers and investors.
Business-Led Initiatives
The renewal follows the publication of a detailed 26-page plan outlining the BID’s aims and objectives for the upcoming term. This plan was developed through consultation with business owners and staff across Newquay’s diverse commercial landscape. Newquay BID operates as a not-for-profit company overseen by a voluntary board of directors comprised of local business leaders.
Positive Outlook for the Future
Veryan Palmer, Chair of Newquay BID and family director of The Headland Hotel, hailed the result as “fantastic for Newquay.” She highlighted that the vote demonstrates businesses’ recognition of the BID’s value and the work undertaken by Mark Warren and the BID team. The continued funding and expertise will be crucial in sustaining Newquay as a leading year-round destination. The BID’s future projects will be structured around four key themes: Marketing; Events; Safer, Cleaner and Greener; and Business Support and Representation.
Sources
- Newquay businesses back renewal of improvement district, BBC.
- Fourth term for Newquay BID, Business Cornwall.
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Newquay Businesses Vote Overwhelmingly to Renew Improvement District for Fourth Term