Support for business secured as Poole BID secures second term

Poole BID will operate for a second five-year term. This follows an announcement of the ballot result today in which 73% of levy payers voted yes to support the BID’s ongoing work.

The BID ballot met two key criteria that 50% of those voting, would vote in favour, and those ‘yes’ votes represented a majority of the total rateable value of all of the voting businesses. There was a majority 76% rateable value percentage.

The ballot was facilitated and ratified with the assistance of BCP Council. Results were announced by Graham Farrant Chief Executive, BCP Council. Poole BID will now operate through to 30 June 2026.

Poole BID’s second term will focus on delivering the commitments made in the 21/26 Business Plan, published in advance of the ballot. Three key elements Enhance, Promote and Support were identified in two independent surveys undertaken for the Poole BID and will form the basis of the next five years’ operations.

Councillor Philip Broadhead, Portfolio Holder for Regeneration, Economy and Strategic Planning and Deputy Leader of the Council said:
“We have a clear vision to harness the potential we have locally and to strengthen our economy, as laid out in BCP Council’s Big Plan. Working with the local BID is fundamental to driving this forward, so we are delighted that Poole BID have the support of levy payers and will run for another term.”

Jacqui Rock, Poole BID Lead looks ahead to the coming 5-year term. “We acknowledge that it is hard to satisfy the many diverse requirements of Poole’s wide-ranging businesses and there have been obstacles along the way – not least the ongoing pandemic. Now that we have the clear support of the majority of businesses for a second term, my job will be to deliver the services outlined in the 21/26 Business Plan. Together with my Operations Manager, Christina Pengelly I am looking forward to helping Poole businesses fulfil their potential."