Minister announces further £150k for Business districts

Communities Minister Deirdre Hargey is allocating an additional £150,000 to Business Improvement Districts (BIDS) - Coleraine is one of the participants - to assist them with their operational costs.
By Una Culkin
Published 1st Feb 2021, 09:45 BST
Updated 1st Feb 2021, 09:46 BST
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BIDs are developed, managed and paid for by the business sector. They bring local businesses and other stakeholders together with the aim of regenerating their areas and improving their local trading environment.

Minister Hargey said: “The ongoing lockdown restrictions have impacted heavily on the collection of levies. This additional funding will help ensure that BIDs can continue to play a key role in bringing local businesses and other stakeholders together to help regenerate their areas.”

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Currently there are eight BIDs operating here, with three across Belfast City Centre and others in Ballymena, Coleraine, Enniskillen, Newry and Strabane.

The funding will help with the operational costs of each BID up to the end of March 2021.

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Related topics:Deirdre HargeyBidsColeraineBID