![](https://lovestrabane.com/wp-content/uploads/2023/10/46779851_1954526554593720_7524052923223900160_o.jpg)
WHO WE ARE
First established in 2016 by a majority vote of the businesses within the BID area, Strabane BID is a means of regenerating Strabane town, increasing football and improving the trading environment. Set up as an independent, not for profit company, the BID board contains representation from businesses and stakeholders in the BID area. Each business within the area contributes by paying an annual Levy, based upon the rateable value of your business premises. By collectively investing in the area it gives more control to businesses and stakeholders to have their own input on what they want to see, and how they can deliver it.
We are dedicated to making Strabane a better place to live, work, visit and invest.
WHAT IS A BID?
FA Business Improvement District (BID) is a business-led and business funded body formed to improve a defined commercial area. The benefits of BIDs are wide-ranging and include:
-Businesses decide and direct what they want in their area
-Businesses are represented and have a voice in issues affecting their trading area
-BID levy money is ring-fenced for use only in the BID area
-Increased footfall and spend Enhanced marketing and promotion
-Looking at infrastructure, pollution and movement
-Guidance in place shaping vision activities
-Facilitated networking opportunities with neighbouring businesses
-Assistance in dealing with the Council, Police and other public bodies BIDs were first established in Canada and the US in the 1960s and now exist across the globe, including in South Africa, Germany, Japan, New Zealand and AustralIa
There are 330 BIDs across the UK with 8 of these operating in Northern Ireland.