In April 2005, Lincoln city centre businesses voted to establish the first Business Improvement District (BID) in the East Midlands and implement the proposals set out in the Lincoln BIG Business Plan. The proposals are funded through a one per cent levy on business rates on all properties with a rateable value of over £5,000 located in the BID area, voluntary donations from investor members, grants and trading revenues. The Business Improvement District is at the heart of Lincoln city centre and covers the historic Cathedral Quarter, the High Street, Cultural Quarter, St Marks Shopping Centre and Brayford Waterfront.
The Lincoln BID will operate for a five year period between 2005–2010. It can only be extended or renewed, subject to a new vote.
We provide many different services for City Centre businesses to be involved with:
If you’d like to find out more about any of Lincoln BIG’s activities or ways you can get involved, please contact 01522 545233.