It’s a YES for a the Cobham Business Improvement District!

Cobham businesses today voted to back a business improvement district (BID) that will help drive over £800,000 of new investment in the village over the next 5 years.

Developed for businesses by businesses the BID will work hard to ensure Cobham continues to be a successful, vibrant high street enabling Cobham to keep the flags flying, the Christmas lights twinkling, the customers coming and so much more.

The business plan was supported by a majority of the business ratepayers in the proposed BID area who voted, both by aggregate rateable value (95% voting YES) and numbers voting (91% voting YES) to set up a BID in Cobham.

Councillor Robin Stephens, Lib Dem Portfolio Holder for Enterprise for Local Economy said: ‘The BID result is great news for Cobham. We were pleased to back the businesses and Cobham Chamber of Commerce with funding to help develop the BID proposal as part of our work to ensure our town and village centres continue to thrive. The BID is a great example of how we work with our high streets to develop new ideas and sustainable sources of funding in partnership with our local areas. Thank you to everyone who voted - we look forward to working with the Cobham BID to ensure the village remains a great place to live, shop and work.’