Bracknell Business Improvement District (BID)
Western and southern business areas
The Bracknell Investment Group has been working on proposing a BID in the southern and western business areas of Bracknell. Their aim is to enhance and improve the business environment in Bracknell through collaboration, partnership and investment.
The group published their full BID proposal and prospectus in September 2019. The ballot process for establishing the BID started at the beginning of October 2019 and ended on 31 October 2019. The results of the ballot can be found below.
A BID is a defined geographical area in which local, individual rate-paying businesses put forward ideas to improve and transform their area. These ideas are then voted on by all the BID members. BID funds are ring-fenced to provide the improvements agreed through the voting process. This ensures a sustainable and democratic way of creating a development plan for the area which can help transform it into a better place for business and residents.
With the opening of The Lexicon, Bracknell has changed, impacting all those who live and work in the area. This also brings challenges for businesses, with increased traffic congestion as shoppers are attracted from further away.
A group of businesses came together last year to represent the interests of businesses who are already in Bracknell, and to make sure that Bracknell remains a great business location.
A BID offers all businesses a great opportunity to come together with their own budget and a collective voice, to deliver benefits to businesses and change perceptions of the area.
For more information, visit the Bracknell BID website.
Economic and Skills Development Partnership
Bracknell Forest, unlike anywhere else in the Thames Valley, is fortunate to have a highly active business led partnership that covers the entire borough. This is called the Economic and Skills Development Partnership (ESDP).
The purpose of the ESDP is to facilitate and promote the continued economic development of Bracknell Forest. The partnership acts as the voice of business and brings together representatives from the private, public and education sectors.
The partnership recognises that it cannot and should not act in isolation, so that economic goals are achieved. Organisations that the partnership engage with (but may not sit on the ESDP membership) include:
- Thames Valley Berkshire LEP
- Thames Valley Chamber of Commerce
- Federation of Small Businesses
- and many others
Currently the partnership contains representatives from the following organisations, amongst others:
- Bracknell Forest Council
- Bracknell & Wokingham College
- Duncan Yeardly
- Learning to Work
- ON semiconductors
- Pegasus group
- Silva Homes (formerly Bracknell Forest Homes)
- Thames Valley Chamber of Commerce group
- The Lexicon
- Wellington College
Agendas and minutes
You can view the ESDP agendas and minutes.
As the partnership evolves and priorities change, we are always looking for passionate and active people to get involved in our work, and hopefully in time become a member. If this is of interest or you would like to learn more please contact us.