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City centre businesses have voted to continue InExeter, the city’s Business Improvement District (BID), which will result in more than £2.8million being invested over the next five years across the city centre. The vote saw InExeter attract 255 of the businesses voting in favour and £16,096,600 of rateable value voting in favour. Overall turnout of the 731 businesses eligible to vote was 352.
Ann Hunter, InExeter manager said: "I am incredibly proud of the work InExeter has achieved and pay sincere thanks to our volunteer Board of Directors for leading the BID over the last 5 years. Thank you also to the passionate team at InExeter but thank you most importantly to the business community who have voted in favour of continuing to invest in business and the city. This is a tremendous result and we look forward to delivering more, achieving more and supporting you more over the next 5 years.’
Over this term, the district has expanded to include, amongst other streets, Magdalen Road, at the request of business owners. The business plan to be delivered over five years includes projects to develop the city’s programme of events and experiences, to make Exeter’s street environment more welcoming and attractive and to deliver more support and information services to business.
Patrick Cunningham, InExeter board chair said “I am very pleased that the city centre businesses have seized the opportunity to continue InExeter. I am sure the effect of this positive vote will encourage greater business collaboration, more events and activities to draw footfall and more business support initiatives. I look forward to working with the other Directors on the Board to grow business.’
In setting out the priorities for 2020-2025, InExeter carried out engagement and gathered opinions and comments from InExeter member businesses and businesses located in the proposed extended areas on the key priorities for the next term. It was found that further enhancement to the cleansing and cleaning programme, providing crime prevention support and initiatives (support for Exeter Homeless Partnership) increasing the number of activities, events, festivals and markets throughout the calendar year
and further investment in public realm improvements such as street furniture including signage to advertise businesses and more planting and greenery.
The 2020-2025 InExeter term will commence on 1April 2020