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Loughborough BID Renewal Survey 2026 |
Introduction
The Love Loughborough BID has been in existence since 2011. Working on behalf of the 600+ eligible businesses, the BID's primary purpose is to support its members to create a successful trading centre as well as ensuring that it is a safe and welcoming place for people to work, visit & reside. The BID has a strong focus on marketing and promoting the Town Centre to support businesses and attract visitors.
Operated by the not-for-profit BID Company with a Board of Directors (drawn from local business representatives who work on a voluntary basis) Love Loughborough BID has been driven by the private sector, with the belief that local businesses, working together, will have a more influential voice in shaping the future of our town.
Over £250,000 pa is currently collected from the levy, and this funds all our work. Additionally, we have been one of the most successful BIDs of our size in leveraging further money, over £40,000 pa in other income and over £400,000 of grant funding attracting over the last 5 years.
BIDs are required to vote every 5 years to renew their mandate and Love Loughborough will come to an end unless the majority of businesses vote YES to continue it for another 5 years. If it comes to an end all current activity will stop later this year.
To secure another term we need to stage a renewal ballot in June 2026 and produce a new 5- year Business Plan on which eligible businesses will vote on. Your feedback to this survey will help shape the new Business Plan.
For more information and how to contact us you can visit www.loveloughborough.co.uk.
All responses will be treated in the strictest of confidence.
The closing date is 28 February 2026
Operated by the not-for-profit BID Company with a Board of Directors (drawn from local business representatives who work on a voluntary basis) Love Loughborough BID has been driven by the private sector, with the belief that local businesses, working together, will have a more influential voice in shaping the future of our town.
Over £250,000 pa is currently collected from the levy, and this funds all our work. Additionally, we have been one of the most successful BIDs of our size in leveraging further money, over £40,000 pa in other income and over £400,000 of grant funding attracting over the last 5 years.
BIDs are required to vote every 5 years to renew their mandate and Love Loughborough will come to an end unless the majority of businesses vote YES to continue it for another 5 years. If it comes to an end all current activity will stop later this year.
To secure another term we need to stage a renewal ballot in June 2026 and produce a new 5- year Business Plan on which eligible businesses will vote on. Your feedback to this survey will help shape the new Business Plan.
For more information and how to contact us you can visit www.loveloughborough.co.uk.
All responses will be treated in the strictest of confidence.
The closing date is 28 February 2026