About us


LOWESTOFT VISION 2018 - 2023 

In 2018, we asked businesses based in Lowestoft town centre to vote for the renewal of our Business Improvement District (BID), with the aim of making Lowestoft a better place in which to visit and do business.

An overwhelming percentage of businesses voted in favour of Lowestoft Vision and we are excited to continue our four main objectives, aimed at making Lowestoft town centre:

  • More accessible
  • More appealing
  • More attractive
  • More secure

We have already delivered many eye-catching and successful initiatives with the intention of attracting more footfall into the town centre and making it a great place to visit and work.

These include:

  • Part-funding the town centre Police Community Support Officer
  • Providing annual Christmas lights, decorations and trees within the BID area and arranging Christmas light switch-on events
  • Annual Halloween trail
  • Annual Turtles and Freddie the Fish summer trail
  • Discover Lowestoft promotional website and social media
  • Celebratory events including the1940’s weekend, continental weekend and annual pancake race
  • Decorative hanging baskets & planters
  • Free parking initiatives
  • Security radios
  • Lowestoft Discovers
  • Cardboard collection service

 2017 10 06 Lowestoft BID Area 2018 2023

 

To view the Business Plan for 2018 - 2023 click here

To view the list of streets for 2018 - 2023 click here

To view the Operating Agreement for 2018 - 2023 click here

To view the Final Consultation 2017 click here

With special thanks to Picture Studio's, Charlie Ketchen and Peter Eyles for the photography used in BID documents.

What is a BID?

Business Improvement Districts (BIDs) are tasked with delivering improvements through additional services to commercial areas. There are now over 270 BIDs in existence in town and city centres across the UK.

BIDs are created by means of a ballot of commercial occupiers who vote on a business plan that sets out the additional services to be provided. If successful at ballot, those services are funded through an additional charge.

The work of a BID is not to replace existing services already provided by local councils or the police, but to implement additional measures beyond these statutory requirements.

BIDs operate for a maximum of five years within the legislative framework. If they wish to continue they must go through a renewal ballot process to secure another BID term of up to five years.

Lowestoft Vision was officially formed as a Business Improvement District (BID) on the 1st August 2013 following businesses voting yes to contributing funds to make improvements to the town, and was successfully renewed in May 2018.

With special thanks to Picture Studio's, Charlie Ketchen and Peter Eyles for the photography used in BID documents.


 LOWESTOFT VISION 2013 - 2018 

Lowestoft Vision was officially formed as a Business Improvement District (BID) on the 1st August 2013 following businesses voting yes to contributing funds to make improvements to the town.

BID’s are national schemes under the Local Government Act 2003, Business Improvement District (England) Regulations 2004 which enables communities to form an organisation which raises money through a levy on the rateable value of business premises. The levy is then ring-fenced for projects in the town with those businesses helping to set the priorities of the projects.

During April 2013 businesses within the proposed BID area were sent a prospectus about what a BID could provide in Lowestoft. Businesses with a rateable value of £8,000 and above were then given the opportunity to vote for or against the proposed BID. To achieve the BID more than 50% of businesses voting needed to vote yes. In addition the aggregate rateable value of those voting had to be above 50%.

bid-area

On the 22nd May 2013 Electoral Reform Services announced the result, with 80% of Businesses voting yes with a rateable Value £3,610,000 out of a possible £4,622,550.

Following the announcement the BID was formed and officially launched on the 1st August and will deliver a range of projects until August 2018 before businesses have the opportunity to vote to extend the BID for a further five years.

Lowestoft Vision is managed day to day by Suffolk Chamber of Commerce and employes two members of staff to deliver and develop projects on behalf of businesses.

The BID has four company Directors who oversee the development of the BID and a Management Board made up of 20 levy payers who help set priorities and guide BID projects.

All Levy payers are invited to attend Lowestoft Vision Forums where they can help set future plans and projects.

Lowestoft Vision has five key aims of Making Lowestoft More Secure, More Appealing, More Attractive and More Accessible.

For information on Lowestoft Vision achievements to date please see the reports below

Click here to view PDF (Lowestoft Vision Business Plan)

Click here to view 'Lowestoft Vision - Our Journey' PDF

Click here to view 'Lowestoft Vision Mid-Term Report' PDF

Click here to view the Lowestoft Vision End of Year Report 2016

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