Truro BID

Truro Business Improvement District is a not-for-profit organisation delivering a range of additional services and initiatives designed to raise the profile of the city, attract more visitors, and encourage them to explore all its facilities.

Supported by government legislation, a BID gives businesses the power to raise funds locally to be spent locally on improving a defined commercial area.

A BID is created when most of the business ratepayers within that area vote to invest collectively in local improvements, as outlined in a business plan. The BID is independent from local authorities and other statutory agencies and delivers projects over and above the baseline service provided by them.

Truro BID first became operational in October 2007 and is currently in its fourth, five-year term, which started in October 2022.