The Scottish Government has awarded Paisley £20,000 to support the development of a Business Improvement District (BID). The purpose of a BID is to benefit and contribute to economic growth within a local area. Businesses within the BID can work together, reducing costs, investing in risks and creating opportunities to grow business, improving the economic prospects of the BID economic area.
Speaking on the award, Paisley’s MSP George Adam said:
‘I am delighted that my colleague, Derek Mackay, Minister for Local Government, has announced this funding for the development of Paisley’s BID project.
‘I have been involved for some time now with the BID proposals with interested business people in Paisley, and to get this funding to take their ideas to the next stage is fantastic.
‘There are a lot of people involved in this BID proposal, business people, yes, but they have something more to offer. They have Paisley and the betterment of the town at their heart. This is something you just can’t buy.
‘I look forward to the BIDs project going to the next stage and I for one will be backing them all the way.’