Energise Galasheils, in partnership with Galasheils Chamber of Trade has announced £55,000 funding has been secured to develop a town centre Business Improvement District (BID) plan for the town.
The initial funding has come from BIDs Scotland, Scottish Borders Council, Borders Railway Blueprint Fund and contributions from the private sector.
It’s hoped the BID will help town centre businesses take control and responsibility for developing and improving the area, with the potential of generating in the region of £750,000 over the five-year term.
Craig Murray, chairman of the Galashiels BID steering group, said: “The idea of developing a BID in Galashiels is very exciting.
“With support from BIDs Scotland and Scottish Borders Council we have an amazing opportunity to enhance Galashiels as the capital of the Borders.
“The BID model gives business owners much more control over the future of the town centre.
“With council budgets under increasing pressure we, as business leaders, must step up and take responsibility for our town centre. We can no longer expect SBC to always have funds available for our town centre.
“Increased footfall in the town centre benefits us all.”
Source: The Southern Reporter