The new award will be combined with BIDS own funds, delivering a funding pot of £65,000 for 2024.
BID4Oban has agreed with Argyll and Bute Council that the existing BID process for allocating grants will be used to ensure compliance with current procurement processes. The maximum grant will be £1,200 per business or 75% of the costs. Although grants are capped, where there are exceptional cost circumstances the BID company will look favourably on additional costs. There is an expectation that businesses will use local contractors wherever possible.
