June 30, 2014 2.31 pm This story is over 116 months old

Lincoln BIG praised for funding efforts at national awards

Big award: Lincoln BIG’s funding efforts for the city have been rewarded at a national award ceremony.

A business organisation supporting growth and promoting Lincoln city centre has been highly commended by judges at a national awards ceremony.

Lincoln BIG was praised for the range and depth of funding the organisation has managed to attract to the city.

The judges also acknowledged the city’s business improvement district for having one of the greatest range of activities and financial turnovers of any BID outside of London.

The award was handed to the chief executive of Lincoln BIG, Matt Corrigan, at a special ceremony in Dundee.

Lincoln was just one of five shortlisted for the awards, which recognise BID organisations, who have delivered innovative projects and real economic benefits to their town or city.

“We are absolutely delighted that the hard work of all the Lincoln BIG staff has been recognised,” said Matt.

“We are proud of what we have achieved in bringing in lots of external funding – all of which has been invested in supporting our city centre to grow and thrive.

“The award is also another important step in raising the profile of Lincoln.”

The Lincoln BIG entry has generated external funding from a variety of sources to deliver city centre projects, with funding increasing from £225,000 — at the start of the first Lincoln BID in 2004 — to £1.2m in 2014.

This additional income has meant that BIG is able to deliver bigger and better projects and services to levy payers as well as ensuring its long term financial sustainability.