The BID, which levies businesses to fund city centre improvements, came into being after 70 of the 87 who voted this summer, supported setting up the body.
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Following the vote, more than 280 firms within the Ripon BID area are now contributing to an annual budget of £160,000 for projects to create a safer, cleaner and better promoted city centre.
The first networking events for businesses will be held on January 17 and 24.
A Harrogate BID was created in 2019 but plans for a BID in Knaresborough were rejected in October.
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