What is the BID?

Business Improvement Districts (BIDs) are independent, business-led, business-funded organisations formed to improve a defined commercial area. Around 330 of them operate across the country. A BID is established statutorily once elected by a majority of business owners in the area and can only operate for a maximum term of five years, before seeking re-election from eligible voters. BIDs are not-for-profit organisations financed principally through a small, compulsory annual levy paid by businesses in the BID area, based on rateable value. By working in partnership and bringing together the skills, experience and influence of local businesses, public authorities and other key agencies, BIDs can serve as a highly effective model for delivering added value to an area through dedicated services and initiatives.

Take a look at the map below to see our remit.