What is a BID? A Business Improvement District (BID) is “a designated zone or area in which businesses benefit from a wide range of additional services over and above those funded through the standard commercial rates and council services”. How BIDs work Business Improvement Districts (BIDs) are created by businesses and organisations which come together to collaborate on initiatives that improve the location where they trade or do business. BIDs are driven by participating businesses – who work together to draw up a business plan which is voted on and, if agreed, is then funded through a levy based on business rateable values, as well as trying to lever in additional funding where possible for investment into the delivery of projects for the benefit of businesses. This levy is collected by the relevant Council and paid directly to the BID company. This is a not for profit company which has been set up by business representatives and will be accountable to the businesses in the BID Area to manage the delivery of the BID Business Plan. We're sorry but <%= htmlWebpackPlugin.options.title %> doesn't work properly without JavaScript enabled. Please enable it to continue.
