A Business Improvement District (BID) enables businesses to join together to fund projects that address specific common problems. BIDs are fair in that if the ballot is in favour, then every business has to pay the levy. All businesses that benefit from the improved services contribute a little to the cost, rather like a service charge paid in a managed shopping centre.
BIDs do not affect the level or quality of service provided by the local authority to the area, but instead provide the additional or improved services identified and requested by BID businesses.
“As manager of an independent retailer on the edge of the BID area, I really appreciate the work the BID team does to help promote all its businesses, especially events like the annual Easter trail that encourage shoppers to explore the whole area.”
Andy Hills, Antics