A Business Improvement District (BID) is a business-led body formed to improve a defined commercial area. Funded by businesses, for the benefit of those businesses, a BID enables a coordinated investment into the area and delivers projects and services which are in addition to, and enhance, those already provided by the Councils.

A BID is a not-for-profit company, which can only be formed following consultation and a ballot in which businesses vote on a BID proposal. Following a successful ballot, a BID is created for a maximum five-year term and operates within a legislative framework. During the term, all businesses defined within the business plan will be required to pay the mandatory BID levy, irrespective of whether they cast a vote in the ballot.

BIDs were first established in Canada and the US, and now exist across the world. There are more than 300 BIDs in the UK, including Bath, Bristol, Swindon, Salisbury and Worcester.

Our four key priorities…

We have identified four main priorities for our levy spend each priority provides a broad spectrum of benefits that are available to levy payers. Our goal is to prioritise these areas, offering our levy payers a range of services and opportunities while promoting a thriving business community and enhancing the town’s overall appearance and attractiveness.

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