A BID for Westcliff-on-Sea?
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A Business Improvement District (BID)
is a defined geographical area
Within the area businesses vote to pay an additional amount so that services can be provided that they, as a group, want to have
This money is paid by businesses through a levy which is normally applied using the rateable value of their commercial premises
A BID company has a maximum of five years before they have to return to their group in order to ask if they want the BID to continue
BIDs succeed because they are focused, entrepreneurial, cost efficient and provide a powerful and fast response to business needs
They are not a replacement for local authority and police services, but provide an additional resource
There are now over 320 BIDs in operation across the UK including Newcastle, Swansea, Nottingham, Brighton, Liverpool, Edinburgh and several in London
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