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What is A BID

A Business Improvement District (BID) is a business-led and business-funded body formed to improve a defined commercial area.

What is A BID

A Business Improvement District (BID) is a business-led and business-funded body formed to improve a defined commercial area.

In each BID’s designated commercial area, a small % levy is charged to all business rate payers and added to the bill. This levy is used to develop projects which will benefit businesses in the local area.

There is no limit on what projects or services can be provided through a BID. The only requirement is that all services should be additional to those provided by local authorities. Improvements may include, but are not limited to, extra safety/security, cleansing and environmental measures.

The benefits of BIDs are wide-ranging and include:

Businesses decide and direct what they want in their area
Businesses are represented and have a voice in issues affecting their trading area
BID levy money is ringfenced for use only in the BID area
Improved staff retention
Increased footfall and spend
Reduced business costs
Enhanced marketing and promotion
Looking at infrastructure, pollution and movement
Guidance in place-shaping vision activities
Facilitated networking opportunities with neighbouring businesses
Assistance in dealing with the Council, police and other public bodies

Find out more

The benefits of BIDs are wide-ranging and include:

Businesses decide and direct what they want in their area
Businesses are represented and have a voice in issues affecting their trading area
BID levy money is ringfenced for use only in the BID area
Improved staff retention
Increased footfall and spend
Reduced business costs
Enhanced marketing and promotion
Looking at infrastructure, pollution and movement
Guidance in place-shaping vision activities
Facilitated networking opportunities with neighbouring businesses
Assistance in dealing with the Council, police and other public bodies

Find out more

The Hounslow’s Heart Business Improvement District (BID) works on several projects throughout Hounslow Town Centre that focus on improving footfall, keeping staff and customers safe and creating a welcoming environment for growth.

Find out more here