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The BID is designed to help businesses. It gives businesses a direct say on what they want in their area, the levy money is only used in the BID area, showing businesses that money raised in the area is used in the area.
The benefits of BIDs include:
  • Businesses decide and direct what they want in their area

  • Businesses are represented and have a voice in issues affecting their operating area

  • BID levy money is ring-fenced for use only in the BID area

  • Improved staff retention

  • Reduced business costs

  • Looking at infrastructure, pollution and movement

  • Business crime prevention and additional security

  • Improved transport links and improved roads and footpaths

  • Facilitated networking opportunities with neighbouring businesses

  • Assistance in dealing with the Council, Police and other public bodies