Fast Facts for BIDs Partners
What is a Business Improvement District?
A Business Improvement District is a partnership between a local authority and the local business community to develop projects and services that will benefit the trading environment within the boundary of a clearly defined commercial area. By the begining of 2008 over 60 Business Improvement Districts had been established across England, Wales and Scotland (see Established BIDs for current numbers).
Legislation has also been passed in the Republic of Ireland. Although most UKBIDs are currently in town centres, the principle works just as well in other places, and there are already BIDs established in industrial estates with considerable further interest. In future we expect to see many more of these non-town centre BIDs: this is recognised in the support and services offered to prospective BIDs - see Join Us.
File Date: 13/01/12