Kidderminster Business Improvement District (BID)
What's it all about?
A BID is a defined area in a town where a partnership is formed between all organisations for the improvement of that area. Improvements typically include items such as new business support, town marketing, promotions and events, safety & security, extra cleansing and maintenance. The BID services agreed are always in addition to those already provided by the Local Authority and it is not a means for a local authority to save money. The extra services delivered by the BID body, which becomes independent of the Council, are funded by an annual levy, usually about 1.5% of the rateable value of each property. However all this has to be agreed by a ballot of all businesses within the proposed Business Improvement District.
Typical outcomes generated by a BID include:
- Reduction in crime
- Increased vibrancy of the town
- Increased footfall
- Increased consumer spend
- Increased property values
- Better perception of the town
BIDs have been successfully adopted and re-adopted in well over 100 towns in the UK; there are 11 in the different areas of Birmingham and its surrounds.
Kidderminster BID result
Ballot opened 18 April 2019
Ballot closed 5pm 16 May 2019
BID Map Area
Please click on the map to view a larger image
If you have any questions about the Kidderminster BID, please contact Ros Derby, Swan Centre Manager on 01562 753210 or email Rosalyn.Darby@swancentre.com.