How does a BID work?
The local business community identifies a requirement for a capital
project or services that will have a positive impact on the trading
environment. It defines the geographic location of the BID and develops
a business plan to deliver the project/services. The plan identifies
how much money will be raised, how it will be spent, how the project
will be managed, the delivery and monitoring procedures. The Local
Authority is responsible for organising the vote on the proposed plan.
