WHAT IS A BUSINESS IMPROVEMENT DISTRICT?

A BID is an initiative where local businesses invest collectively in additional local projects and services to enhance their trading performance and environment.  

HOW LONG DOES IT LAST?

We are working on a 5 year business plan that will deliver projects specific to Shawlands to help improve the local economy.  After 5 years the Businesses may wish to produce a new business plan and seek renewal.

WHAT HAPPENS NEXT?

We need to find out what the 'needs and concerns' are of the local businesses so a business questionnaire will be developed to compile as much information as possible which will help us build a business plan that will deliver effective results for Shawlands.   A shoppers survey will also be carried out providing important information for us to review. 

HOW IS IT FUNDED?

A BID is funded by businesses - occupiers and where agreed, property owners through a levy based on the cost of the BID business plan and apportioned across all the eligible levy payers in a far and transparent manner.  

HOW DOES SHAWLANDS BECOME A BID?

The business plan proposal will be submitted to all business included within the proposed BID area.  This Proposal is voted on by the eligible person liable to pay the non-domestic rate .  Businesses must vote in favour of a BID in order for it to be established, this vote is a postal ballot conducted by an independent agency.

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