What is a BID?

A Business Improvement District (BID) is a business-led initiative where businesses and organisations, within a  defined area, are invited to work together to make decisions and to take action.

A BID is a means by which these businesses and organisations have the power to raise funds collectively to use for local initiatives with the aim of improving their trading environment. It is an investment scheme where businesses also take decisions collectively, agreeing on their priorities and how to invest their money to benefit themselves, their staff and their customers.

These priorities for action are identified through consultation with businesses and organisations in the town, and their plan sets out how to tackle them. Towards the end of the process in developing this BID proposal all eligible business ratepayers within the defined area will be entitled to vote on the proposals in the plan.

To go ahead the proposal must meet two tests:

  • More than 50% of the number of voters must be in favour of the BID proposal; and
  • More than 50% of the combined Rateable Value of voters must be in favour.

If the vote is successful then the proposals in the plan will be implemented and funded by a BID Levy that is charged in addition to standard business rates.

Frequently Asked Questions

You can find answers to some of the most frequently asked questions here.

Latest News

SITE UNDER MAINTENANCE

PLEASE NOTE THAT THIS WEBSITE IS NOW UNDER MAINTENANCE

BID JANUARY/ FEBRUARY NEWSLETTER

The Kendal BID newsletter has been hand delivered to all its members. Additional information delivered with the …
READ MORE

OBJECTION TO EA PROPOSALS FOR KENDAL’S FLOOD DEFENCES

Kendal Business Improvement District Kendal BID Ltd 28th January 2019 To whom it may concern; Kendal Business …
READ MORE

facebook
twitter
Cookie Policy

Our website uses cookies. By using our website and agreeing to this policy, you consent to our use of cookies.

Find out more about cookies.

cookieI ACCEPT