A BID (Business Improvement District) is a business-led, not-for-profit organisation.
The local business community work together and invest collectively in new projects and services that they have prioritised to address opportunities and problems that affect their businesses, staff and customers.
The BID in Slough will raise a levy of 1.25% (exemptions and other rules apply) from every eligable business in the BID area and focus on the following projects:
Safe and Secure
Helping to deal with crime and anti-social behaviour in the town centre.
Environment
Creating a clean and pleasant environment. Everything clean, everything working.
Marketing and events
Promoting Slough as a welcoming, vibrant town centre with events for everyone.
Business Support
Training and networking opportunities, cost reduction through joint procurement and customer loyalty schemes.
Representation
Being your voice, representing business interests and working with other organisations to get the best for the town centre.
How is the BID Governed?
The BID will be governed by a board of directors made up of business representatives who represent the BID area, and other stakeholders. This means that businesses have a local voice – and can decide and direct what they want for Slough town centre.
Alongside a Steering Group comprising business owners and managers and Slough Borough Council, we have held consultations, spoken with hundreds of businesses, run two surveys and held networking meetings to ensure that the BID Business Plan for Slough is robust, realistic, imaginative and capable of securing a Yes vote when the ballot comes around in June 2019.
To find out more about the BID, read on, or contact info@sloughbid.co.uk