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Welcome to the Leatherhead Business Improvement District (BID) business to business website, we will be updating it regularly to keep eligible businesses within the proposed BID area up to date.
A BID is an independent, business-led, not for profit organisation providing additional services and improvements in a defined area of a town.
Businesses within the defined area that are eligible (shown opposite) pay a small levy proportionate to their rateable value to fund BID activities.
BIDs must deliver services and initiatives as outlined in the agreed priorities published in their business plan / formal proposal document.
A BID operates for a maximum of a 5-year period before having to go to a re-ballot when businesses decide whether to continue with another BID.
BIDs are independent from Local Authorities and are run by a business-led board of directors, selected from the business sectors represented in the town.
There are over 330 active BIDs operating in the UK, with nearly 90% deciding to renew their local BID after their first 5-year BID period.
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contact us : info@leatherheadbid.co.uk