The Leicester City BID area

The Leicester City BID area

This is the proposed map of the BID area as of January 2017. This isn’t the finalised area and the steering group would welcome your feedback.
BID funding

BID funding

A BID is funded by those businesses within the BID area. Each eligible business contributes a percentage of its rateable value – around 1%. This fund is then ring-fenced – unlike business rates which are redistributed by central government – and an independent BID...
Aims of BID Leicester

Aims of BID Leicester

No city can thrive without a successful centre. The aim of the BID is to help businesses in the BID area address some of the challenges they currently face. From our initial research the following key themes emerged: Improving the overall visitor and resident...
Aims of BID Leicester

What do BIDs do?

Invest in initiatives prioritised by BID members Provide a strong voice for businesses to influence positive change Guarantee sustained funding for 5 years Coordinate investment to make the most efficient use of funds for the benefit of BID members Leverage additional...

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