Business Improvement Districts (BIDs) are an effective way in which businesses can take control and improve their trading environment.

• BIDs are funded and controlled directly by the businesses who pay for them. As a business, you choose which projects the BID fund is spent on.
• A BID in Guildford could raise an extra £500,000 revenue per year to spend on the things that businesses feel are important.
• Since September 2004 when this legislation was introduced, there have been over successful 140 BIDs in the UK, which over the next 5 years will bring in £300 million of funding.