ABOUT BIDs‎ > ‎

why BIDs work

BIDs, once voted in by the business community, provide a secure and transparent investment plan controlled by businesses.  BIDs are not vulnerable to public sector decision making, policy or cuts.
 
Key Benefits
  • Investment on a scale that is unachievable by businesses working alone
  • Priorities for investment defined by businesses
  • Building on existing success, experience and research, not starting from scratch
  • Five year secured investment
  • Long term planning
  • Opportunity to continue beyond five years