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What is a Business Improvement District (BID)?
A partnership between a local authority and the local business community that develops and takes forward projects and services that benefit the trading environment.
BIDs are an investment in the local trading environment through the provision of added value services.
A BID sits businesses and local authorities around the table as equal partners working toward common goals. Identifying what issues and drivers are important to various stakeholders must be done through
consultation, engagement and securing their participation in the BID development process.
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