Coventry Business Improvement District (BID) is a partnership between the businesses located within the ring road of Coventry city centre.
The aim of the BID is to promote, develop and boost the city centre to make it a great place to work and visit.
Projects are varied and fall under the categories:
- Security and Environment
- Enhancing and Promoting
- Business Voice and Support
These were identified by the businesses in the city centre as their key priorities.
To ensure the BID is delivering results for its contributors it is overseen by the BID board of Directors. A vote takes place every five years to decide whether the scheme should continue. Each business has one vote and in order for the scheme to be renewed there must be a clear majority by both the number of votes received and the total aggregate rateable value of the votes.
After a successful revote in 2018, Coventry BID is now starting it’s forth term, this time as an independent BID. Coventry BID Ltd was formed as the BID separated from Coventry City Council, however there will still be strong partnership working as Coventry BID will be extremely proactive in ‘Driving the future’ of Coventry city centre.
The BID team will be working tirelessly to make sure that it provides an exceptional service for all the companies it represents.