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- About the BID
“To create a vibrant BID area, we can all be proud of, where businesses prosper, our communities thrive and visitors value the Swindon town centre as a destination of choice.”
We are a democratically elected, business-led organisation which was formed to improve a defined commercial area in Swindon town centre. First established in 2007, we were one of the earliest BID’s to set up and we were successfully renewed in 2017. Led by businesses, we represent 478 hereditaments and since 2007 we have invested more than £5m in Swindon town centre. We recognise how important working in partnership is to being effective and achieving results.
We work in close partnership with various organisations including Swindon Borough Council, Wiltshire Police and Swindon & Wiltshire Local Enterprise Partnership (SWLEP) to shape the town centre. We are entirely independent, funded by our BID business levy payers and provide ‘additionality’ to services, not substitution. We drive forward the BID’s Business Plan and answer to the BID Board.
• A Better promoted town centre
• A Cleaner and more attractive town centre
• A Safer and friendlier town centre
• A support network for businesses in the town centre
They are not a replacement for local authority and police services, but provide an additional resource. They are funded by businesses through a small levy, normally applied to the rateable value of commercial premises.
BIDs are created by a ballot amongst participating businesses, and have a maximum term of five years before they have to return to their electorate in order to be renewed.
For more info on BIDs in the UK visit WWW.BRITISHBIDS.INFO
After ten years, the inSwindon BID Company has evolved; you would expect nothing less. Not only are we committed to continuing to provide the much needed and highly valued specialist, additional and enhanced services being delivered in your town centre, we have also become a strong voice for you, our members.Click here to view our prospectus for 2017-2022