There are now more than 250 BIDs across the UK, delivering great financial results for businesses large and small, supporting town and city centres to enhance their offer on a daily basis.
BIDS provide a unique opportunity for businesses to jointly invest in delivering a better town centres, business parks and retail parks.
About the BID
The Northwich Business Improvement District (BID) is a defined geographical area in Northwich. Within this area, businesses collectively invest in, and enhance, Northwich as a trading environment. The BID commenced in 1st September 2014 and businesses recently voted in favour of a second BID term, which will run until 2024. It is managed by Groundwork, who are now recognised as one of the UK’s leading experts in delivering successful Business Improvement Districts.
The Northwich BID funds and delivers added value projects and services within the town, which focus on creating a destination of choice for residents, visitors, employees, shoppers and service users to make Northwich a location where businesses and the community can thrive. The BID will not, and cannot, be used to fund services that the council or other public bodies have a statutory duty to provide.
The added value projects and services that the BID enables, is managed and controlled by the business community who part fund the BID. The entire project is business led, with the BID’s funds coming from an additional, mandatory levy. For Northwich this levy equates to 1.5% of individual businesses rateable value on all businesses with a rateable value greater than £6,000.
Our Vision for Northwich is to create a destination of choice for residents, visitors, employees, shoppers and service users, and to make Northwich a location where business and the community can thrive.
The BID aims to position Northwich as a vibrant, exciting and successful retail and cultural area, where people of all ages choose to visit and spend in our shops, on our professional business services, in our restaurants, leisure outlets and visitor attractions.
Northwich BID 2 Proposal
The BID 2 proposal document is the result of a number of consultations with businesses and organisations in Northwich. The feedback from those consultations identified a range of issues and opportunities that have been identified that will be delivered through three themes for improvement.
- Theme One – A Unique Shopper and Visitor Experience
- Theme Two – A Safer Town Centre
- Theme Three – Business Support
The details of the projects and services that will be delivered between 2019 – 2024 are available below:
For more information
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Northwich BID is delivered in partnership by: