What is a BID?
A BID (Business Improvement District) is a business led and business funded body formed to improve a defined area.
Each business within the given zone pays 1.5% of their rateable value into a funding pot once a year. For a business with a rateable value of £8,000, this amounts to £120 a year or £2.31 a week.
In Morecambe, the BID has a funding pot of approx £130,000 per year (excluding extra or match funding from other sources). Businesses then get to decide how this money is spent to improve their town. This would involve ongoing consultation with Morecambe’s businesses to ensure your needs are being met, in ways that you want to see.
Company Details
- Employees
- 1
- Founded
- -
- Address
- Morecambe, Lancashire La4 4bq, Gb
- Industry
- Community Services
- NAICS
-
Community Food and Housing, and Emergency and Other Relief ServicesCommunity Food ServicesCommunity Housing ServicesTemporary SheltersOther Community Housing Services
- Website
- https://morecambebid.com/
- HQ
- Morecambe, lancashire
Morecambe Bid Questions
Morecambe Bid's website is https://morecambebid.com/
Morecambe Bid's LinkedIn profile is https://uk.linkedin.com/company/morecambe-bid
Morecambe Bid has
1 employees.
View email and phone details for 1
employees at Morecambe Bid.
Morecambe Bid's industry is
Community Services
Morecambe Bid's top competitors are
Lancaster Bid,
Sustrans,
Cumbria Chamber Of Commerce,
Sapphire Utility Solutions Ltd,
Hewlett Packard Enterprise,
Bbc.
Morecambe Bid's categories are Community Services
Morecambe Bid's founding year is 2014
