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Colmore Business District is a business improvement district (BID) established to project manage improvements and services to the business quarter of Birmingham. A BID is a defined geographical area within which local businesses collaborate to invest in projects, services and initiatives which improve the environment in which they work. Colmore BID is financed through a 1.5% levy on the rateable value paid by a business. The levy applies to businesses with a rateable value of £10,000 or above and levies are capped at £25,000. The BID company is a not-for-profit and democratically elected company. BIDs deliver additional services to those provided by a local authority.
Colmore Business District’s first term ran from April 2009 to March 2014. The BID secured a resounding Yes vote in its renewal ballot for a second five-year term from April 2014 to March 2019. Those in favour made up 94% of the turnout by number and 96% of the aggregate rateable value represented by those voting. The turnout was 61%.
In 2018, Colmore BID secured another successful Yes vote for its third BID term, which commenced on 1 April 2019. Those in favour made up 96% of the turnout by number and 98% of the aggregate rateable value represented by those voting. The turnout was 64%. The result is one of the best in the country.
Company Details
- Employees
- 29
- Founded
- -
- Address
- 2nd Floor, Christchurch House, 30 Waterloo Street,united Kingdom
- Industry
- Civic And Social Organizations
- HQ
- Birmingham, England
Colmore Bid Questions
Colmore BID's website is http://colmorebusinessdistrict.com
Colmore BID's LinkedIn profile is https://uk.linkedin.com/company/colmorebid
Colmore BID has
29 employees.
View email and phone details for 29
employees at Colmore BID.
Colmore BID's industry is
Civic and Social Organizations
Colmore BID's top competitors are
103 Colmore Row,
The Jewellery Quarter Business Improvement District,
West Midlands Combined Authority,
The Bid Foundation,
Fleetmilne,
Greater Birmingham Chambers Of Commerce,
Think Recruitment Group,
Orelle Restaurant,
Paradise Birmingham,
West Midlands Growth Company.
Colmore BID's categories are Civic and Social Organizations
Colmore BID's founding year is 2009
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