In July 2012 Clifton Village Traders Association began working with businesses to achieve BID (Business Improvement District).
In November 2012 Clifton Village voted in favour and BID Clifton Village Ltd was subsequently formed.
What is BID Clifton Village
The aim of BID Clifton Village is to support all businesses within the area and to work collaboratively on projects that will enhance the Village and make a difference to our trading environment.
A Business Improvement District (BID) is a business led initiative which gives local organisations the power to raise funds locally which are spent locally on improving their own trading environment. It is an investment scheme where local businesses have the opportunity to say how their money should be invested to benefit not only themselves but their employees, customers and clients. A BID is not a new tax it is an investment. Unlike your business rates, the money does not go to Government, it all remains in Clifton Village to be spent on the things that matter to you. The BID allows for additional services to those provided by the City Council through Business Rates and no BID money can be used to fund services which the City Council is obligated to provide.
How much money will be available
In excess of £250,000 over the first fIve years which wIll be re-invested in Clifton Village.
What projects will the BID deliver?
|Tourism||To re-focus and re-position Clifton as an internationally renowned tourist attraction, to tourists as well as locals.|
A cohesive approach to increase awareness and impact Establish a cohesive marketing plan for the Village as a whole. With economies of scale individual's marketing expenditure can decrease whilst the impact and awareness of the message is increased.
Clifton Village website
To promote Clifton as a cultural area of beauty with a wide range of retail outlets and businesses. To host a variety of events to entertain and appeal to individuals, families and friends alike.
Clifton in Bloom
|Parking||We are all too aware of the parking issues in Clifton for customers, clients, business owners and residents. To make Clifton accessible to all it is important that we spend time looking into these issues and consider / debate all the options to try and find an improved solution which we can present to the City Council|
|Infrastructure, Health and Safety||
Safer / Cleaner Village
In November of each year, an invoice will be raised by the City Council on behalf
of BID Clifton Village and sent to everyone for the required annual amount. This is to be paid as a single payment (unlike Business Rates which are paid over 10 months).
How long will it last?
The BID will be for a five-year term (until September 2017). We will then be seeking to renew the BID for a further five-year period.