Halifax BID
Our Vision
Develop Halifax into a quality destination and great place for business, leisure and culture with a profile that is recognised regionally and nationally, for being family friendly, welcoming and inclusive to all and which builds upon its heritage and looks to the future.
Your Business Improvement District
What is a BID?
A BID is a Business Improvement District. This mechanism is part of the government’s long-term strategy to encourage partnership working between a Local Authority and the business community. A BID is a defined area within which rate-paying businesses decide on new improvements to help transform their area and then vote to agree the investment. This money is then ring-fenced to provide the improvements agreed through the development of the BID strategy.
There are currently over 300 BIDs, with some in to their 3rd or even 4th term. The majority of these had a greater turnout and an even greater vote in favour than the first time of voting. They see improvements to business profitability and turnover which would not have happened without a BID.
Our Objectives
Businesses from across Halifax Town Centre identified key priority areas for 2022-2027, which fell into three objectives.
Objective 1- Vibrant and Promoted
To create a vibrant Halifax town centre and develop and promote the Halifax identity and the business, cultural, leisure, and social offer locally and regionally.
Objective 2- Welcoming and Safe
Enable a welcoming and safe, environment to increase positive visitor perceptions and those who live and work in Halifax.
Objective 3- A Place to Grow and Invest
Encourage growth, development and investment of businesses which complement and build on the strengths of Halifax.
The Levy
A levy of 1.75% of rateable value (RV) was proposed for businesses with an RV of £6,000 or more businesses which fall within the levy criteria . This levy arrangement will generate around £2.2 million of ring-fenced funding over the five-year life of the BID and will be used to lever in additional funds where possible adding a further £210,000 over the life of the BID. This will be used to fund the projects identified in this Business Plan.
Newsletter
Are you signed up to receive our newsletter? Every month Discover Halifax send out a newsletter updating you on what we have been up to, as well as highlighting ways you can get involved in future campaign and events
If you are interested in signing up to our mailing list, please email Natalie Shaw on office@halifaxbid.co.uk
Alternatively, a copy of our newsletter can be downloaded below.
