Kidderminster BID is an independent not-for-profit company, limited by guarantee. It is governed by a voluntary board of directors who represent a cross-sector of the town’s business community.
Kidderminster Business Improvement District (BID) is going into Ballot. If you are a Levy payer, then you have the opportunity to VOTE if you want a BID to continue to support the town.
Voting starts on the 12th November 2024 and finishes on the 12th December 2024.
To help assist you with your decision making, please see below a brief overview of the benefits of having a BID in the town alongside links to the new five-year business plan which details our proposal moving forward and most importantly where income is due to be spent to support the Town.
WHAT WILL A ‘YES’ VOTE MEAN FOR KIDDERMINSTER?
A renewal of the Stronger Together Kidderminster BID for a further 5 years will mean:
Over £1m of additional investment for Kidderminster Town Centre. This will be supported by the additional income that we raise, as in the BID’s first term
The continuation of proven projects, events and promotions for BID businesses and the town
Supporting partners with the town centre regeneration and ensure businesses benefit
Over 400 businesses being given a voice to influence the future development of the town
WHAT IF WE VOTE NO?
If the vote is ‘NO,’ Kidderminster BID will cease to exist on 01 May 2025, stopping all services it provides. Many services and events will be lost, including:
Nearly £1million BID levy investment in Town Centre support over the next five years
Additional funding and services leveraged by the BID (£179K UKSPFF, £4K GSLEP, £50K COVID fund, £8k CLLR funds)
Lose competitive ground with other BID locations (including proposed ones) Like Birmingham, Solihull, Wolverhampton, Redditch, Dudley
Website and media activity
Popular events such as Love Kidderminster, Kiddy Proud, Music Festivals, Halloween trail, Pop Ups, Easter and Christmas Trails, and contributions to other collaborative events such as the Christmas Lights Switch On
Loss of Business Crime reduction initiatives
Lose 7 days of security covering 9,360,000 steps (4,680 miles) a year, 14,040 business stops a year, 7,020 business supports and incidents a year, Recovering over £50,000 of stolen goods to businesses
Business Support which has included Covid-19 aid as well as significant grant income being leveraged to support small businesses
ARE YOU A VISITOR TO KIDDERMINSTER?
Find out all you need to know about visiting the town.
ARE YOU A KIDDERMINSTER BUSINESS?
Find out more how the BID can support your business.
WHAT THE BID MEANS FOR KIDDERMINSTER BUSINESSES
The BID will be dedicated to delivering projects, programmes and services to help make Kidderminster a better environment to do business
WHAT THE BID MEANS FOR KIDDERMINSTER CUSTOMERS
The BID aims to make a collective contribution to the development and improvement of the town centre
Where is the bid area?
Get your business listed
