What is a BID?

A Business Improvement District is a defined area, in this case Bury town centre, in which a levy is charged on all eligible business ratepayers.

The Bury BID levy is set at 1.5% of the rateable value and the funds are used to develop projects which will benefit all town centre businesses. For more detailed information, see the Bury BID Business Plan 2022-27.

Bury town centre BID is:

  • Business led
  • Business funded
  • Guided by the Business Plan that the BID businesses input into

The funds from the BID levy do not replace council services, BID-funded projects will always be in addition to services provided by local authorities.

The Board & Governance

The BID Board is made up of voluntary business representatives.

Meet The Team

Nigel Shields

Town Centre Director

Nigel Shields brings a wealth of experience to the role, most recently as Head of Employer Engagement and Skills at Bury College. He has extensive knowledge of the area and the local business community and a deep understanding of the pressures on local businesses.

This position is key to the success of the BID and the ongoing development of Bury Town Centre as Nigel will lead on delivering the strategic direction of the BID for the next four years and beyond.

If you would like to arrange a meeting with Nigel, email manager@burybid.co.uk

Sally Boyd

Business Liaison

Sally joins us from an advertising and arts marketing background and has made Bury her home for the last 20 years. Sally works part-time as she is also a local small business owner. Sally looks forward to meeting you when she calls in with your monthly newsletter.

What we do

Bury BID offers a diverse range of services that will attract more visitors to Bury town centre and encourage them to stay longer and enjoy the businesses. A key priority for the BID is to support the town centre welcome.

FAQs

A BID is an arrangement whereby businesses get together to decide what improvements they want to make in their town centre, how they will manage these and what it will cost them. This all goes into a business plan which is voted on by all those who would have to contribute. The BID lasts for a maximum of five years and must be able to demonstrate how a BID benefits the businesses that have funded it.

It’s up to you. BIDs can deliver projects or services that are agreed by the businesses in the BID area (see map) and must be services and projects that are over and above anything that the Public Sector already provides. Before a BID business plan is produced all the services being delivered by the Local Authority are benchmarked and they must continue to deliver that level of service for the 5-year term of the BID. BIDs can deliver projects or services that are agreed by the businesses within the BID area.
A BID is a mechanism which allows businesses to raise a sum of money to manage and deliver projects that they have identified to improve their trading environment.