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Why do BIDs work?

BIDs, once voted in by the business community, provide a secure and transparent investment plan controlled by businesses. BIDs are not vulnerable to public sector decision making, policy or cuts.

Key Benefits

  • Investment on a scale that is unachievable by businesses working alone
  • Priorities for investment defined by businesses
  • Building on existing success, experience and research, not starting from scratch
  • Five year secured investment
  • Long term planning
  • Opportunity to continue beyond five years