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"Coventry Business Improvement District (BID) is a partnership between the businesses located within the ring road of Coventry city centre.\r\nThe aim of the BID is to promote, develop and boost the city centre to make it a great place to work and visit.\r\nProjects are varied and fall under the categories:\r\n\r\nSecurity and Environment\r\nEnhancing and Promoting\r\nBusiness Voice and Support\r\n\r\nThese were identified by the businesses in the city centre as their key priorities.\r\nTo ensure the BID is delivering results for its contributors it is overseen by the BID board of Directors. A vote takes place every five years to decide whether the scheme should continue. Each business has one vote and in order for the scheme to be renewed, there must be a clear majority by both the number of votes received and the total aggregate rateable value of the votes.\r\nAfter a successful revote in 2018, Coventry BID is now starting it’s fourth term, this time as an independent BID. Coventry BID Ltd was formed as the BID separated from Coventry City Council, however, there will still be strong partnership working as Coventry BID will be extremely proactive in ‘Driving the future’ of Coventry city centre.\r\nThe BID team will be working tirelessly to make sure that it provides exceptional service for all the companies it represents."
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