What is the Chichester BID?
Chichester Business Improvement District was formed in April 2011 and its staff continues to focus on delivering within four core areas for Chichester City centre. Facilitating strategic partnership, providing opportunity, improving City safety and the promotion of Chichester on a national and local level. To follow the weekly activity going on in your area please view the News and Events page.
Chichester BID Area
Who is part of it?
Chichester BID’s geographical area lies primarily within the limits of Chichester’s historic city walls. This includes Northgate, Southgate, St Pancras and The Hornet. However, not all businesses within the BID area are eligible to pay the BID levy. Businesses residing in premises with a rateable value of less than £5000 are fully exempt from paying the mandatory BID levy, although many support the BID in other ways.
Business Improvement Districts
What are BIDs?
A Business Improvement District (BID) is a business-led partnership which allows local businesses the power to decide what improvements they want to make in their city centre. Helping accelerate regeneration by providing services, projects and solutions that fall outside the public sector remit.
BIDs are funded through a levy between 1% and 2% of business rates. In Chichester, each business pays a levy of 1.25% of the rateable value of the premises they occupy.