Business Improvement Districts (BIDs)

Business improvement districts (BIDs) let businesses in that area develop local improvement plans. Eligible businesses vote in a BID ballot to decide if they want to set up a BID. BIDs are funded by a levy from businesses in the area. 

We have 5 BID areas:

• Better Bankside
• Blue Bermondsey BID
• Southbank BID
• Team London Bridge
• We Are Waterloo

BIDs can help promote:

• physical improvements, such as lighting, graffiti removal, greening and cleaning projects
• extra security measures for streets and businesses, such as warden schemes
• improving open spaces for employees and visitors
• marketing promotions through increased local networking and business-to-business opportunities
• public events and expansion of tourism
• improving staff retention and recruitment
• increasing access through improved transport and parking arrangements

These services and improvements are in addition to the services we provide. The focus of each BID is decided by the businesses within their area.

Find out more on the British BIDs website.