ABOUT THE
Business Improvement Districts (BIDs) are an opportunity for businesses to coordinate investment in their area in a way that improves it as a place to do business. BIDs are business-led and business-funded, not-for-profit organisations working in a defined area, set up by a ballot of businesses.
There are currently more than 300 BIDs operating across the UK, including in Colchester, Cambridge and Norwich, some of which have been around with support from local businesses for over 10 years. BIDs create significant sums of investment across the UK and put it in the hands of locally situated businesses. BIDs’ strong governance structure and income stream also make it easier to attract external and match funding.
Since 2018, Chelmsford BID being one of the largest operating BIDs in the region has delivered a diverse, comprehensive and very successful programme of projects and events across the city. Having received a second ‘Yes’ vote in 2022, we have secured another five year term with ambitious plans that are spread across three key areas.
WHAT ARE THE BENEFITS?
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🏗️ BUILD
An opportunity for businesses to make decisions about improvements in their area
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📣 A VOICE
Giving businesses a strong voice in discussions about the future of their city
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⚡ ACTION
A robust vehicle for implementing projects
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💰 FUNDING
5-year funding stream and staff resourcing for projects that businesses want to run
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🤝 TRUST
Transparent operations and the opportunity to get involved further in a BID mean that you can be sure about where your money is being spent
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📈 GROWTH
Strong governance helps to attract external funding in addition to the funding raised through the BID levy
CHELMSFORD FOCUS AREAS
MEET THE TEAM
MEET OUR BOARD MEMBERS
GOVERNANCE
Chelmsford Business Improvement District is fully compliant with the Industry Standards of The BID Foundation to ensure transparency, accountability, best practice, and quality in the services provided.
the BID meet on a fortnightly to discusss current matter and forward planning.
RESOURCES
Chelmsford For You BID provides a range of useful resources for businesses and visitors, including the latest newsletters, the BID Business Plan, city centre footfall statistics, and updates on what’s happening in Chelmsford through events, campaigns, and local initiatives.
The BID also supports city centre safety through the Business Crime Reduction Partnership (BCRP) and our After Hours page section works with partners including Purple Flag, Chelmsford City Council, Essex County Council, Essex Police, local venues, and businesses to help manage Chelmsford’s vibrancy, safety, and nightlife economy.
INVEST IN CHELMSFORD
Chelmsford is superbly situated in the heart of Essex (only 35 miles and 28 minutes from London) and is one of the fastest growing centres for commerce in the east of England. The city has a highly skilled workforce, competitive costs and an enviable quality of life. These factors help make Chelmsford an excellent place to locate your business.