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What is a BID?

What is a BID?

A Business Improvement District (BID) is a defined geographical area. There are currently around 200 BIDS in the UK. HullBID covers the nucleus of the city centre and represents over 780 businesses, spread across 1,174 commercial properties.

Our BID members are diverse and include those from the private, public and voluntary sectors.

BIDs are generally not-for-profit; they do not replace or subsidise existing public bodies and services, but enhance them. Baseline service level agreements are set and a BID provides specific improvements over and above these services.

Since HullBID was established in 2006, it has worked to a business agenda and delivered significant improvements, particularly in terms of safety and cleanliness. HullBID has also organised and promoted events and activities to attract more people into the city centre and generate more trade.

We exist to help businesses in the city to sustainably grow and progress. We organise our activity around four strategic aims, representing the important role we play in the development, regeneration and prosperity of Hull city centre.