A BID is a defined geographical area and within it, businesses opt (via a vote) to pay an additional amount to provide services in that area that they, as a group of businesses want to have. A BID company has a maximum of five years before it has to ask businesses if they want the BID to continue.
Businesses voted with a firm yes for the Hemel Hempstead BID to to act on their behalf. Businesses expressed a strong desire to work together to ensure that the town centre can make the most of its potential and remain ahead of the competition.
The appointed BID Manager works under a Board of Directors and works closely with an Advisory Board.