Businesses from across the southern and western business districts have come together to create a representative body of people to develop this project. Called, ‘Bracknell Investment Group’ it represents businesses from all business sectors, sizes and types and it has appointed BID specialists, Partnerships for Better Business Ltd (pfbb UK), to help test the feasibility of a BID and potentially develop a BID in this area.
It is essential that the businesses in the area determine the activities and objectives of the BID Business Plan. A series of business interviews, workshops, surveys and other research will be carried out to determine what improvements businesses in Bracknell would like to make.
Using all the input from the businesses across the area, and working with the Bracknell Investment Group, pfbb UK will develop a business plan and lead local representatives and the local authority through the legal requirements to create the framework for the BID.
Improvements are made if the majority of ratepayers in a designated area approve them through a vote. This enables businesses to have a direct role in deciding what improvements should be made in their area. After five years, the businesses will vote again on whether they want the BID to continue