The Worshipful the Mayor of the Royal Borough of Kensington and Chelsea, Councillor Mrs. Elizabeth Rutherford and Capco generously sponsored a BID seminar presentation in the Council chamber followed by networking in the Mayor’s Parlour.
The very interesting and informative seminar was presented by
· Nabeel Khan (GLA)
· Ruth Dutson (Primera)
· Patricia Bench (CEO Hammersmith BID)
A business improvement district (BID) is a defined area within which businesses are required to pay an additional tax (or levy) in order to fund projects within the district's boundaries. The BID is often funded primarily through the levy but can also draw on other public and private funding streams.