What is a BID?

The Wolverhampton Business Improvement District (BID) is a defined area where businesses decide to make a collective contribution to actively deliver improvements to their area.

The Wolverhampton BID is a local, private sector-led organisation whose role is purely to deliver the improvements that businesses in a defined area. Across the UK BIDs have invested in their areas, delivered physical improvements to towns and cities, increased footfall by promotions, marketing and events, reduced business costs through collectively procuring trade waste collections.

Wolverhampton BID Area

Frequently Asked Questions

How much will it cost?

On average

Rateable ValueMaximum AnnualMaximum Daily Equivalent
Rateable Value:
£10,000 - £24,999
Maximum Annual:
£150
Maximum Daily Equivalent:
41p
Rateable Value:
£25,000 - £49,999
Maximum Annual:
£350
Maximum Daily Equivalent:
96p
Rateable Value:
£50,000 – £74,999
Maximum Annual:
£750
Maximum Daily Equivalent:
£2.05
Rateable Value:
£75,000 – £99,000
Maximum Annual:
£1,500
Maximum Daily Equivalent:
£4.11
Rateable Value:
£100,000 – £199,000
Maximum Annual:
£3,000
Maximum Daily Equivalent:
£8.22
Rateable Value:
£200,000 – £299,000
Maximum Annual:
£4,000
Maximum Daily Equivalent:
£10.96
Rateable Value:
£300,000 – £749,999
Maximum Annual:
£5,000
Maximum Daily Equivalent:
£13.96
Rateable Value:
£750,000 – £1,000,000
Maximum Annual:
£10,000
Maximum Daily Equivalent:
£27.40
Rateable Value:
Over £1,000,000
Maximum Annual:
£15,000
Maximum Daily Equivalent:
£41.09

Wolverhampton aerial cityscape