About

The InStreatham BID

InStreatham is a Business Improvement District (BID). BIDs are an influential, independent voice representing the interests of businesses.  

Businesses within a defined BID area vote in a ballot where they agree to pay an additional levy on top of their business rates to fund projects which promote the BID area and contribute to business benefits and support. The levy paid per business is based on a small percentage of their rateable value.

BIDs are business-led and business-funded not-for-profit organisations with no shareholders and no capital. They provide a wide range of additional services to BID members but do not replace existing council-funded services.

These extra benefits are aimed at vastly improving the quality of the area for the businesses, visitors and employees within it as well as improving attractiveness to new investors. Services are paid for and directed by the businesses within the designated area.

InStreatham provides a strong collective voice for approximately 500 businesses in Streatham and supports projects that invest in the development and promotion of the BID area and businesses.

BID Boundary Map
The-Dip

We Collect & We Invest. 

Every five years businesses in the BID area vote for the continuation of the BID. If they vote yes, any occupiers within the BID become members for the duration of the next five year term. . 

InStreatham is funded through a levy paid by local businesses which generates an income of more than £1.25 million over its five-year lifespan which is invested back into Streatham.

 

The next ballot will be in February 2028.

2013
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inStreatham BID was born with 80% of YES votes and 85% vote in rateable value.
2018
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A successful ballot with 83% YES votes and 95% in rateable value.
2023
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A successful ballot with 80% YES votes and 87% in rateable value.

Discover more about InStreatham on the PDF below

Download Business Plan 2023/28