Groundwork South has been appointed to the lead in the formation of a new Business Improvement District (BID) in Marlow Bucks.
Starting in January 2015 and working in partnership with 51 the businesses on this Park, Groundwork will bring its expertise to help overcome the problems they face including:
Groundwork adds value to this project by acting as an independent facilitator, supporting all the businesses in achieving their common goals. To help achieve this, the BID project seeks to raise £766,250 over the next five years from the businesses on the Park, Wycombe District Council and from grants.
Each business, with a rateable value above £10,000, contributes an additional 1.25% of their rateable value towards the funding of the BID project. This generates £118,250 a year for the next five years.