The BID district includes 340 businesses within the boundary of the High Street, Church Street, Common Hill, Elm Grove and Gold Street. Within this area there are 278 BID levy-paying businesses.
As outlined in the Business Plan, the Saffron Walden BID is funded by a levy on each business’s property to be paid annually, this started in September 2018.
The levy is collected by UDC on behalf of the BID company, and raises about £90k each year. It will be spent exclusively to deliver the projects identified by BID Businesses and managed by the BID Board. The BID will seek to attract additional funding through sponsorship and grants.