Ministry of Housing, Community and Local Government BID Loan Fund


Last week British BIDs and the MHCLG signed a further two year contract for British BIDs to manage the BID Loan Fund. Clearly British BIDs is excited to be able to continue our support to those towns and cities that see a BID as the answer to their futures, and want to join the over 300 that already exist.

The fund of some £500,000 has been made available to facilitate the establishment and successful growth of new BIDs within England. Upon application and, subject to approval, loans of between £10,000 and £50,000 can be granted to developing BIDs and BID partnerships. 29 have so far been allocated.

If you are interested in setting up a BID and are looking at how the initial development will be funded then the BID Loan Fund might be for you. On successful ballot, the loan will be repayable to the Government Loan Fund, with interest, on a pre-agreed renewal payment plan. 

This will enable the money to go straight back into assisting other locations in setting up a BID. Click here to read the latest Loan Fund Guidance notes. British BIDs has also developed a similar Local Authority Loan Fund toolkit, contact us for more information about this. 

Latest Articles

Webinar with high street expert Bill Grimsey

POSTED ON: 17/10/2018

Ruth Duston joins British BIDs Advisory Board

POSTED ON: 17/10/2018

Towns Fund – updated guidance

POSTED ON: 17/10/2018

Look back on lockdown - BIDs

POSTED ON: 17/10/2018

June's Insight from Chris Turner

POSTED ON: 17/10/2018

From BBC news, to virtual meetings & training, we reflect on the past 3 months

POSTED ON: 17/10/2018

BBC News Channel - Professor Christopher Turner

POSTED ON: 17/10/2018

Industrial and Business Park BIDs share good practice with virtual networking sessions

POSTED ON: 17/10/2018

New research on BIDs and the 'new normal'

POSTED ON: 17/10/2018

Important announcement: MHCLG BID Loan Fund

POSTED ON: 17/10/2018

Ed Cooke joins British BIDs Advisory Board

POSTED ON: 17/10/2018

THAT WAS THE BB WEEK THAT WAS #9 (W/C 18TH MAY)

POSTED ON: 17/10/2018

THAT WAS THE BB WEEK THAT WAS #8 (W/C 11TH MAY)

POSTED ON: 17/10/2018

3R Toolkit; Driving recovery in your place

POSTED ON: 17/10/2018

THAT WAS THE BB WEEK THAT WAS #7 (W/C 4TH MAY)

POSTED ON: 17/10/2018

BIDs Advisory Board welcome Resilience Fund

POSTED ON: 17/10/2018

THAT WAS THE BB WEEK THAT WAS #6 (W/C 27TH APRIL)

POSTED ON: 17/10/2018

British BIDs announces new research into the recovery of BIDs and urban centres in the ‘new normal’

POSTED ON: 17/10/2018

British BIDs Announces BIDs Resilience Fund

POSTED ON: 17/10/2018

Government lobbying for BID levy relief during COVID-19

POSTED ON: 17/10/2018

THAT WAS THE BB WEEK THAT WAS #5 (W/C 20TH APRIL)

POSTED ON: 17/10/2018

New measures to protect UK high street from aggressive rent collection and closure

POSTED ON: 17/10/2018

British BIDs expands Ballot Buddy portfolio

POSTED ON: 17/10/2018

Sidcup BID achieve British BIDs Accreditation

POSTED ON: 17/10/2018

Government Survey - your help needed by 22nd April

POSTED ON: 17/10/2018

That Was The Bb Week That Was #4 (W/C 13th april)

POSTED ON: 17/10/2018

April's Insight from Chris Turner

POSTED ON: 17/10/2018

COVID-19 - Job Retention Scheme Update

POSTED ON: 17/10/2018

That Was The Bb Week That Was #3 (W/C 6th April)

POSTED ON: 17/10/2018

That Was The Bb Week That Was #2 (W/C 30th March)

POSTED ON: 17/10/2018

British BIDs' Ballot Buddy helps secure a 'yes' vote for West Bromwich BID

POSTED ON: 17/10/2018

The Coronavirus Act 2020 and what it means for BIDs

POSTED ON: 17/10/2018

That Was The Bb Week That Was #1 (w/c 23rd March)

POSTED ON: 17/10/2018

BID levy payments and COVID-19

POSTED ON: 17/10/2018

New Q&A sessions announced

POSTED ON: 17/10/2018

Communications support for BIDs

POSTED ON: 17/10/2018

British BIDs Guidance - Q&A

POSTED ON: 17/10/2018

Business Improvement Districts and their Coronavirus Response

POSTED ON: 17/10/2018

March's Insight from Chris Turner

POSTED ON: 17/10/2018

Join our live Q&A session this Friday

POSTED ON: 17/10/2018

COVID-19: An update for Business Improvement Districts (BIDs)

POSTED ON: 17/10/2018

British BIDs' response to the Chancellor's Budget

POSTED ON: 17/10/2018

British BIDs launches new Advisory Board

POSTED ON: 17/10/2018

Sunak urged to reform rates that ‘hammer’ local retailers

POSTED ON: 17/10/2018

February's Insight from Chris Turner

POSTED ON: 17/10/2018

British BIDs partners with Welsh Government

POSTED ON: 17/10/2018

Business Rates - a representation to the Chancellor for the 2020 Budget

POSTED ON: 17/10/2018

New year, new Christmas

POSTED ON: 17/10/2018

January's BID Insight from Chris Turner

POSTED ON: 17/10/2018

Celebrate our 10th birthday with us

POSTED ON: 17/10/2018

British BIDs support Plymouth City Centre BID at renewal campaign launch

POSTED ON: 17/10/2018

December's BID Insight from Chris Turner

POSTED ON: 17/10/2018

November's BID Insight from Chris Turner

POSTED ON: 17/10/2018

Digital Lego Trail successful boost to the City Centre

POSTED ON: 17/10/2018

Can your BID assist school/college leavers in their area to obtain employment locally?

POSTED ON: 17/10/2018

October's BID Insight from Chris Turner

POSTED ON: 17/10/2018

September's BID Insight from Chris Turner

POSTED ON: 17/10/2018

August's BID Insight from Chris Turner

POSTED ON: 17/10/2018

July's BID Insight from Chris Turner

POSTED ON: 17/10/2018

June's Insight from Professor Chris Turner

POSTED ON: 17/10/2018

British BIDs appointed to support West Bromwich BID for renewal ballot

POSTED ON: 17/10/2018

British BIDs appointed to support Sheffield BID with 2020 renewal ballot

POSTED ON: 17/10/2018

May's Insight from Professor Chris Turner

POSTED ON: 17/10/2018

April's Insight from Professor Chris Turner

POSTED ON: 17/10/2018

Debenhams Administration - Guidance for BIDs

POSTED ON: 17/10/2018

March's BID Insight from Chris Turner

POSTED ON: 17/10/2018

BID Loan Fund Workshops with the Ministry of Housing, Communities and Local Government (MHCLG)

POSTED ON: 17/10/2018

Housing, Communities and Local Government Committee - New Policy Issues

POSTED ON: 17/10/2018

Celebrating 25 Years in Christmas Lighting - Gala Lights

POSTED ON: 17/10/2018

February's BID Insight from Chris Turner

POSTED ON: 17/10/2018

InLinkUK - New to our Suppliers Portal

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - JANUARY

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - DECEMBER

POSTED ON: 17/10/2018

Thank you to our British BIDs members

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - NOVEMBER

POSTED ON: 17/10/2018

Autumn Budget 2018: Highlights for the BID industry

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - OCTOBER

POSTED ON: 17/10/2018

British BIDs appointed to support South Bank BID with 2019 renewal ballot

POSTED ON: 17/10/2018

Faster broadband underpins UK BIDs - Openreach

POSTED ON: 17/10/2018

National BIDs Conference by Ben Collins

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - SEPTEMBER

POSTED ON: 17/10/2018

Is slow broadband hindering your business and do you want to do something about it?

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - AUGUST

POSTED ON: 17/10/2018

Do Your BID’s Lights Need A Refresh?

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - JULY

POSTED ON: 17/10/2018

Applications for the 2018 Great British High Streets Awards are now open!

POSTED ON: 17/10/2018

Launch of the Second Grimsey review

POSTED ON: 17/10/2018

Launch of the Great British High Street Awards 2018

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - JUNE

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - MAY

POSTED ON: 17/10/2018

BUSINESS IMPROVEMENT DISTRICT INDUSTRY CELEBRATES 300 BIDS

POSTED ON: 17/10/2018

Check out our photos from the Professional Development Day

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - APRIL

POSTED ON: 17/10/2018

What you can discover on the new Bb website

POSTED ON: 17/10/2018

BID INSIGHT FROM CHRIS TURNER - MARCH

POSTED ON: 17/10/2018

ENTER THE NATIONAL BID AWARDS

POSTED ON: 17/10/2018