Colmore Business District is a business improvement district (BID) established to project manage improvements and services to the business quarter of Birmingham. A BID is a defined geographical area within which local businesses collaborate to invest in projects, services and initiatives which improve the environment in which they work. Colmore BID is principally financed through a 1% levy on the rateable value paid by a business. The BID company is a not-for profit and democratically elected company. Colmore BID’s first term ran from 1st April 2009 to 31st March 2014. The BID secured a resounding Yes vote in its renewal ballot for a second five-year term from April 2014. Those in favour made up 94% of the turnout by number and 96% of the aggregate rateable value represented by those voting. The turnout was 61%, one of the highest for a BID renewal ballot in the country. The BID’s second term commenced on 1st April 2014 and will run to 31st March 2019.
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Colmore BID has a board of non-executive directors made up of representatives from across the District, which reflect the composition of business types and sectors in the area. The Colmore BID also has stakeholder directors from Birmingham City Council, West Midlands Police and Centro. Gary Cardin is the current Chair of the Colmore Business District Board. Rob Valentine is the Vice Chair. All of our Directors sit on our Working Groups, giving strategic direction to our work. To find out more about each director, click on their photo below.