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About Vauxhall One
Vauxhall One Business Improvement District (BID)
What kind of organisation is it?
- It is a non-profit organisation owned and led by local businesses in Vauxhall. The area in which it operates is shown in the map here.
- Following the successful ballot of businesses in the target area in February 2012, the BID exists for up to five years before a further ballot is needed.
- The BID is funded by a small ‘levy’ on Vauxhall businesses based on the rateable value of their property. This raises more than £4m in the five-year term – money that is used to attract further funding from other sources.
- Its services are extra to those provided by the Council, the Police and other providers.