The
Fitzrovia
Partnership
is a
Business
Improvement
District
representing more than 250 businesses
in Fitzrovia.
The Fitzrovia Partnership is a Business Improvement District representing more than 250 businesses in Fitzrovia.
Through partnership and engagement we help to create and enhance an economically vibrant destination, offering tangible and collective benefits to business and those that work, live and visit Fitzrovia. Since our establishment in 2012 we have invested over £10m of BID levy directly into the area to support the themes and shared priorities of our members. Over that period we have matured in our influence and ability to affect positive change, delivering tangible results and return on investment.
Business Improvement Districts are not-for-profit partnerships where businesses in a defined area have voted to invest together to improve the environment of their local neighbourhood. A BID is established through a democratic ballot process. The services provided are additional to those delivered by the statutory authorities.
There are over 300 BIDs in the UK investing a total annual BID levy of over £110m. These BIDs leverage a further £175m when including funding raised from economic partnerships and commercial activity.
The Fitzrovia Partnership provides the business community with a collective voice and the ability to influence and shape the future. It acts as a catalyst to attract public and private investment for projects that enhance the neighbourhood and helps to secure funding for the delivery of services which add value to Fitzrovia and its business community.
The BID embraces a number of representative sector groups – Retail, Leisure, Office, Hospitality, Community, Property – within its governance structure all of which contribute to The Partnership’s overall decision making.