A 2% levy raises approximately £550,000 per year for the five-year life of the BID. As Bayswater's business community grows, this amount will also grow too.

To achieve all the activities, we calculate that the majority of Bayswater businesses will only pay typically £4 per week each.

In addition, the BID Board will aim to increase the budget by at least half as much again, through grants and other sources, potentially making over £825,000 per year available in Bayswater. Other successful BIDs such as London Bridge, Paddington and The New West End Company have achieved this much and more.