The Fremantle BID's mission is to work together with local businesses and other agencies for a creative and vibrant city. To achieve this the BID works to a five year business plan following key priority areas.What is a Business Improvement District?Business Improvement Districts (BID) are not-for-profit companies that promote the shared interests of commercial property owners and businesses located within specified geographic areas. Established by local government BID's are funded through a special city centre differential rate that is collected by the local government and passed on entirely to the BID. These funds support programs such as marketing & promotion, street enhancement, safety & security, events & festivals and business development. The Fremantle BID Company is independently managed by a Board of Directors, with autonomy for decision-making and priority-setting.The Fremantle BID area is made up of approximately 600 businesses with the boundaries being Parry Street to South Terrace south to King Street and north to Victoria Quay. Within these boundaries are five business areas: Victoria Quay, Fishing Boat Harbour, West End, City Central and the Cappuccino Strip. Fremantle BID is made up of a diverse range of dining, retail, entertainment and professional service businesses. Fremantle is internationally known as a festival city and is a favourite place to visit for tourists and locals alike.Fremantle is rich in maritime and penal history and boasts a world class maritime museum and West Australia's oldest building "the Roundhouse" which was originally a jail.Visitors to Fremantle enjoy the Victorian architecture of beautifully restored heritage buildings, the local markets and interesting shops and an abundance of cafes and restaurants.