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Julie Grail. The Experience of Business Improvement Districts in the UK
1. City Centres & Business Districts
The Experience of Business Improvement Districts in the UK
Dr Julie Grail
Chief Executive, British BIDs
www.britishbids.info
2. Background to Place Management
• Culture of partnership in the UK since late
1980s
• Track record of delivery but pressures on the
‘traditional’ service delivery and uncertain
funding
• Evolution to sustainable funding model in 2004
- BIDs
www.britishbids.info
3. Introduction of BIDs
• Business Improvement Districts (BIDs) are
business-led organisations focused on
managing and enhancing commercial areas
• In their seventh year of operation in the UK
• Now 124 BIDs in the UK
www.britishbids.info
4. Setting up a BID
• A BID can only be formed following
consultation and a ballot in which businesses
vote on a business plan for the area
• All businesses eligible to pay the levy are
balloted
• Dual key vote – numbers and value majorities
• Once established the levy is mandatory
www.britishbids.info
5. Safeguards
• The business plan becomes
legally binding and becomes the framework
within which the BID will operate
• An Operating Agreement for levy collection
administration
• Baseline agreements to ensure that any
services the BID provides are truly additional
www.britishbids.info
6. Funding of BIDs
• A BID is funded through a BID levy, which is a
small percentage of a businesses’ rateable
value (the occupier of premises in the UK)
• The majority of BIDs charge 1% of rateable
value (relatively small sums per business)
• Additional income levered in from other
sources
www.britishbids.info
7. Governance & Management
• Generally run as not-for-profit companies
• Governed by a board of directors made up of
BID levy payers representing the BID area
• Management teams vary in size but will
generally encompass management and
administration, operations and project
delivery, and communications and marketing
www.britishbids.info
8. Scale of BIDs in the UK
• The average size of a BID is 300-400 businesses
• Smallest has 17
• Largest has 2,700
• Income is typically £200,000-£600,000 pa
• Smallest £40,000 pa
• Largest £2.4 million pa
www.britishbids.info
9. Current Scale of the Industry
• Number of businesses in BIDs in the UK
c. 60,000
• Total annual levy income in BID areas in the UK
c. £69m
• Total annual investment in BID areas in the UK
c. £168m pa.
www.britishbids.info
10. Hierarchy of BID Activity
Innovation
Collective Action
Marketing & Promotion
Safe & Secure
Clean & Green
www.britishbids.info
11. Scope of BIDs – Case Studies
• Camden Town Unlimited – Pop-up shops
• InMidtown – Zero to Landfill
• New West End Company – Smash & Grab
www.britishbids.info
12. New West End Company
Smash & Grab - Multi-agency Crime Intelligence Partnership
www.britishbids.info
13. New West End Company
Smash & Grab - Multi-agency Crime Reduction
Facts & Figures
Between 2005 and 2008, 224 smash & grab raids
Cost to retailers £4m
Police arrests but minimal judicial redress
2009 high level summit to promote dialogue
Multi-agency approach established
61% reduction in incidents
61 arrests and 46 convictions
Average sentences increased
Positive reaction from press and retailers
www.britishbids.info
15. Camden Town Unlimited
Pop-up Shops – Entrepreneurial Place-making
Facts & Figures
In 2009, 1 of top 3 vacancy rates in London
Approached the agents of 17 vacant units
Rent free 3 month leases secured on 3 units
Identity created with Conran Design Group
23 unique exhibitions/retail experiences
40 new introductions/collaborations with local businesses
Generated significant media and industry attention
www.britishbids.info
17. Inmidtown
Zero Waste to Landfill – Waste Management & Carbon Saving
Facts & Figures
Started in 2008 with a free business recycling scheme
Collections managed through one electric vehicle
In 2010 started zero waste to landfill initiative
To reduce a business’ carbon footprint by 10% in 5 years
Joined-up waste service for businesses
In first three months, 210 businesses
Estimated combined business saving of £350,000
70 tonnes of material recycled each month
90% of office waste collected free of charge
www.britishbids.info
18. The Future of BIDs
• BIDs have money and mandate
• Real impact and innovation evidenced
Now enhancing through -
• Operating efficiencies
• Bold leadership
www.britishbids.info
Where cuts emerge BIDs will be well placed to assist in identifying efficiency savings and more effective delivery methods BIDs may opt to take on delivery of public services in some cases Concern over a potential over-reliance on BIDs to ‘pick up the pieces’ But if baseline agreements prove their worth these will act as a safeguard
Where cuts emerge BIDs will be well placed to assist in identifying efficiency savings and more effective delivery methods BIDs may opt to take on delivery of public services in some cases Concern over a potential over-reliance on BIDs to ‘pick up the pieces’ But if baseline agreements prove their worth these will act as a safeguard
Where cuts emerge BIDs will be well placed to assist in identifying efficiency savings and more effective delivery methods BIDs may opt to take on delivery of public services in some cases Concern over a potential over-reliance on BIDs to ‘pick up the pieces’ But if baseline agreements prove their worth these will act as a safeguard
Where cuts emerge BIDs will be well placed to assist in identifying efficiency savings and more effective delivery methods BIDs may opt to take on delivery of public services in some cases Concern over a potential over-reliance on BIDs to ‘pick up the pieces’ But if baseline agreements prove their worth these will act as a safeguard
Where cuts emerge BIDs will be well placed to assist in identifying efficiency savings and more effective delivery methods BIDs may opt to take on delivery of public services in some cases Concern over a potential over-reliance on BIDs to ‘pick up the pieces’ But if baseline agreements prove their worth these will act as a safeguard
Where cuts emerge BIDs will be well placed to assist in identifying efficiency savings and more effective delivery methods BIDs may opt to take on delivery of public services in some cases Concern over a potential over-reliance on BIDs to ‘pick up the pieces’ But if baseline agreements prove their worth these will act as a safeguard
Where cuts emerge BIDs will be well placed to assist in identifying efficiency savings and more effective delivery methods BIDs may opt to take on delivery of public services in some cases Concern over a potential over-reliance on BIDs to ‘pick up the pieces’ But if baseline agreements prove their worth these will act as a safeguard
Where cuts emerge BIDs will be well placed to assist in identifying efficiency savings and more effective delivery methods BIDs may opt to take on delivery of public services in some cases Concern over a potential over-reliance on BIDs to ‘pick up the pieces’ But if baseline agreements prove their worth these will act as a safeguard
BIDs are likely to be right at the heart of the new localism agenda They will have money and mandate when many around them are losing theirs They have shown real impact and innovation to date and are continuing to do so Operating efficiencies will be required though to ensure BIDs remain efficient and fit for purpose vehicles Bold leadership is required to optimise their potential