Download the 2016 Nationwide BID Survey now
New to the release of the NBS, we have created a useful infographic for you which covers a snapshot of facts detailed in the NBS.
We will be exclusively emailing a presentation to subscribers shortly to present to their key findings from the NBS to their BID boards.
Business Improvement Districts are now a major part of our towns and cities, allowing businesses to work together to deal with the major issues of supporting customers and clients, staff and business partners in innovative fashions. They exist around the world, and since their inception in the UK in 2005 they have grown apace, as the needs of business and commerce become more pressurised.
The latest survey of 216 business improvement districts in Great Britain and Ireland shows a continuing vibrant growth and a widening of their strategies. At the start in 2005 the focus was quite naturally on ‘crime and grime’; a decade later such key activities as security, marketing, place management and street scene enhancement are now fully embedded. The demands of neighbourhood plans, additionality, business continuity and capital infrastructure are now starting to require a major involvement by BIDs.
The survey this year comprised an on-line survey, personal contact by telephone, detailed research on website and business plans and access to the British Bids Ballot watch data. This is the tenth year of the National Survey, and British BIDs is exploring how this ten year data set can best be made use of to track an increasingly important set of information in a small but increasingly vital business activity.
31 new BIDs came into being during the year, and 40 were successfully balloted on their renewal; at the same time 33 new BIDs are being developed. Clearly a story of success and business need.
Currently 78,549 individual business premises are members of a BID and between them they contribute £75,579,270 as direct levy investment into their communities, they leverage a further £13,586,025 contribution; they are involved in £20,376,357 of inward investment, and they stimulate £2,594,858 in-kind support. This total figure of £112,136,510 is a serious investment by business into the nation’s economy, ensuring that our city and town centres remain as vibrant as possible.
From the current data 27 BIDs are involved in Neighbourhood plans under the new legislation, and this will become a major issue for many BIDs . On the issue of transferring services from local authorities, 10 BIDs have already taken on a range of services and a further 23 are looking at taking on services. A few BIDs are now getting closely involved in major capital place making projects in their communities.
It is clear that there is both an increasing need for BIDs and that the work of BIDs will continue to be exciting and challenging.
We hope that you enjoy this year’s new-style report.
Thank you all who responded to the Nationwide BID Survey. We very much appreciate your assistance in gathering this data.
Please view our previous surveys below.