We are pleased to present the annual National BID Criteria for renewing and developing BIDs, produced by BIDs, Local Authorities and national levy payers.
There is now over 10 years’ experience of BID ballots, in which time the industry has evolved and matured. Most business occupiers are prepared to consider well researched and fully justified BID Proposals within the majority of locations, but support at ballot cannot be automatically relied upon.
This new version of the National BID Criteria replaces previous editions and makes it easier again for those developing business plans to understand the minimum expectation of voters. Click here to view the criteria.
The most recent National BID Survey suggested the emergence of differing sorts of BIDs, both regionally and by type. As BIDs become more differentiated, some are moving from the original retail driven ‘crime and grime’ models to more strategic inward investment bodies. Even the smaller BIDs are becoming key players in their local business communities, mediating between Local Authorities, national businesses and the independent operators. At the same time BIDs are becoming more responsive to their professional levy payers, such as legal and financial services, estate agents, web designers and internet companies, who are becoming increasingly important players in town and city centres. And of course, there is always the occasional BID failure at either the development or ballot stage
We hope that you find these guidelines helpful.
Get the most out of the revised National BID Criteria
‘Developing and renewing a BID’ training courses in 2018
What is the course?
This course is designed around the revised BID Industry Criteria and Guidance and explains step by step what you must do, by when you need to do it, and how to maximise your chances of a successful ballot outcome.
Why you should attend the course?
The course will provide you with lots of useful tips and advice on:
- A step-by-step guide and timeline to plan and execute a successful ballot, be it for a first term or a renewal.
- Insight on engaging with Head Office voters.
- Technical advice and support on all of the legal milestones in the ballot process.
For details on how we can help ensure that your BID fits the criteria, please contact us here.