We are now collecting responses for the 2017 survey. Your BID should have received the survey from British BIDs. BID managers now have from 19th May 2017 – 17th June 2017 to respond to the survey. Please respond to the survey here.
The National BID Survey allows the BID industry to present itself as strongly as possible to major stakeholders. The research plays an important part in understanding the current BID landscape and gives us all an opportunity to gain an insight into how BID models are evolving and developing across the UK.
Both Central and Local government have a keen interest in BIDs, and the emerging role ofLocal Economic Partnerships (LEP’s) and Executive Mayors has led to some new questions this year – on relationships with both LEP’s, and with Local Authorities. At the same time, many are still very keen to have the global figures on the amounts BIDs invest in local economies through their levy and other spending.
As you know the Department of Communities and Local Government review of BIDs is still outstanding, and although it is lower on their list of priorities than the potential property owner bids, they are still interested in your feedback.
The National BID survey continues to allow chief executives of BIDs to benchmark themselves against their peers and colleagues; it allows Boards of BIDs to both benchmark and identify key performance indicators for their BIDs; it allows levy payers and members of BIDs to ensure that they are getting all the services that they should, and it allows new developing BIDs to design their services and operations in the most effective fashion.
Findings from the 2016 survey…
The NBS has analysed 216 BIDs this year, making this the highest data capture of BIDs the NBS has ever seen. We hope you enjoy this year’s new style report.
We have created a useful infographic for you which covers a snapshot of facts detailed in the NBS.
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.We are now gathering data for the release of the 2017.
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.
Thank you all who responded to the Nationwide BID Survey 2016. We very much appreciate your assistance in gathering this data.
Please view our other previous surveys below.