I support the Business Improvement
District initiative because I believe it
will improve economic performance of
our local...
WHAT IS
A BID?
A BID IS A BUSINESS-LED
AND BUSINESS-FUNDED COMPANY,
FORMED TO IMPROVE THE
ECONOMIC PERFORMANCE OF
A DEFINE...
WHY
A BID?
ch1chesterbid.co.uk
• Improve our economic performance
• Response to business opinion
• Collaboration of intellect, knowle...
UK TOWNS
AND CITIES
HAVE BIDs.
170
BUSINESSES
CONTRIBUTE
TO BID LEVY.
55,000
PRIVATE SECTOR
INVESTMENT
RAISED
THROUGH
BIDs.
£91m
BID funding
reinvested
directly and
exclusively into
City Centre.
HOW DOES
A BID WORK?
ch1chesterbid.co.uk
• BID ballot
• BID levy
• BID levy set at one of the lowest in the UK
• Nil charge for businesses RV <...
WHAT WILL A
BID DELIVER
FOR US?
ch1chesterbid.co.uk
• Single Independent Private Sector Company
• Delivering dedicated marketing campaigns
• Adding new an...
WHO IS
SUPPORTING
THE BID?
ch1chesterbid.co.uk
WHO IS SUPPORTING THE BID?
WHAT
HAPPENS
NEXT?
ch1chesterbid.co.uk
WHAT HAPPENS NEXT?
PHASE 1 Funding
PHASE 2 BID Board, Team and CCM
PHASE 3 Commercial initiatives
PHAS...
OUR CITY
OUR FUTURE
JUNE 2014
VOTE YES
SUPPORT THE BID
CH1ChesterBID.co.uk
Chester Development Update: Paul Daniels and Tim Kenney, CH1 Chester BID Company
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Chester Development Update: Paul Daniels and Tim Kenney, CH1 Chester BID Company

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CH1 Chester BID Company board members outline th case of Business Improvement District in Chester city centre

Published in: Real Estate, Business, Travel
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Chester Development Update: Paul Daniels and Tim Kenney, CH1 Chester BID Company

  1. 1. I support the Business Improvement District initiative because I believe it will improve economic performance of our local marketplace and help local businesses maximise their potential. Paul Daniels CH1 Chester BID Board Chairman ch1chesterbid.co.uk
  2. 2. WHAT IS A BID? A BID IS A BUSINESS-LED AND BUSINESS-FUNDED COMPANY, FORMED TO IMPROVE THE ECONOMIC PERFORMANCE OF A DEFINED COMMERCIAL AREA.
  3. 3. WHY A BID?
  4. 4. ch1chesterbid.co.uk • Improve our economic performance • Response to business opinion • Collaboration of intellect, knowledge and resources • Business model that delivers sustainable growth WHY A BID? • Reverse the current decline from it’s current position of 59th
  5. 5. UK TOWNS AND CITIES HAVE BIDs. 170
  6. 6. BUSINESSES CONTRIBUTE TO BID LEVY. 55,000
  7. 7. PRIVATE SECTOR INVESTMENT RAISED THROUGH BIDs. £91m
  8. 8. BID funding reinvested directly and exclusively into City Centre.
  9. 9. HOW DOES A BID WORK?
  10. 10. ch1chesterbid.co.uk • BID ballot • BID levy • BID levy set at one of the lowest in the UK • Nil charge for businesses RV < 18,000 • BID levy will generate > £2.5m over 5 years • BID levy does not replace CWaC statutory services • Investment decisions are made by businesses in BID area. HOW DOES A BID WORK?
  11. 11. WHAT WILL A BID DELIVER FOR US?
  12. 12. ch1chesterbid.co.uk • Single Independent Private Sector Company • Delivering dedicated marketing campaigns • Adding new and quality events to our calendar • Making our city centre cleaner and safer • Delivering a greener and more attractive city centre • Delivering real cost savings for businesses • Increasing footfall, average spend and profitability WHAT WILL A BID DELIVER FOR US?
  13. 13. WHO IS SUPPORTING THE BID?
  14. 14. ch1chesterbid.co.uk WHO IS SUPPORTING THE BID?
  15. 15. WHAT HAPPENS NEXT?
  16. 16. ch1chesterbid.co.uk WHAT HAPPENS NEXT? PHASE 1 Funding PHASE 2 BID Board, Team and CCM PHASE 3 Commercial initiatives PHASE 4 Communication: events, website, social media PHASE 5 BID ballot PHASE 6 Deliver business plan    
  17. 17. OUR CITY OUR FUTURE
  18. 18. JUNE 2014 VOTE YES
  19. 19. SUPPORT THE BID CH1ChesterBID.co.uk
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