WHAT IS A BID?
A Business Improvement District (BID) is a not-for-profit collective of local businesses who have come together to help improve their immediate area. There are currently over 47 BIDs in London, each of whom create, develop and fund projects that benefit local business and the community.
BID projects are funded by a levy that businesses pay annually for a five year term. The amount billed is proportional to the size of the business premises. In Brixton the BID bill is 1.5% of the rateable value of the business, and only applies to premises with a rateable value of £5,000 or more.
The BID board is made up of managers and owners of local business who together agree on how best to spend the funds, giving every business the power to create greater change.
In addition, the BID acts as an intermediary between the council and the individual businesses in the area, providing a forum for businesses to develop stronger working partnerships.
WHAT ARE THE AIMS OF BRIXTON BID?
Brixton is one of the most vibrant places in the UK. We exist to protect Brixton’s diverse range of businesses. Famed for its independent stores, award winning market, thriving night time economy and mix of high street brands – Brixton is a dynamic place to do business.
The Brixton BID provides the opportunity for we; the businesses in Brixton, to decide and govern what’s best for the area.
We pledge to focus on three key issues:
- To strengthen business partnerships.
- To better market the area.
- To improve the local environment.
You can see the Brixton BID’s original proposal from the 2013 ballot campaign here.
Click here to see answers to FAQs about the Brixton BID.
We’ve created a forum for Brixton businesses to share skills and best practice, helping build closer working relationships. In addition to the levy income, we will seek additional funding from sources such as the Greater London Authority as well as inviting sponsorship for specific events or projects.
Over 70 employees of local business have received free training in a range of skills from first aid, food hygiene, customer service and health and safety. In addition to certified skills, these training courses – delivered by Lambeth College – create networking opportunities for all involved.
The BID works with Lambeth’s Business Crime Reduction Partnership (BCRP) to help local businesses tackle crime and anti-social behaviour and also facilitates a quarterly forum with Brixton’s night-time economy businesses.
FUTURE PARTNERSHIP PLANS
With support from Brixton BID, retail specialists Adornment Group are launching a support project for Brixton retailers. The project is designed to encourage and enable long-standing Brixton businesses to adapt and thrive in the changing retail market. The first phase of this project is funded by the Lambeth Cooperative fund, with the BID funding further phases if successful.
BETTER MARKETING OF BRIXTON
Brixton has been identified as one of Greater London’s major centres. We aim to market Brixton better, to both businesses and customers. This will help increase footfall and further establish Brixton as a hub for entertainment, commerce and culture, boosting the local economy.
We have partnered with local charity Brand Amplifier to deliver a series of free workshops enabling businesses to evolve their brand and online presence, with fantastic feedback.
During 2014 the BID supported events such as Brixton Splash, Brixton Design Week and the Opening of the Black Cultural Archives which all attract visitors to the area, promote local business on a wider scale and celebrate Brixton’s unique cultural and creative heritage.
FUTURE MARKETING PLANS
We’ll be working with local traders and web developers to create an online directory featuring all of Brixton’s businesses. This will give businesses a greater digital presence and provide a platform to showcase offers, sales and events. Any surplus income from advertising sales will be put back into developing the website and other projects that benefit Brixton.
Brixton is where we work, live and enjoy, so we’re keen to ensure the environment is kept clean and safe for everybody that uses it. We offer a variety of services and deliver projects to improve the physical and trading environment for local businesses.
Annual deep clean and more regular cleaning throughout the year.
Discounted recycling and waste collection service for Brixton businesses by signing up to our collective waste scheme. Those businesses who use our preferred supplier First Mile can save up to 40% or more on this core business cost. For more info call First Mile on 0800 612 9894 stating that you are a Brixton BID member.
Our collective buying scheme ‘Reducing Business Costs’ offers BID members the chance to save money on their utilities including gas & electricity, telecoms, safety, pest control, handyman, insurance, printing & stationary, training & security, merchant fees and much more. To start saving call 014 4441 6529 or email firstname.lastname@example.org
Regular meetings, workshops and events to give members the opportunity to access all our services.
Working with stakeholders including LB Lambeth, TfL, Market Traders and many more to implement initiatives aimed at improving the local environment.
FUTURE ENVIRONMENT PLANS
A Green Infrastructure Audit is being commissioned in April 2016. The audit will help the BID increase the green infrastructure in the area as well as help tacking London’s Air Quality problems.
We’re also in the process of commissioning digital and printed maps, to ensure that businesses in less central locations don’t get left out of visitors’ itineraries.
Working with LB Lambeth to introduce contactless payment consoles to the market traders to enable customers to pay by card.
23rd May 2016
London Underground’s long-awaited Night Tube will be launching on the 19th August 2016. The Victoria Line will be one of the first to go live, with the Victoria Line starting and ending at Brixton Station. For more in-depth information, you can read the press release from the Mayor of London. · Central and Victoria lines to […]
19th April 2016
The BID levy collection for the period 2016/17 is well under way. The levy due is an annual charge calculated on the rateable value of your premises. This charge is payable for the period April 2016-March 2017. If your business moves out of the BID area anytime during the financial year, you are eligible to claim a refund […]
12th April 2016
Brixton Market Traders Federation, the Heritage of London Trust and Lambeth Council have gotten together to restore Brixton Market’s traditional wooden market barrows, of which only 12 remain. Brixton has one of London’s most vibrant historic markets, dating from the 1870s. To help raise the money for the restoration of these iconic barrows, a crowdfund has been […]
6th April 2016
Did you know that as a member of the Brixton BID, you are eligible for a free business account and two hour drive on us? Zipcar is the world′s largest car club network with over 1,500 vehicles in London alone. Brixton BID and Zipcar have teamed up to offer you access to over 1,500 […]
5th April 2016
Brixton Business Improvement District (BID) is working to make Brixton better for business. Brixton is a place that is constantly evolving and we want to make sure that every BID member can make the most of the regeneration happening in and around the town centre. We want Brixton to be a place where businesses, no […]
24th March 2016
A fast-paced and highly relevant ‘business day’ took place on 21 March, organised by Pivot Brixton for independent retailers and other small businesses working in Brixton. The information-packed day included business advice delivered by industry experts on finance and increasing profit; visual merchandising to enhance the look and feel of your retail space; social media […]