In early June, ECS Chairman, Cllr. Malcolm Spalding, facilitated and spoke at the Business Improvement Districts Networking & Seminar Presentation at the The Town Hall, in conjunction with the Kensington & Chelsea Chamber of Commerce. Assembled guests included Nabeel Khan, GLA Regeneration Team (GLA), Ruth Duston, owner of Primera (London’s leading BID management company – £20+ million funds managed), and Patricia Bench, CEO of the successful Hammersmith BID since 2007.
Each speaker spoke enthusiastically about the positive effects that Business Improvement Districts (BIDs) have had on the various communities, residential and commercial, that exist in the Capital. However, they were very clear that a BID is not to be rushed and that the process needs to be carefully managed and then “ramped up” from an official and business community activity perspective.
JUNE 2016 – BID Presentation at K&C Town Hall – CLICK HERE
A Business Improvement District for Earl’s Court has a unique role to play in contributing to the area shaping up to be an unparalleled destination in which to live, work and visit – Ruth Duston, Primera
Patricia Bench from Hammersmith was also positive about the prospect of an Earl’s Court BID and expressed an interest to work with our team going forward, offering advice and possibly even working together on some initiatives.
Good attendance at the Business Improvement Districts Networking & Seminar Presentation event was a clear demonstration that the business community and Borough representatives are keen to learn more about, and explore the possibility, of a Business Improvement District in a number commercial hubs around the area.
Attendees included Hannah Staunton, Head of Engagement at Capco. Hannah has extensive BID knowledge and supports this initiative, based on her experiences and successes elsewhere. Having also spoken to a number of people on the evening, a straw poll of people would suggest that a positive and properly funded support schedule for local business would have to be implemented and executed, with a view (but not for the exclusive purpose of) to a BID ballot becoming possible 24 months later, programme success depending.
“Much of the preparation work for a BID at official, local corporate and officer level, has been done over the past 18 months,” said ECS Chairman, Cllr. Malcolm Spalding. “However this is still in progress. All going to plan, we could start a series of business partnership initiatives as early as next year, seed funding depending.”