History

The Town Team was originally led by the Greater Bedminster Community Partnership who made the application for funding to win the £100K Town Team Grant and represent residents in Bedminster and integrates smoothly with Bristol City Council and the Third Sector.

The highest priority of GBCP was to ensure that there is a ‘legacy’ after the first year and that the Town Team is in a position to continue its early work in a properly financed manner – no easy thing in the economic environment. Accordingly a Business Improvement District was campaigned for and successfully won by an overall majority of 85% of businesses in favour in April 2013. This gives the Town Team certainty of funding over the next five years (the term of the BID). For more details of the BID operation please see the BID pages.

Annual General Meetings (including appointment of board directors) are held each summer. The Board comprises ideally and subject to nominations 23 members, of which 15 will come from BID levy payers. Up to 4 more will come from ‘small businesses’ (i.e. those with a business rate below £10k p/a & not liable for the levy). The remaining 4 places will come from other sources.The Board will be able to invite others to attend as appropriate.

The general responsibilities of the Board is oversight of income from the levy and other sources and decisions on expenditure in the interest of the BID as laid out in the BID Proposal. The Board will also lead on discussions with agencies such as Greater Bedminster Community Partnership, Bristol City Council and the police.

The Board meets frequently (usually monthly) in the initial stages of establishing the BID and has established sub-groups. Currently, there are two groups. One is looking at physical changes in the retail streets including greening, parking and signage. The other is considering promotional issues such as events and marketing. It is important, therefore, that the person nominated is willing and able to participate in some of these things.























































LEAP FORWARD 

April 2013: Giant Leap Forward for Bedminster Town Team - the BID is a YES!

Bedminster Town Team has secured a further £400,000 of funding following the successful completion of a Business Improvement District for the area. 

The vote in early April 2013 was overwhelmingly positive with 84% voting YES enabling a minimum of £80,000 per annum for Town Team projects for the next five years. 

This funding stream will largely replace the one-off £100K grant awarded to Bedminster last May as one of the first Portas Pilot Town Teams.
The next meeting of the BID Shadow Board is 7th May at 6pm in Ciao Italia on East Street which is open to all BID levy payers as observers. In addition we will shortly be circulating details about how a representative BID Board will be formalised - ie nomination and appointment of directors etc (a limited company 'Bedminster Town Team Ltd' has already been established).

If you have any questions please do not hesitate to get in touch. 

Key information about Bedminster BID may be found via the BID Proposal – click here and BID Business Plan – click here. Also for a very useful video introduction to BID's please click here.



ABOUT BIDS  

A BID is a business-led partnership that improves trading conditions in a high street or town centre- in a similar way that a shopping centre manager does in modern malls. BIDs vary in size but typically comprise a few hundred businesses clubbing together and backing a business plan that sets out a range of activities that funded by a BID levy.

Activities include cleaning, policing and/or marketing. Increasingly BIDs are aimed at cash saving strategies for business also - through collective purchasing - thereby striving to make the BID overall cost-neutral or even positive for businesses. BID projects and services are selected by business for businesses. Typically they are additional cleansing and security to marketing and collective purchasing and working closely with local partners to achieve the improvements that businesses desire for an area.

The benefits of BIDs cited by businesses are wide-ranging and include:

  • Increased footfall
  • Improved staff retention
  • Business cost reduction (shrinkage, crime, joint procurement)
  • Area marketing and promotion
  • Networking opportunities
  • A collective business voice and representation on issues affecting their area
  • Assistance in dealings with the Council, Police and other public bodies