BID Development

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We have managed numerous BID ballots. Our role, performed through long-term contracts, is flexible to meet your needs and may encompass the management or direct employment of staff, marketing and communications, financial control, and strategic, quality management advice.


The i5 stages of BID development

CMS developed the 5 Stages of BID development methodology which can be used for both new and renewing BIDs. The process sets out distinct phases in the development process and progress can be reported following each. The process makes it easier for the BID Board or Steering Group to monitor progress and proceed from one Stage to the next only when the former has been successfully completed and there is confidence to progress. The five Stages are Feasibility, Planning, Local Authority, Campaign and Establishment.

This methodology is the framework for the Industry Criteria and Guidance Notes, the training provided through British BID's BID Academy courses and is a requirement of applicants to the Government’s Loan Fund.

The methodology has now been enhanced to the i5 stages of BID development. The upgrade encourages a visionary, place-shaping approach to BID development built around a detailed understanding of each individual place, its catchment and competition. It is a knowledge and research led approach which introduces a culture of constant improvement and has evolved from CMS' experience in locations throughout the country.

The i5 Stages methodology is about setting up a business to deliver. Not simply a BID to win a ballot.

                           

If you would like to learn more about the methodology involved in developing or renewing a BID please get in touch with us here for more details. 

If you are interested in our training courses please also get in touch for more details to maximise your chances of a successful ballot outcome.

You can view our courses here.

Developing a BID

We can take you step by step on the journey of how to manage a successful BID campaign and ballot– be it a town, city or Industrial area –  from the initial feasibility study, to consultation, development of the actual business plan and finally organisation of the ballot.

Delivering a BID

We can ensure that your BID provides services that ensure businesses are seeing value in its project delivery. 

The comfort and reassurance of CMS’ robust business structures, as well as personnel, office systems, financial services, communication strategies and delivery objectives plus a real understanding of the overall national picture provides a complete BID management package.

No two locations are the same and although there are national issues affecting many locations, we understand each location has unique character and requirements. 

Renewing a BID

Success at the renewal ballot comes through hard work and experience. The process also involves being able to prove a return on investment to businesses, provide a consultation period on priorities for the next five year term, produce a business plan for term and carry out a formal ballot. 

We have extensive experience of renewal ballots and strong connections at Head Office level and boast an unrivalled track record at the ballot box.

Talk to us about BID development, or let our clients themselves talk to you.