The recent Olympic meeting
The Local Authority BIDs meeting "Heard from the Green Brain"
New legal templates for the London BID web site Information from the Health Commission NLA goes on tour to Euston and Kings Cross Heart of London BID job vacancy
Olympic hosting lessons from Yaletown BID
Yaletown is a neighbourhood in Vancouver which transformed itself into ‘party town’ during the 2010 Winter Olympics. By taking advantage of their position near the Olympic Stadium and LiveTown broadcast location, Yaletown brought huge gains to their membership. Jane McFadden, Vice President, Yaletown BIA and Owner of Fine Finds Boutique said "that her shop was not unique in doing a normal months worth of business on every one of the 17 days of the Olympics".
Annette O’Shea Executive Director, Yaletown BIA offered some useful lessons for London’s BIDs to consider in their preparations for the Olympics in 2012: Get involved in preparations and stay involved throughout. Transport planning, for example, had a huge impact on Yaletown, who managed to have their high street closed to traffic and designated a key pedestrian route. Those BIDs who were not at the table saw their districts bypassed in travel planning. Stay focussed on your own goals. Other organisations will be keen to get you involved in their programmes. Remember that your goal is NOT delivery of the games! Balance short term and long term goals. Short term: Levy payers benefitting from extra visitors. Minimising disruptions to levy payers. Long term: Team building. Infrastructure investment. Brand building. Keep levy payers informed: Demographics of the Olympics visitors. Transport and delivery arrangements. Timings of build-up and Games activities. Countering the rumour mill!
Be prepared for the last minute ‘rush’:
The 6 months or so before the games there is a tremendous amount of activity from the media as well as incoming organisations looking for a local presence. Be flexible to take advantage of opportunities as they arrive.
Businesses in Yaletown responded to the 17 day Olympic period in several ways:
Extending their trading hours to take advantage of crowd movement times. Changing the nature of their business to take advantage of their frontage to sell to Olympic visitors.
Sub-letting their space – often at the last minute – to incoming companies looking for an Olympic presence.
The New Political Landscape and its potential impact on BIDS.
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At the recent LA BIDs meeting Roger Hayes of “The Green Brain” spoke to the group and gave his perspective on BIDs in the current political and financial climate. He approached this by breaking it down into 3 stages. In the short term there is the potential for a stable and predictable government from the coalition written agreement but the unknowns will be the testing of the new government and therefore the financial implications will have an impact on BIDs and Councils regarding the funding of current services. The May 2011 elections will see changes and by then cuts will have been announced and made and BIDS will have accounted for this. The London Olympics, the London Mayors’ elections and European elections in 2012 will be a year of activity and BIDs must ensure that great effort is made to secure additional funding to deliver services, and BIDs must be proactive in ensuring they are part of the 2012 legacy. In the medium term from 2012 onwards the good news is that BIDs will have the opportunity to demonstrate, how through the coming together of their local business community, BIDs are filling the funding gaps and if BIDs were not in existence then these additional services would not be available. In the long term Five years from now could see a revolution within the BID industry with possible numbers reaching 250 and BIDs will no longer be isolated pockets of activity but a huge lobby for change. Roger’s conclusion was that BIDs are fundamental for ensuring there is continued local funding. He suggested that BIDs start to work together to come up with solutions and look at partnership provision and what happens with all the different services within their BID areas. BIDs must become catalysts and look at what they can put back into the community by working together, and consider breaking some of the BID boundaries extending their areas that at the present time separate the business community. BIDs may wish to look at rebuilding community links and design incentives to bring people back into the BID area and open up more opportunities to live, work and study.
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New Legal Templates for London BID web site
We would like to advise BIDs that the Legal template (Articles of Association) and Legal template (Memorandum of Association) have been updated to take into account all the adopted provisions of the Companies Act 2006 now in force, and are now available on the London BIDs web site. You will find these in the BIDS Toolkit section, under development and then click onto number 7. Incorporation Click here to view
The London Health Commission
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The London Health Commission ‘Good jobs – good for health and good for business’ employer campaign aims to raise awareness that ‘good' jobs make businesses more productive, effective and competitive, as well as ensuring a healthier workforce, especially in a tough economic climate. It aims to help London’s small and medium businesses to take action to make their jobs ‘good’ and offer a wealth of practical advice to spark new ideas and new ways of working. The campaign offers a series of business breakfast events hosted by London businesses that can share their experience in the ‘good jobs’ area, a web site featuring case studies and links to sources of advice and support, and a regular news bulletin to keep you informed. Further information on the campaign click here or contact the London Works for Better Health Programme Manager
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We also work in partnership with ‘Health, work and well-being’ - a Government-led initiative to protect and improve the health of working age people. For businesses, healthy and motivated employees can enhance productivity and save costs. The initiative offers: • Free Health for Work Adviceline 0800 0 77 88 44 provides small business managers with expert advice and guidance to support team members experiencing ill health. • Workplace Well-being Tool to help employers improve the health and well-being of people in their organisation. Click here • Support to help coordinate action on workplace health in your organisation. • Advice on other new Government initiatives such as the recent introduction of the Fit Note For further information contact the London Health, Work & Well-being Coordinator at
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Heart of London Job Vacancy The Heart of London Business Alliance have created a new exciting role and are looking for a West End Ambassador. The role is visitor and business liaison focused and has a starting salary c£20 - 22,000, rising to £25,000 based on performance and training. Closing date: 16 July at 1700hrs. For more information on this exciting role click here
NLA goes on Tour
NLA's next 'On Location' event will take place at King's Cross and Euston, with a morning conference and networking lunch, followed by walking tours in the afternoon. Hear from key developers, planners, occupiers and architects on ambitions for the area, future challenges and opportunities, and progress to date. Tuesday 20 July, 9.00am - 5.00pm The German Gymnasium, 26 Pancras Road, London N1C 4TB For full details and booking click here |