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BID Business Plan 2017-2022 ONLINE

Bournemouth Coastal BID proposals 2017 - 2022

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INVESTING IN<br />

Westbourne<br />

Your<br />

COASTAL <strong>BID</strong> WILL:<br />

Market Westbourne’s retail offer, differentiating between<br />

local residents and office workers<br />

Create and promote a calendar of events offering<br />

opportunities for both daytime and evening businesses<br />

Work with the Council to improve the availability of<br />

parking in Westbourne for shoppers and workers<br />

Build on the distinctive, “urban village” character of<br />

Westbourne and its local appeal<br />

Lead on the development of business support programmes<br />

to help the large number of small, independent businesses<br />

in Westbourne, especially with social media and events<br />

Help businesses to retain a competitive edge in the<br />

growing e-commerce market place<br />

Encourage greater use of Bournemouth’s main tourism<br />

website by local businesses<br />

20I7-<strong>2022</strong><br />

£404,000<br />

Income<br />

<strong>BID</strong><br />

LEVY<br />

<strong>BID</strong> LEVY<br />

IN KIND/CASH<br />

LEVERED<br />

IN KIND /<br />

CASH<br />

£344,000<br />

£60,000<br />

Investing<br />

INVITING<br />

INSPIRING<br />

INVOLVING<br />

OPERATIONAL COSTS<br />

CONTINGENCY<br />

£100,000<br />

£129,000<br />

£95,000<br />

£60,000<br />

£20,000<br />

Westbourne business community generates circa £344,000 <strong>BID</strong> levy matched with venture partnerships<br />

and other voluntary contributions to provide business support programmes, promotions and placemaking<br />

activities. This will generate circa £60,000 over the <strong>BID</strong>’s five-year life. In addition, help in kind will further<br />

increase the scale of expenditure and investment.<br />

39

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