London Victoria Business Improvement District (BID)

Project information

Index: 0637R2
Acronym:SolidarCity
Priority:1: Innovation and the knowledge economy
Sub Theme:Employment, human capital and education
Location UNITED KINGDOM LONDON Inner London Start/End date of the practice
Start: May 2007
End: today

Topic of the practice

Support to SME and economic growth through private sector investment

Good Practice Information

The Victoria BID wants to deliver a business environment that works for each and every business regardless of their sector. As part of this work, and given the growing importance of the evening and night time economy for town centres and businesses, London Victoria BID has engaged in ATCM’s Purple Flag accreditation scheme and obtained recognition for its work, in addition to enhancing its current
management of the evening economy with expert advice offered as part of the accreditation process.Yearly budget:1,4 mil. pounds. Object.: 1.Safe and secure area for workers, visitors and residents, 2.Clean and green environment, 3.Develop and market the area as a destination of choice, 4.To create an economically prosperous local economy, 5.To devise a range of events that create a sense of place

Evidence of success

result: 2% increase in sales for 2012 compare to previous year, 123 jobs available to local people, provision of advice for jobsearch to 118 homeless people and support 32 of them at work.

Contact details to obtain further information on the practice

Scott Nixon

London Victoria BID

scott.nixon@victoriabid.co.uk

www.victoriabid.co.uk

Annex completed on: 09-30-2012

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