e11 Bid Company
Statement of Intent
Our aim is to establish a Business Improvement District (BID) in the Leytonstone commercial area, we will accomplish this through localised governance and efficient management, creating the bespoke business environment that enables businesses to flourish.
Benefits of the e11bid
- Increased shopper and visitor footfall
- Longer customer visitation
- Reduced crime and theft
- Improved marketing and promotion of our commercial district
- Attractive street environment
- Fixed, voluntary and ring fenced BID investments
- Safer, cleaner, improved shopping, living and visitor experience
- Reduction of anti-social behaviour
- Better consultation and engagement with the Council relating to strategic issues
- Increased property values
- Maximising our retail profile within the commercial renaissance of London East
The Plan
A five year business plan sets out in detail an outline of investment, costs and range of services designed to ensure that the business community is fully informed of the e11bid and the processes put in place to ensure its delivery. The e11bid management structure reports to the e11bid board of directors. The e11bid Company is spending its fund on a range of improvements in its five year term leading up to 2012. The BID alone is expected to generate in excess of £55,000 of core funding per annum, boosted by additional investments of match funding and voluntary contributions.
