Larger industrial estates face significant challenges, especially in our difficult economic climate. But as a BID, we can go above and beyond the work of local authorities and government and leverage significant change.
Safeguarding Ferndown and Uddens
By working together to improve major issues such as security, accessibility and services to business the BID helps safeguard our business community both now, and in the future. Our purpose is to make a significant impact on the quality of environment we trade in.
As well as lobbying for increased funding, the BID levy will generate around £600,000 during its second 5-year term, dedicated to making improvements that help running a business on the estates.
In order to help progress actions to enhance security on the estates a Security Group chaired by David Lapthorn, BID Board member, has been established. David has considerable experience in enhancing security as he previously established and ran the Ferndown Security Association. The Security Group also includes Dorset Police, SwL who provide evening and weekend security for the estates together with security specialists from levypayers.
A Business Improvement District enables groups of businesses to join together and commission improvement projects. Covering both industrial estates your BID is managed by the Ferndown and Uddens BID Ltd. The BID generates an income through a levy of 1.25p in the pound of rateable value for each business ratepayer over £6,000. Since 2014 he BID has delivered significant improvements that have enhanced the trading environment for our business community. In 2019 businesses on the estate will be invited to continue this mandate through a new Business Plan.
What's our mission?
To implement the Business Plan and to continuously improve the trading and working environment on the Estates, so that it is a great and safe place to do business and to work. The Ferndown & Uddens BID is here to bring genuine improvements and value to the business community on the Estates. The BID developed out of the collaborations of the Ferndown and Uddens Business Forum and Security Association. Thanks to the support of businesses through the ballot in 2014 and our partner organisations the BID has been able to make real improvements for the business community. 350 businesses. 3,500 people. One voice.