BIDs, or Business Improvement Districts, are a proven international model for driving local economic development and town centre revitalisation using an effective public-private partnership mechanism.
Business Lab has over 10 years experience working with all stages of the BID model, from set-up, to everyday running to expansion. With each assignment the powerful influence role BIDs can play in helping town centres evolve and thrive becomes ever more evident.
Following the amalgamation of the regions economic development functions into the new Nelson Regional Development Agency, Business Lab worked this this new agency and Nelson City Council to clarify how they could best work together to maximise the value of events for Nelson.
The CCBA developed a strategic plan, using innovative structured engagement, that resulted in its funding from Christchurch City Council being retained at the existing level with a clear path for transitioning to a self-funding model.
The CCBA has since signed up to Business Lab’s Continuity Programme which has included advice on recruiting a new Association Manager. They are now looking forward to Business Lab's assistance with implementing the strategic plan.
Business Lab were asked to assist Tasman District Council with their IT strategy as part of the Long Term Plan (LTP). However, during early engagement it became clear that the strategy was in fact heavily related to using technology to develop a customer centric culture acro the organisation and the focus of the project was adapted to enable this.