Welcome to the Lincolnshire Coastal Destination BID Website
This website aims to answer your questions and keep you up to date with developments in the Lincolnshire Coastal Destination BID.
Destination Business Improvement Districts (DBIDs) have proven to be an effective way in which businesses can take control and improve their trading environment. As a business, you will have the opportunity to identify projects that you want to introduce and be given a say in how your money is spent through the Lincolnshire Coastal DBID.
What are DBIDs?
DBIDs are an arrangement whereby businesses come together and decide which improvements they feel could be made in their destination, how they will implement these improvements and what it will cost them. BIDs are financed and controlled by the businesses within the BID area. They can run for a maximum of five years and during this time they must be able to show that they are benefitting the businesses that fund it.
What can BIDs deliver?
It’s up to you as a business to help shape what the LCDBID may deliver. BIDs can deliver any projects or services that are agreed by the businesses in the BID area, but these projects must go over and above anything that is already provided through business rates and by the local authority.
THE BID AREA
Some quick facts about BIDs:
- Since legislation was introduced in 2004, there have been over 200 BIDs in the UK.
- A DBID for the Lincolnshire Coast could generate over £525,000 per annum for businesses to spend on the projects they feel are important.
- Over 100,000 businesses have been involved in BIDs nationally.
- In the next 5 years, BIDs will create an extra £400 million funding.
- Not-for-profit companies run BIDs. Elected Boards made up of business owners from the BID area govern these companies.
- More than 90% of BIDs that have come to the end of their 5-year term have been successfully voted in for a second term.
The Latest LCDBID News
The newly established Lincolnshire Coastal BID Company is looking forward to a very busy 2018 with promotion of the beautiful, vibrant Lincolnshire Coast, including the popular resort destinations of Skegness, Ingoldmells, Chapel St Leonards, Sutton-on-Sea and Mablethorpe.
Plans to date already include the return of Summer Firework displays for both Skegness and Mablethorpe to help bring a boost to the night-time economy, a vintage seaside festival, the return of the Summer Illuminations Switch-on event, Halloween events and much more.
With the help of a brilliant team of Coastal Ambassadors, a promotional tourism trailer will attend events and attractions throughout the coastal area and further afield.
Production of promotional videos is already underway to highlight what our wild and natural coastline can offer for both residents and visitors.
Skegness business owner, Danny Brookes said “The Lincolnshire Coast embracing the BID is a great step forward in securing collective responsibility for improving our fantastic area and developing it as the best Coastal destination in the UK!”
Look out for the new BID website coming soon, you can also keep up to date with information on Facebook and Twitter @visitlincscoast
The BID team can be contacted on 01754 611845 or email firstname.lastname@example.org
CONTACT THE LCDBID
For further information regarding the Lincolnshire Coastal Destination Business Improvement District, please contact the Lincolnshire Coastal BID Manager, Lisa Jane Collins, using the details below.
Skegness Town Hall