Pillar Five
Providing business support and insights
The BID will support businesses by taking a district-wide approach to measures that help business
development and growth. These will develop over time in response to the evolving needs of the
different sectors but will include an insights programme to monitor absolute and relative
performance and inform business planning.
The BID will establish a structure for regular assessment of the priorities and needs of the district’s
different business sectors, including retail, hotels and offices, to ensure that its activities are focused
on reducing business costs and increasing revenue.
We want businesses in Knightsbridge and Brompton Road to be equipped to perform at their
optimum every day and to assist the BID will provide business members with the tools, guidance and
support they need to thrive.
The BID can also link-in with and provide access to existing business support available through, for
example, the London Growth Hub, Westminster City Council’s Business and Enterprise Service, the
local chambers of commerce and London and Partners, as well as work in partnerships that can
create additionallocal business support, such as recruitment and training.