Providing business support and insights

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.

The BID will:

  • 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.
  • Deliver workshops, seminars and face-to-face training with experts on key issues and topics – information gathering, learning and development opportunities which provide valuable and practical insight to members.
  • Engage with the relevant authorities on policy matters and responding to consultations with a collective voice.
  • Provide local leadership and a powerful collective voice to inform policy and affect change where required on issues that matter most to businesses in the area.

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