The Cheapside Business Alliance (CBA) launched in 2015, as the first Business Improvement District or ‘BID’ in the City of London. The CBAs aim is to ensure that Cheapside continues to grow, economically, sustainably and as a key destination in the capital, and over the past term the CBA has demonstrated the fantastic work can be achieved through partnership and collaboration.
As BIDs have a lifespan of 5-year terms, the CBA will invite businesses to vote on the CBAs plans for the second term in early 2020.
Reflecting on the first term, the CBA had many successes and achievements, working in close partnership with the City of London Corporation and key stakeholders.
Highlights include working as a key delivery partner for the Plastic Free City Campaign which to encourage changed behaviours to reduce the use of single use plastics. Also, the Greening Cheapside Project, working closely with CoL to enhance the public space by St Paul’s tube station, improving the ease of movement and introducing sustainable planting.
Our Ambassadors provide a warm welcome to Cheapside and act as the eyes and ears, working with the CBA team on many large events such as the historic Lord Mayor’s Show. In the first term over 250 local people were placed into vacancies within the footprint through our commissioned provider. Our Food and Drink Week was a great success, showcasing the culinary offering within the footprint, and attracting a diverse audience into the area, as well as City workers.
Championing businesses is at the heart of the business alliance and through highly popular networking events forging connections between local businesses and thus maximising opportunities for collaboration.
The CBA has a lot to be proud of reflecting on the past 5 years, but there is more that we want to achieve for the area. The ambitions for the next 5-year term have been set out in the Business Plan 2020-2025 keen to sustain the momentum of the first term and embrace opportunities going forward.
Notice of Ballot
Ballot Papers Out
Result of Ballot
Start of Cheapside Business Alliance 2nd Term
The Cheapside Business Alliance is a Business Improvement District (BID) we are a not for profit organisation and as a business led partnership our aim is to enhance Cheapside and ensure the area prospers.
We have 5 strategic themes through which we deliver projects and initiatives. You can find out more about these themes here.
As the Cheapside Business Alliance is now in the fifth year of the first term, we are required to enter a renewal ballot. This means that in early 2020 businesses within the footprint will have the opportunity to vote for the CBA to enter its second term. This vote will be based on the Business Plan 2020-25.
The Renewal Ballot will take place in early 2020.
If you are interested in becoming involved in the work that we do, please do get in contact with us and we can arrange a meeting with you. All contact information is below. We look forward to hearing from you!