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Fabulous Feasibility Study

Fabulous Feasibility Study

CRM Consultancy were commissioned to carry out an independent feasibility study into the possibility of introducing a Business Improvement District (BID) into the Northern Colchester area.

Responses were collated from a comprehensive selection of sectors and businesses throughout Northern Colchester. The initial cold survey results showed over 80% of those completing the survey were in favour of a business-led group to deliver on improvements to the area, 55% were in favour of a business-funded initiative and 52% were in support of a BID as a model moving forward (and 39% undecided, which is in line with other “cold” surveys).

The feasibility study identified an appetite to move on with the development of a BID and recommended that Northern Colchester should move towards the next stage of the BID process, which entails a thorough consultation period.

The feasibility study identified a number of topics, themes and issues from security to traffic and outdoor spaces – these themes will be explored further in the consultation phase.

For more information, please email [email protected]