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20th August 2015

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About Albion BID 2 in West Bromwich

West Bromwich saw the dawn of one of the UK's first Industrially based Business Improvement Districts. Since its formation in 2006, Albion BID has made tremendous progress delivering an impressive range of improvements and fully establishing its credentials. Top of the list of achievements was a substantial reduction in crime and improvements to the security of the West Bromwich based BID area with the result that West Browich became a far more desirable place to work.

Business Improvement Districts succeed or fail by their achievements and it is testimony to the achievements of Albion BID during its first term that the re-ballot in 2010 confirmed its continued existence for a further 5 years in West Bromwich. Indeed, such was the reputation of the original BID that many businesses in West Browich, adjacent to the original BID area expressed a desire to join the renamed Albion BID 2.  The result was to more than double the size of the original BID in West Bromwich.
Albion BID 2 was the first industrial BID to go through a successful re-ballot and ALBION BID 2 companies in West Bromwich are leading the way in the country. The BID is successfully building on its first term successes and consolidating its position as an important and influential business mechanism within West Bromwich and the borough.

The prospectus for the second term can be downloaded here.

How the BID is Managed

Albion BID Company Limited is a Company limited by guarantee, run by and for its members.  It has no share capital and any surpluses generated are reinvested in the company’s services.  It is locally owned and locally controlled.
 The Company has a Management Group made up of local business representatives together with non-voting public sector members.  The Company also has a small number of Directors who are responsible for meeting obligations under the Companies Act 2006.  Each levy payer is eligible to become a member of the company by completing the Membership Application Form. ( Membership Download here)
Alongside the Management Group there are three main theme groups which include members from outside of the BID area.

ALbion Organisational Chart

Organisation Chart

In achieving its aims, Albion BID2 seeks continually to hear the comments of the membership on its services.  It seeks to do this in four main ways:

  • Its Management Group meets quarterly to review progress
  • Three theme groups meet as required to agree the elements of the programme
  • A website forum for members to raise concerns and make comments
  • An annual on-line survey to gauge satisfaction of the programme.

In addition, the Annual General Meeting provides an opportunity for all members to ask questions of the board and to stand for election.