BID PROJECTS DEVELOPMENT PROCESS
THE BID TEAM
We’re a team passionate about the Yorkshire Coast and the talent that resides in the area, and we aim to develop opportunities that the board can review that meet our objectives as set out in the business plan.
In addition to identifying new partners to work with on projects and events, we also take the lead and create opportunities that we are confident achieve our objectives.
BID-led projects are continuously developed from feedback from our businesses, so if you have a great idea that you need funding for or just something we can look into, get in touch via bidteam@yorkshirecoastbid.com
PROCESS
CREATING BID PROJECTS
Everything always starts with a great idea! Whether this is suggested by a business or one of the directors, our first step is to check that it a) fits with our business plan objectives and b) it is not duplicating or replacing another source of funding.
The next step is to identify what we need to deliver, including putting budgets together so the directors can make an informed decision before submitting their vote.
WHO DELIVERS PROJECTS
We can deliver projects through the BID company by using the expertise of our directors, combined with the company resources which we refer to as “The BID Team”.
Our team is small, and we intend to keep it that way to ensure that we operate efficiently and keep our costs as low as possible.
With any project, there are times when we may need to partner with external experts, but we will always issue tenders and contact relevant businesses within the Yorkshire Coast first.
OPERATIONAL COSTS
We aim to keep the operating costs as low as possible, and look at projects which can either bring additional revenue back into the company to offset our cost, or ensure that BID funding is used to leverage other funders so projects / events are even bigger and better.
To date, our operating costs are running at 17% of the overall income received.
TEAM DETAILS
Kerry Carruthers, CEO
Company operations, business liaison, contract management and key project development.
Lisa Craven, Digital Communications
Digital communications and engagement for core products Love Yorkshire Coast and Route YC.
Elaine Stephenson, Events and Projects
Business liaison, development of new projects, and management of PA and BID-led events.
All general enquiries:
Telephone: 01723 643 006Email: bidteam@yorkshirecoastbid.com
