05.09.18
RIA looks to cut membership fees for ‘smaller players’ in supply sector
The Railway Industry Association (RIA) has announced it will slash membership fees in a bid to encourage sector entrants and “smaller players” to join the body.
The new membership cost, which began yesterday, will be half of the current minimum £1,750 level at an annual rate of £875.
SMEs with less than £1m rail turnover are being encouraged to join, with existing members who meet the criteria also benefitting from the lower fee when the new membership year begins in April 2019.
Both current and new RIA members will benefit from the membership offer if they are not owned by a company with a turnover of more than £50m as well.
It is hoped this lower fee will entice small organisations, micro-businesses and individuals to join the RIA—allowing for new people, ideas, and growth in the rail supply community.
Darren Caplan, Chief Executive of the Railway Industry Association (RIA), said: “This new lower fee will help even more prospective SMEs, micro businesses and sole traders, join our award-winning team, assisting us to do whatever we can to help grow the rail supply sector in what are clearly uncertain times. It is also a ‘helping hand’ for existing RIA SMEs with a rail turnover of less than £1 million.
“RIA is always keen to welcome in rail suppliers of all sizes. This new offer should hopefully make it markedly easier for those with lower rail turnovers to join RIA, grow their businesses and benefit from our lobbying, policy, technical, and exports work, tender opportunities and best practice sharing and flagship events.”
To find out more about RIA Membership go to www.riagb.org.uk
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Image credit: BandM Noskowski