And in a small town that goes a long way.вЂќД«ike Index has 310,387 bikes registered as of last month.

If you get robbed at noon, we can have that bike picture and data in front of thousands of people by 1. We sort of blast pictures, details, the city, the location. Two, there are a ton of law enforcement officers who are doing the same thing. вЂњOne, if something sketchy comes in, a mechanic or someone buying a bike or encountering one of these bikes, they can whip out their phone and check the bike out. вЂњ The minute it hits our system, a lot of things happen,вЂќ Hance said.

Like 529 Garage, Bike Index has an app and database and enables tracking stolen bikes immediately. Nowadays, they get by with donations from users and вЂњlarger rollouts from cities and schools that keep the lights on and fund future Bike Index development.вЂќ A nonprofit on a вЂњshoestring budget,вЂќ Hance said it had a Kickstarter campaign initially. вЂњA big part of our goal is to help the local bike shop financially, so having them lose money on this program is backwards.вЂќД«ike Index, started in 2013, works similarly.

вЂњ Recognizing the tight margins and high rents for most IBDвЂ™s, we definitely donвЂ™t expect retail to fund the program,вЂќ Allard said. They are offered in bulk for retailers and city agencies and police. Today that number is sub 5% often sub 2%.вЂќДҐ29 Garage generates revenue by charging for the вЂњShieldвЂќ tamper-resistant bike stickers ($10 or four for $25 for retail package). ItвЂ™s not possible to erase (theft), but our goal is to drop thefts by 50% and to get police to be able to return 50% or more of the bikes they recover. вЂњThereвЂ™s no rocket science to it.вЂќДЄllard said 529 Garage has stolen bikes recovered weekly but doesnвЂ™t have a total number вЂњbecause people panic when they lose a bike, but after they get it back, they often donвЂ™t report back. To date, it has registered nearly 1.6 million bikes. The Vancouver Police Department, dealing with a high rate of bicycle thefts, funded the venture along with the city before it was launched nationwide. WeвЂ™re really concerned about this bike theft and weвЂ™re protecting the bikes right from birth.вЂќДЄllard, a former Microsoft executive, helped develop the app and database six years ago. By pre-register the bikes, they can use that as a selling feature. The primary way is if that bike rolls out the door, and a cop spots that bike with a known bad guy that obviously is not theirs, they can run it and tie it right back to the shop. вЂњThereвЂ™s not a bike in the shop that the police canвЂ™t tie back to us,вЂќ Allard said. In the event of a smash and grab, law enforcement will have instant database access, including photos and serial numbers. While both systems were designed as a point-of-sale way to register a customerвЂ™s bike for no cost, Allard, CEO and co-founder, and Bike Index co-founder Bryan Hance recommend retailers pre-register entire fleets at once. And it, along with Bike Index, might be the best way for retailers to protect their bikes. (BRAIN) - The way J Allard sees it, 529 Garage is a combination of crimewatch, crime stoppers and motor vehicle registration.

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