Businesses in Morecambe have been urged to come forward with their views on what they would like to achieve in the centre of the resort.
The town’s Business Improvement District has been formed to improve a defined commercial area.
In central Morecambe this would generate £150,000 a year, with a high probability of attracting external investment on top of this.
The BID works by businesses in the given zone contributing 1.5 per cent of their rateable value into a funding pot once a year.
For a business with a rateable value of £6,000, this amounts to £90 a year or 25p a day.
The BID steering group has released a survey to give Morecambe businesses an opportunity to have their say from the start.
The survey covers some ideas for improving Morecambe, but has been left wide open for businesses to make their own suggestions.
BID steering group chairman Brendan Hughes said: “The BID gives ratepayers the chance to decide how their contribution is being spent and gives us the opportunity to invest in projects that will improve the fortunes of the businesses in the area.
“I firmly believe this is going to be a turning point for the town’s economy and is proven to help other towns and cities.”
At present there are over 184 BIDS around the UK, leading projects including promoting events and improving streets.
To have your say, fill out the survey at: https://www.surveymonkey.com/s/MorecambeBID
If you would like a hard copy of the survey to fill out, contact Vicky Lofthouse at the Lancaster Chamber of Commerce on 01524 381331.
For more information about the Morecambe BID, visit www.morecambebid.org.uk.