What is a BID?

Representing over 400 businesses and organisations, Peterborough Positive is focused on delivering an ambitious business plan to transform the city centre – improving experiences, standards and adding value for all city users.

Leading on innovative projects and providing key investment, it aims to make the city centre a cleaner, safer and more welcoming place, raising its profile nationally with new, diverse and prestigious events and exciting marketing campaigns.

Peterborough Positive is the city’s Business Improvement District (BID) campaign, an ambitious, vibrant initiative to realise our centre's potential. The ultimate aim is to improve standards and experiences for all city centre users.

  • A BID is an arrangement whereby local businesses get together to decide what improvements they want to make in their city centre. It’s a business plan written by and for local businesses.
  • Money to fund the work undertaken by the BID comes from a 1.5% levy collected from local businesses.
  • After a period of consultation, businesses receive a copy of the agreed business plan and vote ‘yes’ or ‘no’ in a 28-day ballot on whether to adopt a BID. If a majority vote ‘yes’, Peterborough will achieve BID status and the business plan will get underway.

PETERBOROUGH POSITIVE’S BUSINESS PLAN

The Business Plan outlines the BID’s future priorities. These priorities have been shaped by city centre businesses over the past 18 months through multiple surveys, events and discussions.

Read the Business Plan now and find out the BID’s priorities and how the BID will work, if a Yes vote is secured in October 2021.

READ THE BUSINESS PLAN