SURVEY OF BUSINESS PRIORITIES: Spring 2017

Penrith Business Improvement District (BID) was established in November 2012 as a business-led initiative to take action to improve the town centre as a trading environment. Businesses voted overwhelmingly in favour of the BID proposal (81% by number and 86% by aggregate rateable value). As with any new initiative the BID has taken time and a considerable amount of effort to build momentum since it started in April 2013, but the benefits are becoming more visible with each year that passes.

Penrith town centre needs the BID and the vital investment that it brings. Many of the challenges facing Penrith are also affecting town and city centres throughout the country. There are now almost 300 BIDs established in town and cities across the UK, including Kendal, Ulverston and Barrow. Businesses of every size recognise that in today’s highly competitive environment, doing nothing is simply not an option.

The Penrith BID is delivering a 5-year business plan that now needs to be refreshed and be relevant to your needs today, and going forward for the next 5 years. The BID is your initiative, jointly-funded by the businesses and public authorities, to address your priorities and act to ensure that Penrith town centre not only survives as a viable place for business, but strives to improve and thrive in the years ahead.

Your responses to the following questions will shape the future of the BID. It’s important to us all, so please give a few minutes of your time to consider and respond to the following 5 questions:

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