Bourne Business Watch, supported by South Kesteven District Council, the police and Lincolnshire Chamber of Commerce, has recorded a clutch of successes just four weeks after launching.
Among these were a shoplifter being tracked and apprehended thanks to the scheme, and an arrest made for a public order offence at a local pub.
The initiative, which cracks down on crime to make the town centre safer, is part-funded by SKDC for two years with the shops, pubs and offices paying a membership fee of £120 per year.
Cabinet Member for Retail and Visitor Economy, Cllr Nick Robins, said: "Early success for the Bourne Business Watch shows it has real potential.
"It will be as good as the businesses want it to be. The results highlight its value and I'd encourage other businesses to get in touch, find out more and join up to strengthen town centre security."
Chamber of Commerce Membership Manager, Justin Pover, said: "Schemes like this reduce crime and anti-social behaviour. It's not just for retail premises as offices can sign up to help lone workers feel less isolated while at work.
"The more businesses we can include, the more effective it will become. It also helps create a community feel among traders and ensures everyone is up to date with what is happening in their town."
The radio system is supported by SKDC's CCTV operators, and scheme members display posters and window stickers alerting would-be offenders to the risk of being caught and banned.
Stephanie's Flowers, Harrison and Dunn, Spice of Life and The Nag's Head are among those already taking part. Regular meetings discuss progress, best practice, crime trends and exclusions from stores.
Businesses wishing to find out more should call 01522 846930.
Picture caption: Business Watch Co-ordinator for Lincolnshire Chamber of Commerce Steve Jackson, PCSO Graeme Parrott and Val Coddington, from Harrison and Dunn hardware store.
For media enquiries: Email the SKDC communications team at firstname.lastname@example.org or call 01476 406498 or 406440.