Stockport Council's executive formally approved the borough's bid for city status in 2012 on Monday night.
Stockport has the opportunity to become Britain's newest city next year to celebrate the Queen's Diamond Jubilee.
Cllr Dave Goddard, leader of Stockport Council, said: "I believe the bid will boost Stockport because it will put us on a stronger footing to win investment, and help to improve life for all our communities. Stockport meets all the criteria laid out in the competition guidelines and we deserve to be regarded as one of the outstanding locations in the UK. Winning city status will help us on that journey.
"A range of private sector businesses, cultural experts and MPs believe it would be a good thing for the town to help improve its profile, to attract more
inward investment, to help increase local business and to provide jobs for future generations of Stopfordians."
The council said the local authority's officers will work with private and public sector partner organisations including Stockport Chamber of Commerce and Stockport College and community groups to submit the strongest possible bid at minimal expense by the deadline of 27 May.