enterprise zone

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Enterprise Zone

An area that has special incentives available for those who start companies or other organizations. For example, an enterprise zone may offer tax cuts to small businesses that open inside its jurisdiction. Enterprise zones are a popular way to rejuvenate dilapidated areas or otherwise to promote economic development.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

enterprise zone

a small area scheduled by the British authorities for special financial assistance and to encourage industrial expansion. Enterprise Zones were superseded by Tier 1 ASSISTED AREAS in 2000. See REGIONAL POLICY.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

enterprise zone

An area with the availability of tax incentives, grant money, or low-cost loans offered by local government in order to assist in revitalization.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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Carbondale is one of 14 applicants approved by the Illinois Enterprise Zone Board.
Priority enterprise zones are the first defined initiative in Oklahoma that incorporates state and local incentives touching manufacturing, community redevelopment and entrepreneurship activities coinciding with the opportunity zone designations.
Clr Swift said in broad terms the pooling of this rate was part of the deal negotiated when the proposal for enterprise zones was put to Government.
LEP executive director Helen Golightly said: "We are delighted with the success of the North East Enterprise Zones.
"The Welsh Conservatives should welcome the fact that our enterprise zones have attracted considerable private sector investment and secured over 10,000 jobs since 2012."
For more information and an application form, visit http:// www.investmiddlesbrough.co.uk/digital/ To find out more about the enterprise zones, visit www.teesvalleyez.co.uk
Proposals for an Enterprise Zone at Port Talbot have been under development for some time with the Welsh Government championing the idea.
So far this year, just one new enterprise zone has been confirmed - Communities Secretary Greg Clark said one would be passed for Northumberland's Berwick, designed to benefit from the long-awaited dualling of the A1 north of Newcastle.
The trouble is, the enterprise zone covering Oakridge and neighboring Westfir expired in December.
The Black Country Enterprise Zone, described as the most successful in the UK, has seen unprecedented growth through a public and private sector partnership approach and we want to talk to potential investors about how they can be part of this success.
A Welsh Government spokesman said: "Much progress is being made to promote a dynamic and vibrant business centre in Central Cardiff Enterprise Zone. The provision of first-class office accommodation is an essential part of our offer and the opening of Number 1 Capital Quarter last week was a significant milestone in our plans to ensure Central Cardiff Enterprise Zone delivers new jobs, attracts new investment and provides a great environment for business growth.

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