BNET Business Dictionary

Business Definition for: Enterprise Zone

  • an area in which the government offers financial incentives, such as tax relief, to encourage new business activities.
  • Abbr. EZ

Additional Resources

Legislative Reform Could Mean Loss of Enterprise Zone for El Paso County.(Originated from Gazette Telegraph, Colorado Springs, Colo.)
COLORADO SPRINGS, Colo.--Feb. 27--El Paso County could lose its enterprise zone, and the business tax breaks it has used to attract dozens of employers, under two of four legislative proposals that would reform the state zone program. COLORADO SPRINGS, Colo.--Feb. 27--El Paso County could lose its...
Tags: El Paso Corp.
Research articles 1996-02-27
Rockwell Benefited from Colorado Enterprise Zone Incentives.(Originated from Gazette Telegraph, Colorado Springs, Colo.)
Feb. 20--Here is a summary of the $9.1 million in financial incentives granted to Rockwell as part of Colorado's enterprise zone program. The zone, Feb. 20--Here is a summary of the $9.1 million in financial incentives granted to Rockwell as part of Colorado's enterprise zone...
Tags: HERE IS, Rockwell
Research articles 1996-02-20
BroadSoft Joins Forum Nokia Enterprise Zone
BROADSOFT CONNECTIONS 2006 -- BroadSoft, Inc., a leading provider of VoIP application software , today announced at the BroadSoft Connections 2006 Executive Users Conference that it has become a member of the Forum Nokia PRO Enterprise Zone, a support program for software developers that want to work more closely...
Tags: Nokia Corp.
Research articles 2006-10-16
California Department of Housing and Community Development Announces Stanislaus Enterprise Zone: Open for Business
SACRAMENTO, Calif. -- Business, Transportation and Housing Agency Secretary Sunne Wright McPeak today announced the designation of the Stanislaus Enterprise Zone, the first new designation since 1998. The Enterprise Zone Program is a statewide initiative to create more jobs and more economic opportunity in California communities. "California Enterprise Zones...
Tags: California, job, Transportation, U.S. Department of Housing
Research articles 2005-10-26
California Department of Housing and Community Development Announces Imperial Valley Enterprise Zone: Open for Business
BRAWLEY, Calif. -- Business, Transportation and Housing Agency Secretary Sunne Wright McPeak today announced the designation of the Imperial Valley Enterprise Zone, the second new designation since 1998. The Enterprise Zone Program is a statewide initiative to create more jobs and more economic opportunity in California communities. "California Enterprise...
Tags: California, job, Transportation, U.S. Department of Housing
Research articles 2005-11-07
California Department of Housing and Community Development Announces Barstow Enterprise Zone: Open for Business
BARSTOW, Calif. -- Business, Transportation and Housing Agency Secretary Sunne Wright McPeak today announced the designation of the Barstow Enterprise Zone, the third new designation since 1998. The Enterprise Zone Program is a statewide initiative to create more jobs and more economic opportunity in California communities. "California Enterprise Zones...
Tags: California, job, Transportation, U.S. Department of Housing
Research articles 2005-11-09
Builder Takes Advantage of New Enterprise Zone in Arizona. (Originated from The Phoenix Gazette)
Feb. 24--Stretching from west Phoenix to the Yuma County line, the state's largest and newest enterprise zone is helping bring more jobs to the area. Feb. 24--Stretching from west Phoenix to the Yuma County line, the state's largest and newest enterprise zone is helping bring more...
Tags: Phoenix Technologies
Research articles 1994-02-24
New enterprise zone bill lacking, most sides say. (Senate Bill 19)
The new enterprise zone bill that Gov. Voinovich plans to sign into law seems typical of most compromises -- no side of the issue is entirely happy with it. The legislation, Senate Bill 19, which was approved April 1 by the Ohio Senate, will restructuThe new...
Tags: school district, U.S. Senate
Research articles 1994-04-11
ENTERPRISE ZONE: How to take on big firms... and win!!
M2 PRESSWIRE-7 August 1998-ENTERPRISE ZONE: How to take on big firms... and win!! C1994-98 M2 COMMUNICATIONS LTD RDATE:050898 -- Stelios Haji-Ioannou, Chairman of easyJet, gives advice on keeping competitive in live Internet chat On Wednesday 12 August, easyJet boss Stelios Haji-Ioannou will be available...
Tags: easyJet Plc.
Research articles 1998-08-07
Australian Paper Firm Eyes California's Agua Mansa Enterprise Zone.(Originated from The Press-Enterprise, Riverside, Calif.)
COLTON, Calif.--Apr. 4--Recycling businesses continue to be attracted to the Agua Mansa Enterprise Zone in Riverside and San Bernardino counties where companies can get help with financing and employment. Latest to look at the zone is Visy Paper, an Australian-owned...
Tags: Press-Enterprise Inc.
Research articles 1997-04-04
TTCA Announces Winners of 2002 Enterprise Zone Excellence Awards; Awards Call Attention to Innovation, Creativity in the Economic Development Arena
Business Editors SACRAMENTO, Calif.--BUSINESS WIRE--Oct. 28, 2002 The California Technology, Trade and Commerce Agency TTCA congratulates the winners of this year's Enterprise Zone Excellence Awards, announced recently at the California Association of Enterprise Zones 2002 Annual Conference in Santa Ana. The nine winners received the awards October...
Tags: Shasta Inc.
Research articles 2002-10-28
California Business, Transportation and Housing Agency and the California Department of Housing and Community Development Announces Imperial Valley Enterprise Zone: Open for Business
Department of Housing and Community Development:WHO: Business, Transportation and Housing Agency Deputy Secretary for Jobs and Economic Development Yolanda Benson and Deputy Secretary for Legislation Curt Augustine ...
Tags: agency, FINANCE, job, secretary, Taxes, Transportation, U.S. Department of Housing
Research articles 2005-11-06
California Business, Transportation and Housing Agency and the California Department of Housing and Community Development Announces Barstow Enterprise Zone: Open for Business
California Department of Housing and Community Development:WHO: Business, Transportation and Housing Agency Deputy Secretary for Legislation Curt Augustine WHAT: Announces Enterprise Zone Designation for Barstow WHEN: Wednesday, November 9, 11:00 a.m. WHERE: Valmont Newmark 3970 Lenwood...
Tags: agency, California, FINANCE, job, Taxes, Transportation, U.S. Department of Housing
Research articles 2005-11-08
Colorado Senators Pass Rural Enterprise Zone Bill.
By Tom McAvoy, The Pueblo Chieftain, Colo. Knight Ridder/Tribune Business News May 2--DENVER--The Colorado Senate voted 26-9 Wednesday for a rural enterprise zone bill aimed at economic development in traditionally agricultural areas. Sen. Mark Hillman, R-Burlington, carried HB1161 through the Senate,...
Tags: Colorado, FINANCE, job, Sen., Taxes, U.S. Senate
Research articles 2002-05-02
Chamber Hails Designation of Harrisburg, Pa., as a Regional Enterprise Zone.
By Tom Dochat, The Patriot-News, Harrisburg, Pa. Knight Ridder/Tribune Business News Dec. 19--During a back-slapping salute to economic development achievements over the past year, the Harrisburg Regional Chamber Wednesday had an even bigger reason to celebrate at its annual luncheon. ...
Tags: M&T Bank Corp., Transportation Security Administration
Research articles 2002-12-19
Enterprising Businesses Zone In On Savings
Empowerment zone, enterprise community and enterprise zone—these sound like similar names for government initiatives that either boost investment in impoverished communities or rehabilitate decayed city neighborhoods. Companies and site-selection consultants have always considered multiple criteria to determine the site. Now, with so much cash and incentives on the table, they...
Tags: Tax Credit, Empowerment Zone, Taxes, Free Trade, Financial Planning, Finance
White papers 2000-12-01
State Enterprise Zones And Local Housing Markets
In the past two decades, more than 40 states have implemented enterprise zone programs to encourage business activity and revitalize distressed communities. Previous evaluations predominantly at the zone or state level on the impact of these programs have been inconclusive. Property values are an ideal outcome measure, since any wealth...
Tags: Fannie Mae, Housing Market, Impact, Property Value
White papers 2003-01-01
California Department of Housing and Community Development Announces Three Finalists for Enterprise Zone Designation
SACRAMENTO, Calif. -- Department of Housing and Community Development Director Lucetta Dunn today announced three communities as finalists for designation as California Enterprise Zones -- a statewide program to create more jobs and more economic opportunity in California. "California Enterprise Zones give communities a chance to unleash their economic...
Tags: California, director, job, U.S. Department of Housing
Research articles 2005-03-10
Enterprise zone grants opportunities for Roanoke, Va., businesses.
By Duncan Adams, The Roanoke Times, Va. Knight Ridder/Tribune Business News Dec. 2--They're in the zone. Fleet Transmissions on Roanoke's Williamson Road moved from contemplation of renovations to fix-up realization after company officials learned the city would help foot...
Tags: The Roanoke Times
Research articles 2004-12-02
Tax incentives for businesses in distressed communities: businesses in designated distressed areas are entitled to various tax incentives. This article provides an overview of the incentives available in designated empowerment zones and enterprise and ren
EXECUTIVE SUMMARY * Businesses in designated EZs and RCs may be eligible for an employment credit, increased Sec. 179 expensing, tax-exempt bond financing and other tax incentives. * A capital gain deferral applies to purchased EZ assets; a 60% exclusion applies...
Tags: Agriculture, asset, bond, deduction, exclusion, FINANCE, incentive, salary, Sec, Taxes
Research articles 2007-05-01
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