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The Enterprise Zones

Enterprise Zones are establishing themselves as the driving force of local economies as they unlock key development sites, consolidate infrastructure, attract business and create jobs. Together with Business-ready infrastructure, straightforward planning processes and Clear financial benefits the opportunities to co-locate with your customers and supply chain are attracting world class businesses.

The Enterprise Zones

Clear financial benefits from day 1

Business Rates Relief*, Enhanced Capital Allowances* and more.

Co-locate with your customers

The easiest way to grow your business, increase your sales and reduce distribution
costs. Enterprise Zones are establishing themselves as the driving force of local economies as they unlock key development sites, consolidate infrastructure, attract business and create jobs.

A straightforward planning process

Need a new building to meet your business needs?
Simplified planning rules could save you time and money.

Business-ready infrastructure

Superfast broadband, easy access to transport links, and a local highly skilled labour pool.

What benefits does the Enterprise Zone offer?
Businesses that locate on the Enterprise Zone can access a number of benefits:

  • Up to 100% business rate discount worth up to £275,000 per business over a 5-year period.
  • Simplified Planning is currently available on some sites and is in progress on others.
  • Superfast Broadband will be available on site.
  • At Blackpool Airport Enterprise Zone and Hillhouse Technology Enterprise Zone separate areas have been incorporated for Enhanced Capital Allowances;
  • 100% Enhanced Capital Allowances (tax relief) to businesses making large investments in plant and machinery up to €125 million.

What are the Timescales to qualify?
Businesses that locate on the Blackpool Airport and Hillhouse Technology Enterprise Zones before March 2021 qualify for Business Rates Relief.

Where Enhanced Capital Allowances are available, businesses now have up to eight years from the launch of the Enterprise Zone to make their investment, to November 2023

Attracting Inward Investment
Nationally, Enterprise Zones are helping to attract more investment into the country, bringing jobs and businesses, delivering long-term, sustainable growth based on cutting-edge technology and enterprise.

Businesses are clustering around centres of excellence in key sectors within the Lancashire Advanced Engineering and Energy Cluster (LAMEC).

Since 2012 Enterprise Zones have attracted over £2.4 billion pounds of private sector investment, building world class business facilities and transport links and have attracted nearly 24,000 jobs.

*Only available at Blackpool Airport Enterprise Zone and Hillhouse Technology Enterprise Zone.

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