ENTERPRISE ZONE STATUS
BENEFITING BUSINESSES FROM:
BUSINESS RATE DISCOUNT
SUPER FAST BROADBAND
In 2015 it was announced that New Anglia Local Enterprise Partnership and its local authority partners had secured one of the Government’s prestigious new Enterprise Zones, which will help to create a further 18,500 jobs in the 25 year lifetime of the zone, including 5,000 jobs by 2021.
Enterprise Zones deliver a wide range of benefits to companies including a business rate discount of up to £275,000 over five years, simplified planning and access to Superfast broadband.
The second wave of zones has been developed across 10 locations in Suffolk and Norfolk, under the theme of “Space to Innovate.” Each site will focus on the counties’ key innovation sectors and supply chains where it has specialist expertise and knowledge. This includes world-leading agritech, food and health, offshore energy, ICT and digital and creative sectors and the development of the Green Economy.