enterprise zones

Enterprise Zones are designated areas within a city or region where governments offer tax incentives and other benefits to encourage businesses to invest and create jobs. These incentives may include tax breaks, reduced regulations, or grants. The goal is to stimulate economic growth, attract new businesses, and revitalize struggling communities. By making it more financially attractive for companies to operate in these zones, local economies can benefit through job creation and increased economic activity, ultimately enhancing the quality of life for residents.