Humber region wins Enterprise Zone status

The Humber region has been awarded ‘enterprise zone’ status creatingsignificant financial incentives for new renewable energy businesses.

The zone will focus on attracting large manufacturing companies in the renewable energy sector with a view to creating further economic benefit and innovation in the associated supply chain.

New companies locating in enterprise zones are offered tax breaks funded by the Government including discounted business rates and enhanced capital allowances on plant and machinery, as well as a simplified planning process and super-fast broadband.

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