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Encompassed in the heart of the Power Inn Alliance Area is the new Sacramento, Clean Tech Zone (formerly the Florin-Perkins Enterprise Zone), home to Sacramento’s newest clean and green technology enterprises.
Businesses who reside in the Clean Tech Zone are eligible for many benefits including:
- State of California Enterprise Zone programs (or Foreign Trade Zones)
- Below-market-rate revolving loan program for recycling (RMDZ)-eligible activities
- Free product marketing
- Green Technology Small Business Loan programs
- Expedited customer service by the Development Services Department
- Redevelopment Funds
- Small Business Administration (SBA) loans, Industrial Revenue Bonds, and Venture Capital Funds
- Sales tax credits on qualified property
- 100% net operating loss carryovers available up to 15 years
- Rapid depreciation of equipment
- Wage tax credits for hiring eligible employees
- Financing assistance & hiring assistance through Sacramento Works!
- Job Training Funds
- Duty-free treatment for items that are processed in foreign trade (FTZ) then exported
- Deferred duty payment on items sold in U.S. market
For more information and benefits, call City of Sacramento – Economic Development Department (916) 808-7223.
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