Contact - Mary A. Hansen
Enterprise Zone Manager

530/741-6463 or fax 530/742-7835
mhansen@syix.com

BACK TO HOME
 
For immediate release, Monday, November 17, 2003
 

ENTERPRISE ZONE RECEIVES STATE AWARD

 

The Yuba-Sutter Enterprise Zone received state recognition at the annual California Association of Enterprise Zones (CAEZ) conference held recently in Pasadena, California. Under the Marketing category, Yuba-Sutter was awarded the 2003 Zone Excellence Award for “Best Marketing Campaign or Tool.”

The award proposal focused on the successful marketing campaigns of the Zone and its partners that have resulted in ten (10) new manufacturing businesses locating within the Airport’s Industrial Parks, Yuba County’s first retail establishment in 20 years, and successful partnerships with the Yuba & Sutter Counties One Stop Centers. In particular, the proposal addressed the assistance provided by Sutter County’s Career Training and Education Center (CTEC) and Yuba County’s One Stop Business Services Division in their efforts to help businesses like Sonic in Yuba City and Wal-Mart in Linda take advantage of substantial tax credits based on hiring individuals from Yuba & Sutter Counties. These two projects resulted in the employment of over 370 people. The One Stop Centers assisted the businesses in not only attracting potential employees and providing tax credit vouchering services, but also provided facilities for the businesses to conduct their job interviews and related activities.

Enterprise Zones continue to bring a significant net benefit to the state of California. As a result of an independent cost-benefit analysis study, the return on the State program’s investment is 1.35 times the State cost. In the year 2002 alone, the State realized a net gain of $249 million!
Since the Zone Excellence Program was established, Yuba-Sutter has received six awards: 1998 – Best Overall Marketing Program; 1999 – Most Innovative Vouchering System; 1999 – Success Story of the Year (small city); 2000 – Innovative/Financing Incentive Program, 2001 – Best Enterprise Zone Website, and 2003 - Best Marketing Campaign or Tool.

More information about the zone program can be gained by accessing the Zone’s website at www.yubasutterez.com or contact the Zone Manager at 741-6463.


 

Zone Info  |  Zone Map  |  Hiring Credit   Tax Forms  |  Address Ranges  |  Incentives  |  Contact Us  |  Links  |  Home