Cheshire Science Corridor Enterprise Zone rates discounts
Central government introduced enterprise zones to stimulate business growth in particular areas. Incentives to attract businesses include discounts on business rates.
The Cheshire Science Corridor Enterprise Zone has sites at Alderley Park, Birchwood, Warrington and Ellesmere Port (including Thornton Science Park).
To get a discount, your business must be either science-based or supporting the wider science-based industry supply chain and you must enter the zone between 1 April 2016 and 31 March 2022. You must also be able to show the business is capable of growing one or more of the following by at least 20% over five years:
- size of premises occupied
- jobs provided
Enterprise zone discounts are discretionary, which means you aren't guaranteed to get one even if you meet the conditions.
Discount you can get in the Science Corridor Enterprise Zone
Discounts can be up 100%. There is a maximum discount of £55,000 per year and £275,000 over a five year period.
How to apply for Science Corridor rates discounts
You can see further details about sites, eligibility and how to apply in the Cheshire Science Corridor guidance notes (PDF, 1.4MB).
You can also find out more at the Cheshire Science Corridor website and download the business rates discount application form (PDF, 155KB).
Decisions about discounts are made by the Cheshire Science Corridor Enterprise Zone steering group. This steering group includes representatives from the Enterprise Zone, the Cheshire and Warrington Local Enterprise Partnership (LEP), and the three councils involved - Cheshire East, Cheshire West and Chester, and Warrington.
Renewing Science Corridor rates discounts
Discounts are given for a year at a time. You must reconfirm eligibility each year.