Sugar Creek Receives Approval of Enhanced Enterprise Zone
9 Aug, 2009
Department of Economic Development grants Enhanced Enterprise Zone designation to city of Sugar Creek
The Missouri Department of Economic Development (DED) has announced approval of Enhanced Enterprise Zone (EEZ) designation for Sugar Creek. This designation will allow city officials to continue to move forward with economic development efforts.
“For Missouri’s economy to get back on track, we are committing ourselves to creating good-paying jobs and encouraging economic development,” DED Director Linda Martínez said. “The Enhanced Enterprise Zone Program is a successful tool DED can bring to the table to assist Sugar Creek’s economic development efforts.”
The Enhanced Enterprise Zone program was implemented in 2004. Enhanced enterprise zones are specified geographic areas designated by local governments and certified by the Department of Economic Development. Zone designation is based on certain demographic criteria, the potential to create sustainable jobs in a targeted industry and a demonstrated impact on local cluster development.