Enterprise zones

Within the South East Midlands area, we have two Enterprise Zones: Northampton EZ and London Luton Airport EZ. Incentives are offered to businesses that locate onto a Zone including business rate relief or enhanced capital allowances. EZs unlock key development sites and business rates generated by EZs are used by the Local Enterprise Partnership and Local Authority to reinvest in local economic growth. SEMLEP’s Enterprise Zones report directly into SEMLEP’s Board. 

Northampton Enterprise zone

In 2011 SEMLEP received government backing to launch the Northampton Waterside Enterprise Zone and regenerate nearly 120 hectares of brownfield land along the town’s river front.  This has helped to transform a large area of previously under-developed land in Northampton and has, to date, attracted £320million of private sector investment.

19 regeneration projects are complete, including:

A total of 2689 jobs have been created in the area as well as 53 new businesses (cumulative total to June 2017).

For full details about the Enterprise Zone, including benefits for business, including rate relief and business support visit the Northampton EZ website.

London Luton Airport limited Enterprise zone

Luton Borough Council in partnership with SEMLEP and London Luton Airport Limited is leading the London Luton Airport Enterprise Zone development. The site will attract businesses from aerospace, engineering and advanced manufacturing sectors, specialist airline support and operations services and associated leisure, hotel and catering businesses. The EZ will create over 7,200 jobs, with 10,000 additional jobs as a result of the redevelopment.

The Enterprise Zone is made up of three sites surrounding or connected to London Luton Airport:

For more information visit Think Luton or London Luton Airport.