Enterprise Zones

Enterprise Zones deliver a wide range of benefits to companies including:

A business rate discount of up to £275,000 over five years

Simplified planning

Access to superfast broadband

For any queries regarding Enterprise Zones, contact Eunice by emailing [email protected].

To find out more about moving your business to the East, visit Norfolk & Suffolk Unlimited.

Space to innovate enterprise zone

The Space to Innovate Enterprise Zone comprises 10 sites across Norfolk and Suffolk. This multi-site zone will help to create 18,500 jobs over the next 25 years, with 5,000 new jobs delivered by 2021.

Norwich Research Park, Norfolk – One of the largest single-site concentrations of research in food, health and life sciences in Europe, Norwich Research Park has world-leading credentials to secure the UK’s position as the global leader in these emerging multi-billion pound sectors.

Suffolk Park, Bury St Edmunds – The EZ sits within a 68 hectare extension to the Suffolk Business Park, which is seeking to create a successful business environment for companies in the digital and new media, food and agriculture and high value manufacturing clusters.

Scottow Enterprise Park – a 26 hectare ex-RAF site on the northern edge of the Greater Norwich urban zone. The site provides a unique offering for grow on space, a private high voltage renewable electricity network and promises to be a strategic business location across the East and the UK.

Egmere Business Zone – a 7.4 hectare site situated to the south of port facilities at Wells-next-the-Sea, which has been established to support investment associated with the growing offshore renewables sector off the North Norfolk Coast.

Greater Ipswich, Suffolk – a cluster of sites (listed below) to support the delivery of the newly developed Ipswich Vision, the blueprint for the regeneration of the town:

Futura Park – a market-ready site in south east Ipswich with potential for up to 600,000 sq ft of new build units in 44 acres of superb landscaping.

Princes St Office District – the Princes Street corridor connects the railway station with the town centre and is a high priority area for employment growth in the Ipswich Vision.

Waterfront Island – The island site is an area of port land within the Ipswich Waterfront that is bounded by the Wet Dock and the tidal river. Ipswich Waterfront is a major investment area for the public and private sectors.

Sproughton Enterprise Park – a 14 hectare site between the A14 and Sproughton Road, in the Babergh district area. It provides excellent road links to the M25, Felixstowe Port, Cambridge and the Midlands.

Nar Ouse Business Park, King’s Lynn, Norfolk – a 15 hectare site on the southern edge of the town close to the A47, A10 and A17. The site is also home to the King’s Lynn Innovation Centre. Opened in June 2016, the £5m business hub was built with the aim of stimulating business growth, driving research and development and attracting new international businesses.

Stowmarket Enterprise Park, Suffolk – a 17 hectare Enterprise Zone which includes the existing Food Enterprise Zone, located on the edge of the town. The main theme of the Park will be agri-tech, food and health sectors as well as digital and media-based businesses.

GREAT YARMOUTH AND LOWESTOFT enterprise zone

There will be a £50 billion investment in the East of England energy sector in the next 20 years. The Great Yarmouth and Lowestoft Enterprise Zone has been established to maximise the opportunities in this sector.

The Enterprise Zone covers six sites in and around Great Yarmouth and Lowestoft. Its focus is growing energy-related businesses and creating high skilled jobs.

The sites are:

South Denes, Great Yarmouth

Beacon Park, Great Yarmouth

Mobbs Way, Lowestoft

Riverside Road, Lowestoft

South Lowestoft Industrial Estate

Ellough Business Park

Our Investment Map

Please click here to view the projects we have invested in so far. Click an area of the map to see the funding we have given within the selected area, as well as information on our Enterprise Zone sites.

Funding

You may be looking to launch new products or services, improve productivity and efficiency, or open up new markets. Whatever your ambitions, we stand ready to help.

Developing skills

New Anglia LEP is committed to supporting skills development across our region. Our aim is to support economic development while improving the life chances of people from all our communities. That means ensuring businesses have the skills to grow – and people have the skills for employment.

Want to know more about what we do?