Oregon's Enterprise Zones exempt businesses from local property taxes on new investments. Sponsored by city, port, county, or tribal governments, an enterprise zone typically serves as a focal point for local development efforts. There are currently 74 enterprise zones creating better opportunities for business investment across Oregon: 57 rural and 17 urban. Local governments are responsible for creating, amending, managing, and renewing most of these zones until June 30, 2025.
For more information, please contact our Business Incentives Coordinator.
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Category: Oregon, Business, State
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The Oregon Business Expansion Program (BEP) is a cash-based incentive program based on the estimated increase in income tax revenue as a result of new hires from the expansion or relocation of a project. Funding is available to existing companies expanding operations in Oregon or...
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The Governor's Strategic Reserve Fund (SRF) is a discretionary tool used for a variety of projects impacting economic development. Projects considered for funding are put through an extensive internal vetting process and ultimately submitted to the Governor for final approval.
SRF funded projects fall...
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The Strategic Investment Program (SIP) offers a 15-year property tax exemption on a portion of large capital investments for projects developed by "traded sector" businesses.
Who is Eligible?
The SIP program is available for projects developed by "traded sector" businesses (??as defined in...
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