An enterprise zone is an area, usually a depressed or inner-city area, where the government offers incentives in order to attract new businesses.
[business]
Because it is in an enterprise zone, taxes on non-food items are 3.5% instead ofthe usual 7%.
enterprise zone in British English
noun
a designated zone in a depressed area, esp an inner urban area, where firms are given tax concessions and various planning restrictions are lifted, in order to attract new industry and business to the area: first introduced in Britain in 1981
enterprise zone in American English
a depressed urban area in which employers receive tax reductions or other incentives for establishing businesses and employing the disadvantaged