THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Friday, February 3, 1995 TAG: 9502010113
SECTION: CHESAPEAKE CLIPPER PAGE: 08 EDITION: FINAL
TYPE: COMMUNITY NEWS
LENGTH: Short : 26 lines
NationsBank and the Greater South Norfolk Business Consortium will sponsor a workshop on the Enterprise Zone program from 6 to 8 p.m. Feb. 9 at South Norfolk Memorial Library, 1100 Poindexter St.
The Enterprise Zone is an economically distressed area of a city designated by the governor, in which special tax incentives and regulatory relief are offered to encourage new business or the expansion of existing businesses. The designation remains in effect for 20 years.
Chesapeake's Enterprise Zone is located along Campostella Road and Atlantic Avenue.
The free workshop will discuss qualification requirements, types of taxes eligible for reduction and the process of applying for benefits. Registration and additional information are available by calling 523-1100. by CNB