CleanTech Zone
A Hub for Opportunity
The City has dedicated an area located off Highway 50 and near the Army Depot to cultivate growth of clean technology and green energy industries. This untapped opportunity provides many incentives for clean tech/green companies wanting to locate in Sacramento.
Your business can receive expedited permitting provided by Development Services Department and eligible companies may receive redevelopment and job training funds offered by our regional partners. In addition, all companies may be eligible for Small Business Administration (SBA) loans, Industrial Development Bonds (IDB) and venture capital funds.
Other benefits include:
Enterprise
- Sales tax credits on qualified property
- Wage tax credits for five years for hiring eligible employees
- 100 percent Net Operating Loss Carryovers available up to 15 years
- Rapid Depreciation of Equipment
- Financing Assistance, Hiring Assistance through Sacramento Works!
Foreign Trade (FTZ)
- Duty-free treatment for items that are processed in FTZs and then exported
- Duty payment is deferred on items until they are brought out of the FTZ for sale in the U.S. market
Recycling (RMDZ)
- Below-market-rate revolving loan program for RMDZ-eligible activities
- Free product marketing
Green Technology Small Business Loan Programs
- Industry-targeted SBA 7(a) loans available through Grow Sacramento Fund
- Zone-allocated SBA 504 loans available through Greater Sacramento Community Development Corporation
- Community Development Block Grant funds to be available at very favorable terms for eligible businesses
Specialized Business Financing Programs
- City-issued industrial development bonds
- Redevelopment “tax increment” funds available within Sacramento Army Depot at extremely favorable terms
Contact Economic Development for more information.
