Economic Development Incentives
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Economic Development
Office of the Mayor and City Manager
2600 Fresno St
Fresno, CA 93721
559-621-8350
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Economic Development Incentives

If your business is growing, expanding, or locating in the City of Fresno, you might want to look at the resources the City of Fresno makes available to help your company grow. The City offers several incentives to assist qualifying businesses.

  • PG&E Enhanced Economic Development Rate (E-EDR) - For qualifying businesses expanding or locating in Fresno or Fresno County, Pacific Gas & Electric offers a reduction of industrial electrical rates of up to 30% for up to five years.
  • Foreign Trade Zone - businesses that import or export a significant amount of materials or product in a Foreign Trade Zone are able to delay, reduce, or eliminate customs duties on imported goods. Merchandise stored, manufactured, or assembled within the zone area is considered to be international commerce.
  • State Enterprise Zone Program - This program offers numerous tax incentives for businesses located within the zone boundaries who hired new employees or purchased equipment before December 31, 2013. Visit the program website for additional information. Please note the Enterprise Zone was officially abolished by the State of California as of December 31, 2013. However, companies may apply for program tax credits for employees hired and equipment purchased prior to that date. The deadline to apply for the retroactive credits is October 1, 2014.
  • New State Hiring Tax Credit Program - This program, effective January 1, 2014, is administered by the California State Franchise Tax Board. It provides eligible employers with a tax credit of up to $56,000 (over five years) for each qualified new employee they hire. The state also offers additional programs that can potentially reduce sales tax for new equipment purchases.
  • Historically Underutilized Business Zone (HUBZone) - This program, administered by the U.S. Small Business Administration (SBA), is designed to stimulate economic development and create jobs in urban and rural communities by providing Federal contracting preferences to small businesses. The HUBZone applies to qualified small businesses, located within the zone’s boundaries, with at least 35% of their employees residing in a HUBZone. The City of Fresno’s HUBZone is defined by qualified census tracts.

For more information on any of these programs please contact the Office of Economic Development at econdev@fresno.gov or  (559) 621-8000.