WHAT IS AN ENTERPRISE ZONE:

An Enterprise Zone is a defined geographic area in which economic incentives are made available to new and

existing businesses that expand through capital investments and/or job creation. Nearly 4,200 acres in Washington

County are within three state-designated Enterprise Zones. Each Zone is approved by the State of Maryland for a

10 year period

HANCOCK ZONE

Approved in 1995 and extended for an additional 10 year period, this 1,500 acre zone surrounds the Town of

Hancock, stretching from the Pennsylvania border to the Potomac River. The Zone includes commercial and

industrial development opportunities in selected areas of town, as well as commercial frontage along Main Street.

CREDITS AVAILABLE

To qualify for benefits, a business must be located in a zone, and meet the minimum requirements for job creation

or capital investment of $5,00 or more(construction/rehabilitation of real property) and/or create one(1) or more

new jobs (permanent full-time positions)

Copy of above brochure and other information can be obtained at the Town Office, 126 West High Street.

The area Enterprise Zone Administrator is:

Sonya Hoover

100 West Washington Street, Room 103

Hagerstown, Md 21740

240-313-2280

www.hagerstownedc.org

info@hagerstownedc.org