What is Opportunity Zone?

A definition of Opportunity Zone

“An opportunity zone is a designated area that encourages investment through tax benefits to stimulate economic development and job creation.”

Opportunity Zone in Business Glossary - What is an Opportunity Zone?

Business Glossary > What is Opportunity Zone?


Examples of Opportunity Zone in a Sentence:

Investing in an opportunity zone can lead to significant tax benefits.

The city has multiple opportunity zones to attract new businesses.

Developers are exploring projects within the local opportunity zone.

Why is Opportunity Zone Important in Business?

Opportunity zones matter because they promote economic growth in underserved areas by offering incentives, such as tax deferrals and exclusions, to investors. This can lead to infrastructure improvements, job creation, and increased economic vitality.

Know Your Niche Inside Out by Tomorrow: Learn everything you need to know about a niche from a report rushed to you in 24 hours, (or spend the next 3 weeks researching).

Associated Terms

Here are some associated business terms and synonyms for “Opportunity Zone”:

  • Enterprise Zone
  • Economic Development Zone
  • Investment Zone

Amazon Opportunity Zone

Amazon has invested in several opportunity zones by establishing warehouses and fulfillment centers, which have helped generate jobs and enhance local economic growth. The strategy aligns with Amazon’s interest in leveraging tax benefits while expanding infrastructure.

Final Notes on Opportunity Zone

When considering investment in an opportunity zone, it’s essential to analyze:

  • Potential tax benefits
  • Community impact
  • Long-term economic prospects

Understanding these elements can guide strategic decisions that benefit both investors and local communities.


This has been a definition of Opportunity Zone meaning.

Explore more from our Business Term Glossary for Entrepreneurs