VERNIER SOFTWARE & TECHNOLOGY COMPLETES EXPANSION INSIDE CITY OF BEAVERTON'S ENTERPRISE ZONE (PHOTO)
News Release from City of Beaverton
Posted on FlashAlert: October 8th, 2014 9:51 AM
Beaverton-based Vernier Software & Technology, the city's first Enterprise Zone applicant in 2012, recently completed its 16,000 sq. ft. expansion that will lead to nine new jobs.
The Enterprise Zone is a tool within designated areas of the city that encourages eligible businesses to make additional investments to improve employment opportunities, spur economic growth and diversify business activity. Eligible businesses locating or expanding in the Enterprise Zone receive an exemption from property taxes for three and up to five years.
"We're so proud that Vernier used our new Enterprise Zone to expand and grow family wage jobs in our community," said Mayor Denny Doyle. "The city is here to do all it can to help businesses grow and compete in their markets--and Vernier is the perfect example of a successful partnership with the city."
Vernier Software develops science software and instrumentation for K-12 classrooms as well as public colleges and universities with products sold domestically and internationally. For more than 30 years, the company has pioneered award-winning interfaces, sensors, software and curriculum that transform science education.
"Enterprise Zones lead to job creation," said Alma Flores. "Vernier is our first success and we expect many more Beaverton businesses will take advantage of this important tool."
According to Business Oregon, a study conducted in 2010 concluded that at least 7,000 new jobs were generated in 59 of Oregon's enterprise zones over a six year period.
The city's economic development program oversees the Enterprise Zone program and works directly with businesses to apply. For more information, please visit www.BeavertonOregon.gov/Ezone.
Beaverton is a welcoming and responsible city that enjoys one of the most diverse populations in Oregon. In 2014, Beaverton was again recognized as the safest city in the Pacific Northwest. Recently, the city's award-winning finance department received the Distinguished Budget Presentation Award as well as the Certificate of Achievement for Excellence in Financial Reporting. In 2012, the city was awarded the Mayors' Climate Protection Award from the U.S. Conference of Mayors. It was one of just four cities of its size recently recognized as a "Smarter City" energy leader by the Natural Resources Defense Council and one of the 100 Best Places to Live in America by Money magazine. In addition, Beaverton was named one of the best places to raise kids by BusinessWeek magazine, an All-America City finalist, as one of the top 25 Suburbs for Retirement by Forbes.com, one of the 100 Best Walking Cities in America by Prevention magazine, the Recycler of the Year from the Associat ion of Oregon Recyclers, a Tree City USA by the Arbor Day Foundation, a Bronze Award Bicycle Friendly Community designation by the League of American Bicyclists, and recognized as one of the Environmental Protection Agency's Green Power Communities. Lastly, the city's nationally acclaimed visioning program was named Public Involvement Project of the Year--Best Planning Project by the International Association of Public Participation (IAP2) Cascade Chapter and also received the prestigious 3CMA Award of Excellence.
For more information, reminders and community news, visit www.BeavertonOregon.gov. Also, follow Beaverton on Facebook at www.facebook.com/CityofBeaverton, or Twitter at www.twitter.com/CityofBeaverton.
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The Enterprise Zone is a tool within designated areas of the city that encourages eligible businesses to make additional investments to improve employment opportunities, spur economic growth and diversify business activity. Eligible businesses locating or expanding in the Enterprise Zone receive an exemption from property taxes for three and up to five years.
"We're so proud that Vernier used our new Enterprise Zone to expand and grow family wage jobs in our community," said Mayor Denny Doyle. "The city is here to do all it can to help businesses grow and compete in their markets--and Vernier is the perfect example of a successful partnership with the city."
Vernier Software develops science software and instrumentation for K-12 classrooms as well as public colleges and universities with products sold domestically and internationally. For more than 30 years, the company has pioneered award-winning interfaces, sensors, software and curriculum that transform science education.
"Enterprise Zones lead to job creation," said Alma Flores. "Vernier is our first success and we expect many more Beaverton businesses will take advantage of this important tool."
According to Business Oregon, a study conducted in 2010 concluded that at least 7,000 new jobs were generated in 59 of Oregon's enterprise zones over a six year period.
The city's economic development program oversees the Enterprise Zone program and works directly with businesses to apply. For more information, please visit www.BeavertonOregon.gov/Ezone.
Beaverton is a welcoming and responsible city that enjoys one of the most diverse populations in Oregon. In 2014, Beaverton was again recognized as the safest city in the Pacific Northwest. Recently, the city's award-winning finance department received the Distinguished Budget Presentation Award as well as the Certificate of Achievement for Excellence in Financial Reporting. In 2012, the city was awarded the Mayors' Climate Protection Award from the U.S. Conference of Mayors. It was one of just four cities of its size recently recognized as a "Smarter City" energy leader by the Natural Resources Defense Council and one of the 100 Best Places to Live in America by Money magazine. In addition, Beaverton was named one of the best places to raise kids by BusinessWeek magazine, an All-America City finalist, as one of the top 25 Suburbs for Retirement by Forbes.com, one of the 100 Best Walking Cities in America by Prevention magazine, the Recycler of the Year from the Associat ion of Oregon Recyclers, a Tree City USA by the Arbor Day Foundation, a Bronze Award Bicycle Friendly Community designation by the League of American Bicyclists, and recognized as one of the Environmental Protection Agency's Green Power Communities. Lastly, the city's nationally acclaimed visioning program was named Public Involvement Project of the Year--Best Planning Project by the International Association of Public Participation (IAP2) Cascade Chapter and also received the prestigious 3CMA Award of Excellence.
For more information, reminders and community news, visit www.BeavertonOregon.gov. Also, follow Beaverton on Facebook at www.facebook.com/CityofBeaverton, or Twitter at www.twitter.com/CityofBeaverton.
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