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Nevada wants to create Innovation Zones

Photo credit: Marina Monroe/Pexels

The border controversy around the United States has always been a touchy subject. England, France and Spain have claimed areas in North America for three centuries. Even now, the border agreement between Texas and Mexico can start an argument in minutes. And now Nevada has decided to “enter the chat.” Only in the case of the Silver State, their goal is to create separate “local” governments within the state. Why? They want to establish new business areas focused on tech companies.

In his 2021 State of the State address via Zoom in late February, Nevada Governor Steve Sisolak discussed recent plans for Innovation Zones “centered around groundbreaking technologies.” If he gets it his way, these regions will be created without tax abatements or financial incentives.

The zones would permit companies with large areas of land to form governments carrying the same authority as counties do (i.e. taxes, school districts and courts, and government services).

In order to qualify, tech companies must span at least 78 square miles (202 square kilometers) of undeveloped, uninhabited land. The business tech areas must focus on artificial intelligence, autonomous technology, biometrics, blockchain, the Internet of Things, renewable resource technology, robotics and wireless.

According to KTVN, reactions from this potential community has been met with “intrigue and skepticism from Nevada lawmakers.” While it may positively influence Nevada’s tourism-dependent economy, others are worried about how companies will properly provide health care and education offers.

As of now, ideas continue to circulate, but no serious initiatives have been confirmed to build these zones.

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