"The Opportunity Zones program is designed to incentivize patient capital investments in low-income communities nationwide. All of the underlying incentives relate to the tax treatment of capital gains, and all are tied to the longevity of an investor’s stake in a qualified Opportunity Fund, providing the most upside to those who hold their investment for 10 years or more." http://eig.org/wp-content/uploads/2018/02/Opportunity-Zones-Fact-Sheet.pdf http://eig.org/wp-content/uploads/2015/04/Unlocking-Private-Capital-to-Facilitate-Growth.pdf Hopefully both of these articles are useful tools for understanding why our group is seeking to creating a pool of funds to help promote entrepreneurship in Knowledge Park. This can be one of the most effective tools to give people a chance to start a business and to help start-ups get through funding gaps. Our group will continue discussing this at our meeting this afternoon.
