"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."
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.