Opportunity Now: Jan. 29 Opportunity & Entrepreneurship Summit in Flint

Summary: The Opportunity Zones incentive is a new community investment tool established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments and stimulate economic development and job creation low-income neighborhoods.

Join the U.S. Small Business Administration, federal, state and city agencies in a discussion on unleashing Opportunity Zones’ economic potential in Michigan, including opportunity funds, investments and business development. Lenders, federal contractors, small business owners and entrepreneurs are encouraged to attend!

Background Information: In 2017, President Trump signed the Tax Cuts and Jobs Act, which established Opportunity Zones to incentivize long-term investments in low-income communities across the country. These incentives offer capital gains tax relief to investors for new investment in designated Opportunity Zones.

Opportunity Zones are anticipated to spur $100 billion in private capital investment. Qualified Opportunity Zones retain this designation for 10 years. For more information on Opportunity Zones, please visit OpportunityZones.gov.

Date: Wednesday, January 29, 2020

Time: 8:30 a.m. - 2:15 p.m.

Location:

Kettering University

International Room-5th Floor of Campus Center

1700 University Drive

Flint, Mi 48504

Registration for this event is required and is by invitation only. If you were sent this email by another entity other than the U.S. Small Business Administration, please email sean.gray@sba.gov to confirm attendance.