Enterprise Zone/Non-Profit Project Application
The purpose of the Enterprise Zone Non-profit Program is to encourage non-profit organizations to develop projects that have a positive community and economic impact in rural Enterprise Zone Areas
Enterprise Zone Non-Profit Application Process Calendar:
Eligible non-profit organizations must apply to the Governor’s Office of Economic Development (GOED) on or before July 1, 2018.
The Governor’s Office of Economic Development (GOED) will review each application received by July 1, 2018, and will submit eligible applications to the Governor’s Rural Partnership Board on or before August 1, 2018.
The Governor’s Rural Partnership Board will review eligible applications and, on or before September 1, 2018, they will provide a list of approved projects to the GOED office along with the assigned amount of non-profit contribution tax credits available (the “allocation cap”) to potential claimants that make contributions toward each approved project.
Upon project approval, GOED will provide the non-profit corporation with a document describing the approved amount of non-profit contribution tax credits (allocation cap) available to potential (tax credit certificate) claimants who make contributions to the non-profit corporation for an approved project, along with the non-profit corporation's requirements for post-performance reporting to the office and filing instructions for claimants to receive a tax credit.
For further legal description of the Enterprise Zone Non-profit Program please refer to State Code 63N-2-213.5
Please contact Linda Gillmor, firstname.lastname@example.org with any questions or concerns regarding the Enterprise Zone/Non-Profit program. Please contact Jaron Janson, email@example.com, for technical assistance with this application.