INCENTIVES & OPPORTUNITY ZONES
OPPORTUNITY ZONES
The Arizona Commerce Authority supports Opportunity Zones, a federal program designed to drive long-term investment in economically distressed areas. Arizona boasts over 160 designated Opportunity Zones, offering investors significant tax advantages, such as deferred or reduced capital gains taxes, when they invest in these areas.
This program fosters economic growth, job creation, and community revitalization while delivering attractive incentives for investors. By collaborating with the ACA, businesses and investors can leverage these opportunities to make a meaningful impact and achieve sustainable returns.
INCENTIVES
The Arizona Commerce Authority (ACA) offers a wide range of incentives designed to support business growth and innovation. These include tax credits, grants, and funding programs for businesses of all sizes. Key incentives include the Qualified Facility Tax Credit, the Angel Investment Tax Credit, and the Arizona Innovation Challenge, which provides funding to startups.
The ACA also supports workforce training initiatives and offers resources to help businesses expand, relocate, or scale their operations in Arizona.
If you are interested to learn more about Lake Havasu City incentives & opportunity zones, contact James Gray: jamesgray.lhc@gmail.com