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Business Incentives | DMPED | Doing Business 2.0
Business Incentives | DMPED | Doing Business 2.0
Business Incentives | DMPED | Doing Business 2.0
Business Incentives | DMPED | Doing Business 2.0
Business Incentives | DMPED | Doing Business 2.0
Business Incentives | DMPED | Doing Business 2.0
Business Incentives | DMPED | Doing Business 2.0
Business Incentives | DMPED | Doing Business 2.0
Business Incentives | DMPED | Doing Business 2.0
Business Incentives | DMPED | Doing Business 2.0
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Business Incentives | DMPED | Doing Business 2.0

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The Deputy Mayor's Office for Planning & Economic Development gave an overview of some of the major incentives available to DC businesses and technology companies at the Washington, DC Economic …

The Deputy Mayor's Office for Planning & Economic Development gave an overview of some of the major incentives available to DC businesses and technology companies at the Washington, DC Economic Partnerships Doing Business 2.0 seminar (6/12/13).

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  • Anybody interested to join BOSSVENTURE - Seat & Relax to generate income. Please do not hesitate to SMS / Whatsapp or Wechat me 014-3992523. I will try my best to explain to u from A-Z. Have a nice day everyone, NOW EVERYONE CAN BE A BOSS :D

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  • Welcome to Washington DC
  • Walk through packet
  • Transcript

    • 1. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentBusiness IncentivesJenifer BossJenifer.Boss2@dc.govWASHINGTON, D.C.WASHINGTON, D.C.
    • 2. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentGOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentMany Resources Available to District BusinessesMany Resources Available to District BusinessesCAPCO’s Venture funding for District-based businessesSmall BusinessResource Center Assistance navigating the District’s business regulationsBusinessIncentivesDesigned to build tax base and create jobs for DistrictresidentsDept. ofEmploymentServicesNo-cost assistance with hiring and training employeesBusinessIncubators Flexible office space, technical assistance
    • 3. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentGOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentFour Business Incentives Discussed TodayFour Business Incentives Discussed TodayDC Tech IncentivesSupermarket Tax CreditWork Opportunity Tax CreditIndustrial Revenue BondsOne-page overviews available for each incentive
    • 4. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentGOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentDC Tech Incentives– Benefits for High Tech CompaniesDC Tech Incentives– Benefits for High Tech CompaniesDC Tech IncentivesSupermarket Tax Credit• 5 year exemption from corporate income tax• New hire credits up to $10,000• Relocation reimbursements up to $7,500 per person• 10-year abatement on personal property taxes• Exemption from sales tax on hardware and softwarepurchasesWork Opportunity Tax CreditIndustrial Revenue Bonds
    • 5. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentGOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentSupermarket Tax CreditSupermarket Tax CreditDC Tech IncentivesSupermarket Tax CreditWork Opportunity Tax CreditIndustrial Revenue Bonds• 10-year abatement on real property taxes• 10-year abatement on personal property taxes• Abatement of sales and use taxes during construction• 10-year exemption from license fees
    • 6. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentGOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentIndustrial Revenue BondsIndustrial Revenue BondsDC Tech IncentivesSupermarket Tax CreditWork Opportunity Tax CreditIndustrial Revenue Bonds• Low interest loans for property acquisition and interiorimprovements• Capital expenditures must exceed $2 million• Available for 501 (c)(3) in the District of Columbia• Available for manufacturers within the DC Enterprise Zone
    • 7. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentGOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentWork Opportunity Tax CreditWork Opportunity Tax CreditDC Tech IncentivesSupermarket Tax CreditWork Opportunity Tax CreditIndustrial Revenue Bonds• Federal tax credit for employers who hire veterans• Employers generally can earn a tax credit equal to 25% or40% of a new employees first-year wages• The maximum tax credit ranges from $1,200 to $9,600• http://www.doleta.gov/business/incentives/opptax/eta_default.cfm
    • 8. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentGOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentDC Business Incentives MapDC Business Incentives Mapwww.dcbiz.dc.gov
    • 9. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentGOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentFor More Information…For More Information…Jenifer BossDirector of Industry Sectors, BusinessDevelopment UnitOffice of the Deputy Mayor forPlanning and Economic DevelopmentJenifer.Boss2@dc.govwww.dcbiz.dc.gov
    • 10. GOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentGOVERNMENT OF THE DISTRICT OF COLUMBIAExecutive Office of the MayorOffice of the Deputy Mayor for Planning and Economic DevelopmentFor More Information…For More Information…Jenifer BossDirector of Industry Sectors, BusinessDevelopment UnitOffice of the Deputy Mayor forPlanning and Economic DevelopmentJenifer.Boss2@dc.govwww.dcbiz.dc.gov

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