Four businesses in Dauphin and Cumberland counties were awarded more than $300,000 through the state’s Keystone Innovation Zone (KIZ) tax credit program this month.
The companies to receive the tax credits in the Harrisburg Market are:
The KIZ program, administered by the Pennsylvania Department of Community and Economic Development, gives a cut of $15 million in tax credits to growing, young-technology companies.
The eligible businesses must be in a KIZ, have been in operation for less than eight years and operate within a technology-oriented business such as advanced manufacturing or bio-technology.
“KIZ tax credits can help foster young technology companies and transition them as their businesses grow,” said David Black, President and CEO of the Harrisburg Regional Chamber & CREDC, the designated coordinator for the Harrisburg Market KIZ. “These tax credits reward entrepreneurial thinking and help foster the growth and advancement of important technology industries in Central Pennsylvania.”