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Sussex County Opportunity Zones Workshop

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Delaware Technical Community College - Jack F. Owens Campus - Georgetown

21179 College Drive

Carter Partnership Center, Rooms 540 A&B

Georgetown, DE 19947

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In an effort to ignite more business development in Sussex County, the Sussex County Office of Economic Development is hosting a free workshop on the five new Opportunity Zones recently designated in Sussex County, set for Friday, March 22 at 9 a.m. in Rooms 540 A&B in the Carter Partnership Center at Delaware Technical and Community College in Georgetown. Parking is free.

The agenda for the workshop includes:

8:30 a.m. – Networking and light refreshments;

9 a.m. -- Welcome by Bill Pfaff, Director of the Sussex County Office of Economic Development;

9:10 a.m. -- “What are Qualified Opportunity Zones and What Are the Options?” presented by Patricia Cannon, MSM, AZS, Director of Special Projects for the Delaware Department of State.

10:10 a.m. -- “The Accounting Side of Opportunity Zones as of Today" presented by Myunghee Geerts, CPA, MBA, Principal with Cover & Rossiter, CPA firm.

The five Opportunity Zones, part of 25 zones statewide recently designated by the U.S. Department of Treasury, include Milford, Georgetown, Laurel and two in Seaford. Opportunity Zone designation means that investors are eligible for federal tax incentives in these low-income and economically-depressed areas.

Designation of the Zones will bolster ongoing community development efforts and encourage additional private investment. As a result, qualified investors will become eligible for federal tax incentives,

“As growth continues to move westward in Sussex County,” said Economic Development Director Bill Pfaff, “These new incentives will help make central and western Sussex County the new frontier.”

Pfaff said that other incentives, such as the County’s new Economic Development Zones and the Downtown Development District, can be stacked to make investing in the designated areas even more beneficial.

For more information about Delaware Opportunity Zones: https://business.delaware.gov/opportunity-zones/

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Date and Time

Location

Delaware Technical Community College - Jack F. Owens Campus - Georgetown

21179 College Drive

Carter Partnership Center, Rooms 540 A&B

Georgetown, DE 19947

View Map

Refund Policy

Contact the organizer to request a refund.

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