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Keystone Innovation Zone (KIZ) Tax Credit Program

An incentive program that provides tax credits to for-profit companies less than eight years old operating within specific targeted industries within the boundaries of a Keystone Innovation Zone (KIZ).  With a total pool of up to $15 million in tax credits available to KIZ companies annually, the KIZ tax credit program significantly contributes to the ability of young KIZ companies to transition through the stages of growth.

Applications must be submitted on or before September 15 of each year.

Tax credits must be applied against the tax liability of a KIZ company for the tax year in which the KIZ Tax Credit was issued. Unused KIZ Tax Credits may applied against the tax liability of the KIZ company for up to five years from date the KIZ Tax Credit is issued or may be reassigned/sold to another taxpayer.

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KIZ Coordinator for Chester and Delaware Counties

The Ideas x Innovation Network (i2n), an initiative of the Chester County Economic Development Council, serves as the KIZ coordinator for both Chester County and Delaware County.

For more information, contact

Marianne Stack