I-99 KIZ Companies Benefit from over $560,000 in Tax Credits

by | Dec 20, 2018 | News

On Dec. 18, Gov. Tom Wolf announced that 255 emerging businesses in the Commonwealth were approved for just under $15 million in tax credits. Eight Centre County businesses and six Blair County businesses were among those receiving tax credits for a combined total of $560,856.

“Keystone Innovation Zones provide a network of support and resources to early stage companies,” said Jennifer Myers, KIZ Coordinator for the I-99 Innovation Corridor. “The program provides much needed working capital for companies working toward commercializing innovative technology and that often face many challenges in getting their businesses off the ground.”

Blair County has a number of geographic zones spread throughout the county that qualify for KIZ Tax Benefits. To learn more about the program in Blair County contact Matt Fox at mattf@blairalliance.org

The following Blair County companies were approved for KIZ tax credits:

  • Adiaon, LLC – Blair County
  • Railroad City Brewing Company – Blair County
  • The Mid-State Solutions Group, LLC – Blair County
  • Nova 6, LLC – Blair County
  • Depiro Entertainment – Blair County
  • Ascribo, LLC – Blair County

The Centre County awardees are; Piezo Energy, Aleo BME, Impulse Technology, EXH, Nittany Laser, ColumnTek, Solid State Ceramics and Solid Dynamics.

For more information about the Keystone Innovation Zone program, visit www.dced.gov/keystone-innovation-zone-tax-credit-program.

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