HARRISBURG – The Harrisburg Regional Chamber & the Capital Region Economic Development Corporation (Chamber & CREDC) received confirmation from the Pennsylvania Department of Community and Economic Development (DCED) that five Cumberland County companies and three Dauphin County companies were selected to receive Keystone Innovation Zone (KIZ) tax credits. The Chamber & CREDC are the administrators and coordinators of the Harrisburg Market KIZ.
KIZ tax credits are used to offset certain state tax liabilities and significantly contribute to the ability of young emerging growth companies to transition throughout the stages of growth. A total of $691,643 was awarded to eight companies in Cumberland and Dauphin counties. These companies are in the approved industry clusters including life sciences, and business technology solutions.