Opportunity Now: Jan. 22 Opportunity & Entrepreneurship Summit in Columbus, OH
Click HERE to Register and for Detailed Agenda
Date: Wednesday, January 22, 2020
Time: 8:30 a.m. – 1:45 p.m.
Location: The Lincoln Theater, 769 E Long St, Columbus, OH 43203
Summary: The Opportunity Zones incentive is a new community investment tool established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments and stimulate economic development and job creation low-income neighborhoods.
Join Ashley D. Bell, U.S. Small Business Administration, federal, state and city agencies in a discussion on unleashing Opportunity Zones’ economic potential in Ohio, including opportunity funds, investments, and business development. Lenders, federal contractors, small business owners, and entrepreneurs are encouraged to attend!
Ashley D. Bell is currently the White House Policy Advisor on Entrepreneurship and Innovation within the White House Office
of American Innovation. Ashley’s role is to actively promote federal resources available to American entrepreneurs as well as to support the opportunity for small business growth through America’s supply chains.
In addition to Ashley’s current detail to the White House, he was appointed on February 21, 2018 (also by the White House) to serve as Regional Administrator for the U.S. Small Business Administration for Region IV;
serving nine districts located in the 8 Southeastern States of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee. Regional Administrator Bell has oversight of over $5 billion in SBA-backed lending, the Counseling arm of the SBA, which counseled over 225,000 entrepreneurs last year in Region IV, and the contracting programs for small business, which account for over 23% of all federal contracts awarded.
As a small business owner and entrepreneur himself from the young age of 22, Mr. Bell is committed to the SBA’s mission to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.
Background Information: In 2017, President Trump signed the Tax Cuts and Jobs Act, which established Opportunity Zones to incentivize long-term investments in low-income communities across the country. These incentives offer capital gains tax relief to investors for new investment in designated Opportunity Zones.
Opportunity Zones are anticipated to spur $100 billion in private capital investment. Qualified Opportunity Zones retain this designation for 10 years. For more information on Opportunity Zones, please visit OpportunityZones.gov.
