Date of Issue: Friday, April 24, 2020 Close Date: Friday, May 22, 2020 Contract Period: July 1, 2020 through June 30, 2021 Overview The Keystone Innovation Zone Tax Credit Program is a key component of the Keystone Innovation Zone (KIZ) Program. The KIZ Program, established in 2003, creates designated geographic zones to foster innovation and create entrepreneurial opportunities by aligning the combined resources of educational institutions and the private sector. 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. KIZ Tax Credits can be used to offset certain state tax liabilities. This innovative program also contains a tradability component crucial to young companies that have little or no tax liability. The institutions of higher education and research institutions that jointly sponsor the Greater Susquehanna Keystone Innovation Zone (hereinafter “sponsoring institutions”) are seeking a qualified nonprofit organization which is not an institution of higher education to serve as the Keystone Innovation Zone Coordinator for the Greater Susquehanna KIZ. Key Responsibilities Responsibilities to KIZ Companies
Reporting to PA DCED
Reporting to Sponsoring Institutions & Rural Business Innovation
PA DCED Statement of Work Responsibilities of a KIZ Coordinator
Zone Administration
Contract Payment & Renewal
Proposal Submittal Proposals should be inclusive of a description of how applicant would plan to fulfill each key responsibility, background of relevant experience, staff capacity, and contract cost. Proposals should be submitted in PDF format via email to dknorr@bloomu.edu no later than 4:00 PM on the RFP due date. Questions
Questions about this RFP can be submitted via email to Dan Knorr, RBI Board of Directors President, at dknorr@bloomu.edu or by calling 570-389-4655.
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