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Contact:
Bill Murphy
www.MiddletownEDC.org
One Donham Plaza
Middletown, Ohio 45042
513-727-5320 phone
513-425-7921 fax

Our Mission:
To Increase employment, promote investment, and encourage economic growth and diversity in
Middletown Ohio.
 

Financial Incentives In Butler County
Enterprise Zone Administration
Enterprise Zone Map
Hub Zone Program
Frequently Used Programs
State of Ohio Incentives Program
Changes to Ohio's Commercial Activity and Major Tax Laws
 

In an effort to attract new business ventures to Middletown, and as a way to encourage expansion among its existing businesses, several areas within the city have been designated as enterprise zones. Any company wishing to locate in the enterprise zone can apply for a tax incentive package to reduce start-up cost of operation. Typically, the tax incentive is used for enticing new business and encouraging existing business's expansion plans. This incentive can be extremely useful in deciding the final location. The City Of Middletown works with the Middletown School Board in reviewing any proposed application.
 

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Copyright © 2005 Middletown Economic Development Corporation. All rights reserved.
One Donham Plaza,  Middletown, Ohio 45044
phone 513-727-5320, fax 513-425-7921,
e-mail Bill Murphy
 

Enterprise Zone Administration
Parts of the city are designated as enterprise zone areas. Any company wishing to locate in the enterprise zone can apply for a tax incentive package to reduce startup cost of operation. Typically, the tax incentive is used for enticing new business and encouraging existing business's expansion plans. This incentive can be extremely useful in deciding the final location. The City of Middletown works with the Middletown School Board in reviewing any proposed application
The zone is designed to draw industrial and office jobs. It lets Middletown government exempt businesses from real estate and personal property taxes on new investments in buildings and equipment. The idea is to lure companies -- and jobs -- to certain parts of the city.

Download an application:  Pdf or Word Document

Typed applications are preferred.  Actual signature at the end of the application is requested.  It is helpful to have the application at least three weeks of lead time prior to the Council meeting at which the tax abatement is to be reviewed (unless it is for a company relocating from elsewhere in Ohio - then need at least 6 weeks.  Abatements requesting more than 75% abatement will require 8 weeks or more, because of special notification requirements). 

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Historically Underutilized Business Zone

A "HUB Zone" is an area that is located in one or more of the following:

• a qualified census tract (as defined in section 42(d)(5)(C)(i)(I) of the Internal Revenue Code of 1986);
• a qualified "non-metropolitan county" (as defined in section 143(k)(2)(B) of the Internal Revenue Code of 1986) with a median household income of less than 80 percent of the State median household income or with an unemployment rate of not less than 140 percent of the statewide average, based on U.S. Department of Labor recent data; or
• lands within the boundaries of federally recognized Indian reservations.
  
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Program History

The HUB Zone Empowerment Contracting program was enacted into law as part of the Small Business Reauthorization Act of 1997. The program falls under the auspices of the U.S. Small Business Administration. The program encourages economic development in historically underutilized business zones - "HUB Zones" - through the establishment of preferences.

SBA's Hub zone program is in line with the efforts of both the Administration and Congress to promote economic development and employment growth in distressed areas by providing access to more Federal contracting opportunities.

How the HUB Zone Program Works

• The U.S. Small Business Administration (SBA) regulates and implements the program,
• determines which businesses are eligible to receive HUB Zone contracts,
• maintains a listing of qualified HUB Zone small businesses Federal agencies can use to locate vendors,
• adjudicates protests of eligibility to receive HUB Zone contracts, and
• reports to the Congress on the program's impact on employment and investment in HUB Zone areas.
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Types of HUB Zone Contracts

A competitive HUB Zone contract can be awarded if the contracting officer has a reasonable expectation that at least two qualified HUB Zone small businesses will submit offers and that the contract can be awarded at a fair market price.

A sole source HUB Zone contract can be awarded if the contracting officer does not have a reasonable expectation that two or more qualified HUB Zone small businesses will submit offers, determines that the qualified HUB Zone small business is responsible, and determines that the contract can be awarded at a fair price. The government estimate cannot exceed $5 million for manufacturing requirements or $3 million for all other requirements.

A full and open competition contract can be awarded with a price evaluation preference. The offer of the HUB Zone small business will be considered lower than the offer of a non-HUB Zone/non-small business-providing that the offer of the HUB Zone small business is not more than 10 percent higher.

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Eligibility

A small business meets all of the following criteria to qualify for the Hub zone program:

• it must be located in a "historically underutilized business zone,"
• it must be owned and controlled by one or more U.S. Citizens, and
• at least 35% of its employees must reside in a HUB Zone.
  
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Are you in a hub zone?
https://eweb1.sba.gov/hubzone/internet/general/findout.cfm

How to apply for a hub zone application
https://eweb1.sba.gov/hubzone/internet/application/dsp_apps_home.cfm

For more Hub Zone information visit
https://eweb1.sba.gov/hubzone/internet/index.cfm

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