Introducing The Corner, the Alle-Kiski region's destination for entrepreneurial learning, coworking, and community activity. Anchoring New Kensington's Corridor of Innovation, The Corner catalyzes and celebrates the city's transformation into an inviting home and business destination for entrepreneurs and small business. Thoughtfully designed and equipped for individual, small organizations, local residents, and visiting businesses, The Corner is the place to do business and grow your community. The Corner falls within the Keystone Innovation Zone, meaning entrepreneurs and qualifying companies can benefit from game-changing Pennsylvania tax credits up to $100,000 annually. To be eligible, a company must meet the following requirements:
1. Be a for-profit business entity located within the geographic boundaries of a designated KIZ (The Corner and its affiliated coworking sites throughout the Pittsburgh region fit the bill.
2. Demonstrate that your business has been in operation for less than eight (8) years.
3. Operate within one (or more) of the targeted industry sectors identified by the KIZ and its regional partnership.
4. Provide semi-annual reporting measures to the Department of Community and Economic Development (DCED) through it KIZForce reporting tool.
5. Meet any other requirements as specified by DCED. Along with the partnership and opportunities available to companies located within KIZs, this innovative program also contains a tradability component. Companies that have little or no tax liability have the ability to sell their tax credits for new equipment and staff. You can find more information by visiting Westmoreland KIZ: https://egcw.org/kiz/
