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The Keystone Innovation Zones (KIZs) are a part of the Commonwealth of Pennsylvania’s economic stimulus
package. KIZs are designated zones that are established in communities
that host institutions of higher education. These zones are designed to
foster innovation and create entrepreneurial opportunities. They do
this by gathering and aligning the combined resources of educational
institutions, private businesses, business support organizations,
commercial lending institutions, venture capital networks (including
angel investors), and foundations.
The NPTI coordinates the Lackawanna and Luzerne County KIZs.
Companies located within the geographic designations less than eight
years old and within one of the designated sectors may take advantage
of tax credits, utilize the services of our local college students as
interns, and benefit from innovation grants.
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