Washington, DC Economic Partnership's Doing Business in DC program on DC Business Incentives featuring David Zipper, Director of Business Development and Strategy, Office of the Deputy Mayor for Planning and Economic Development

1. WASHINGTON, D.C.
Business Incentives
David Zipper
David.Zipper@dc.gov
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of the Mayor
Office of the Deputy Mayor for Planning and Economic Development

2. Many Resources Available to District Businesses
CAPCO’s Venture funding for District-based businesses poised for growth
Small Business
Resource Center
Assistance navigating the District’s business regulations
Dept. of
Employment No-cost assistance with hiring and training employees
Services
Business
Designed to build tax base and create jobs for District residents
Incentives
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of the Mayor
Office of the Deputy Mayor for Planning and Economic Development

3. Three Business Incentives
DC Tech Incentives
Supermarket Tax Credit
HUB Zones
One-page overviews available for each program
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of the Mayor
Office of the Deputy Mayor for Planning and Economic Development

4. DC Tech Incentives– Benefits for High Tech Companies
DC Tech Incentives
Supermarket Tax Credit • 10-year abatement on personal property taxes
• Reduction of franchise tax from 9.975% to 6%; elimination
of tax for 5 years in some cases
HUB Zones
• No sales tax for software and hardware purchases in DC
• Relocation reimbursements up to $7,500 per person
• Wage reimbursement up to $10,000 per person hired
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of the Mayor
Office of the Deputy Mayor for Planning and Economic Development

5. DC Tech Incentives– Benefits for High Tech Companies
Highlights of the Technology Enhancement Act of 2012
(currently under consideration by the DC Council)
• Expansion of the High Tech Development Zone to include the entire city
• Establishment of a 3% capital gains rate for District residents investing
in DC technology companies
• Adjustment to allow technology businesses to receive complete
franchise tax abatement for their first years of profitability
• Law currently grants an abatement for the first five years after eligibility is confirmed
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of the Mayor
Office of the Deputy Mayor for Planning and Economic Development

6. Supermarket Tax Credits
DC Tech Incentives
Supermarket Tax Credit
• 10-year abatement on real property taxes
HUB Zones • 10-year abatement on personal property taxes
• Abatement of sales and use taxes during construction
• 10-year exemption from license fees
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of the Mayor
Office of the Deputy Mayor for Planning and Economic Development

7. HUB Zones– Benefits for Federal Contractors
DC Tech Incentives
Supermarket Tax Credit
• Enhanced access to federal contracts, including:
• Sole source contracts
• 10% price evaluation preference in full and open
HUB Zones contract competitions
• Subcontracting opportunities
• DMPED, DSLBD, SBA, and other federal agencies recently
launched the HUBDC initiative to grow the number of DC-
based HUB Zone businesses
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of the Mayor
Office of the Deputy Mayor for Planning and Economic Development

8. DC Business Incentives Map
www.dcbiz.dc.gov
Find eligible areas for Identify available
See owner and zoning
each business incentive business incentives at a
for each parcel
specific address
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of the Mayor
Office of the Deputy Mayor for Planning and Economic Development

9. For More Information…
David Zipper
Director of Business Development and Strategy
Office of the Deputy Mayor for
Planning and Economic Development
david.zipper@dc.gov
www.dcbiz.dc.gov
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of the Mayor
Office of the Deputy Mayor for Planning and Economic Development