Sept. 21 seminar to detail GO Zone Act benefits for businesses
Contact: Christina Chapple
9/6/06
HAMMOND – Area business people can learn how the new Gulf Opportunity Zone (GO Zone) Act can help their businesses and employees at a Sept. 21 seminar sponsored by Southeastern Louisiana University’s Small Business Development Center and the Hammond Downtown Development District.
The seminar, which will explain how large and small businesses can maximize GO Zone benefits, is scheduled from 5-7 p.m. at the Columbia Theatre for the Performing Arts, 220 E. Thomas St. in downtown Hammond, said Sandy Summers, SBDC assistant director.
Speakers will include Ray Cornelius, bond counsel with Adams and Reese LLP in New Orleans, and Bob Basford with Tangipahoa Economic Development Foundation. The seminar also will review other business incentives available through state and local agencies.
“Many executives and small business owners have heard of the GO Zone Act and know that it does something for Louisiana businesses, but they do not know if or how the new law can help them and their employees,” said Summers. “In a nutshell, the new GO Zone legislation is the best business investment incentive program that the Gulf Coast has seen in recent memory, perhaps ever.”
Summers said businesses considering expanding Louisiana operations or relocating to an incentive-rich area should move quickly to take advantage of the GO Zone incentives.
For additional information and to register for the seminar, contact the Downtown Development District at (985) 543-3216.
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