Opportunity Zone

BRITE’s facility is in Downtown Warren, or Census Tract 9338, which is an opportunity zone. An opportunity zone is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. BRITE assists its portfolio companies in identifying investors of qualified opportunity funds. In 2019, BRITE assisted one of its startups in securing funding to expand its operation at BRITE’s facility. To make this happen, BRITE partnered with EZ OZ, a digital platform that enables entrepreneurs to seamlessly and quickly create fully compliant funds that support building a clean economy. 

Coverage on Warren’s Opportunity Zone 

Opportunity Zone Best Practices Report from the White House Opportunity and Revitalization Council 

White House

Intwine Honored for Opportunity Zone Fund Use in Pandemic 

Business Journal

Two BRITE Startups Get Opportunity Zone Funds 

Business Journal

Learn More About Opportunity Zones

For more information on investment opportunities in our startups, please email info@brite.org.

For more information on investing in Warren and the Mahoning Valley, view the Investment Prospectus and contact the Youngstown/Warren Regional Chamber.