OHIO ENTERPRISE ZONE PROGRAM
 
The Ohio Enterprise Zone Program offers local and state tax incentives for
businesses that expand or locate in Ohio. In Groveport,, which has been declared
entirely an Enterprise Zone, businesses can apply for up to a 75% exemption of the
value of real property improvements and/or new tangible personal property for up to
10 years. The exemption level can be exceeded under certain circumstances with local
school board approval.
 
To be eligible, the business must agree to create or retain employment and establish,
expand, renovate or occupy a facility within the Village. An agreement must be in place
prior to the start of a project. Retail projects are not eligible. Projects involving relocation
of assets or employment positions within Ohio are restricted and must meet specific requirements.
 
State franchise tax benefits are available to businesses that are in compliance with the local
Enterprise Zone agreement and document a minimum of 25% of the new hires come from
specific disadvantaged groups.