O-Zone Ready: A Community Workshop
Join the New Orleans Business Alliance on November 19 from 8:00 a.m. – 4:00 p.m. at the Jung Hotel for a comprehensive workshop and expert analysis of the Federal Opportunity Zone program.
Attendees will learn about fund creation, operation, and equitable development outcomes throughout Orleans Parishes’ designated Opportunity Zones, as well as receive the tools necessary to attract investment.
Network with Businesses and Community Leaders
Meet with other potential investees to form worthwhile connections as opportunities arise in New Orleans.
Learn from Industry Experts
Connect with tax and real estate professionals who specialize in preparing businesses of Opportunity Zone investment Fund formation.
What is an Opportunity Zone?
An Opportunity Zone is a designation created by the Tax Cuts and Jobs Act of 2017 allowing for certain investments in lower income areas to have tax advantages. This program aims to encourage investment in previously neglected neighborhoods.
Unsure if your business or property is eligible for this program? Check out the map of New Orleans’ 25 Opportunity Zones.
Event Details
O-Zone Ready: A Community Workshop
Tuesday, November 19, 2019
8:00 a.m. – 4:00 p.m.
The Jung Hotel, 1500 Canal St, New Orleans, LA 70112
Cost: $115
Event Agenda (tentative)
8:30am- Continental breakfast and networking
9:00am- Opening session– Overview of Opportunity Zones, description of the objectives of the workshop and introduction of facilitators (Joint)
9:45am- Taxable event: “You have a taxable gain, now what?” (Joint)
10:30am- Breakout sessions: Fund Formation – structure, term sheets, funding issues, etc. (Venture Capital Track, Real Estate Track)
12:00pm- Lunch – Question and Answers
1:00pm- Fund Management issues– reporting requirements, compliance, fees, etc. (Joint)
2:00pm- Investment Considerations: what issues need to be address before and during a fund investment? (Venture Capital Track, Real Estate Track)
3:00pm- Investment Exit and Distribution: What issues need to be address as part of the exit strategy? (Joint)
4:00pm- Concluding remarks
Thank you to our presenting sponsor, KPMG. We are also grateful for the support of The Jung Hotel & Residences and MCC Group, LLC.
