Whether you are looking at Laconia and the Lakes Region to start or move your business or you are an established business in need of assistance, the State of New Hampshire, Belknap County, and the City of Laconia are ready to assist you.
The State of New Hampshire Economic Revitalization Zone tax credit offers a short term business tax credit for projects that improve infrastructure and create jobs in designated areas of a municipality. As of January 2021 there are 227 Economic Revitalization zones located in 73 municipalities throughout the State of New Hampshire. This program is administered through the NH Department of Business and Economic Affairs, Division of Economic Development. General information on this program can be found here.
The City of Laconia has been approved for three Economic Revitalization Zones (ERZs). Those zones are at O’Shea Industrial Park, Lakes Business Park (Laconia & Gilford lots) and a downtown zone which mirrors the TIF District. Economic Revitalization Zone Tax. For details on the City’s ERZ zones, please contact the City Manager’s Office at 603 527-1270, or email firstname.lastname@example.org.