Nashua has identified six areas within the city where investment and job creation are strongly encouraged. These Economic Revitalization Zones (ERZ) provide the opportunity for growing firms to qualify for tax credits to be used against the New Hampshire Business Profits Tax and the Business Enterprise Tax. Nashua’s seven ERZ Zones are:
Westwood Industrial Park,
Spit Brook Road,
Amherst Street, and
Perimeter Road/Nashua Airport
To qualify, a firm must exceed a threshold level of capital investment in plant, equipment or machinery and create new jobs. The maximum amount of the tax credits to be earned against the business profits and enterprise taxes is $200,000.
Interested businesses should reach out to the Office of the Mayor-Economic Development for more information.