|North Country Growers OZ Fund
|Fund Manager or Organizer(s)
|Ozone Capital Markets
Community Revitalization, Economic Development, Renewable Energy Investment, Small Business Development
|Additional Fund Details
|North Country Growers (NCG) represents a Qualified Opportunity Zone Fund created to own and operate a 20-acre greenhouse facility on a 169-acre parcel in Berlin, NH. This OZ project has been years in the making and is finally permitted and ready to move forward with the full support of state and local officials. The greenhouse will grow tomatoes and salad greens that will be sold as far south as Washington, DC. NCG is expected to be the most efficient produce producer in the Northeast using innovative yet proven technology. NCG also uses Combined Heat & Power technology which runs off natural gas and captures the waste heat as an energy source. This OZ project is the benchmark for ESG and Community Development Investing. This OZ project is located within a designated Opportunity Zone and is expected to create 85 good-paying jobs in an economically hard-hit community. NCG will also significantly reduce carbon emissions from transportation. Currently, 95% of salad greens and tomatoes are trucked from across the country and Mexico into the Northeast. Due to its location and short transportation routes along the northeast corridor, NCG expects its products to be on store shelves within twelve hours of harvesting.
|Opportunity Zones were created under the 2017 Tax Cuts and Jobs Act to stimulate economic development and job creation in low-income neighborhoods. The capital that is being invested in these neighborhoods will have immense social benefits for generations. Our role is to identify and verify Qualified Opportunity Zone (QOZ) projects and help educate investors on the benefits of each project. We are not a financial firm and are simply providing information on QOZ projects in addition to relevant information on the QOZ space.
|For more information, please email email@example.com or view our webpage at https://www.ozonecapmarkets.com/projects-1/indoor-growing-facility.