OZ Growth Fund Launches Seeking Accredited Investors For Opportunity Zone Real Estate And Innovative Technology

OZ Growth Fund launches seeking accredited investors for Opportunity Zone Real Estate and Innovative Technology. The Fund is raising a Series A round of $20,000,000.

Executive Summary

The OZ Growth Fund supports its portfolio companies in need of capital raising strategic advice and business development. All portfolio companies are committed not only towards significant social impact within their communities but also for long term success by making sure that they put people first every single time.

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The Fund supports and invests in innovative early-stage, start-up companies founded by passionate entrepreneurs. The focus is on companies that pioneer new approaches, display immense potential in their respective markets, offer disruptive and innovative ideas, target high growth markets, and are led by seasoned, capable and trustworthy management who have a vision of spectacular success.

The support these start-ups get is by not only providing capital; also offering mutual passion and drive for the success of the business. Through networking, partnerships and collaboration, the fund helps start-ups develop sound business models, serve as active partners, mentors, and brand ambassadors, and foster an entrepreneurial community that keeps them focused. Having a diversified range of companies is central to the portfolio strategy. Which is why the fund invests in “speed-ups” as well as start-ups. An important function of funding these young ventures is often to provide assistance with expanding production capacity if necessary. For these growth-stage businesses, capital is the key to more product, more customers, and bigger successes.

OZ Growth Fund’s portfolio will continue to operate in a diligent and professional manner expediting deal flow to better serve our Opportunity Zone strategy throughout the funds offering. Investments will be smart, precise, and focused on positive growth.

OZ Growth Fund, LLC. exist to create growth in specific areas of the United States. The fund is designed with the stable pillars of success for long-term economic growth in designated OZ communities and for its Investors in the following areas:

• USA First Manufacturing
• Hi-Tech Employment
• Tech Innovation
• Purposeful Property Development

Mission Statement

Our mission is to build an EdTech Incubator for scaling businesses quickly for entrance into US education markets utilizing proven strategies, while providing exponential returns on investment for our investors.

Investment Thesis

The Opportunity Zone program is a federal tax incentive established to bring billions of dollars to “under-developed” and “distressed” areas, creating economic opportunity where it is lacking. By offering attractive tax benefits to investors, this program is considered a win-win-win; good for the economy, good for the communities, and good for the investors.

Performing in line with the intent of the legislation, the OZ Growth Fund, LLC. is focused on both venture partnerships and local economic impact. With this two-tiered strategy at the forefront, we invest in companies that not only offer promising returns, but also tangible economic influence in the communities in which they operate.

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What the Fund Looks for in each company:

• Technology Driven
• Addressable Market Growth
• Offering Hi-Tech Employment
• Distribution/Exit Strategy
• Capability to Execute
• Trustworthy, Seasoned Management
• Measurable Economic Impact on Local Community
• How Each Company Fits in the Fund’s Portfolio
• High Financial Returns
• Diversification of Risk Across Portfolio
• Complements our Ecosystem of Companies
• Predictable Portfolio Cash Flows
• Tax Efficiency
• Impact in the Zones and Elsewhere
• Investment Projects

OZ Growth Fund’s core investment projects will start with building a manufacturing plant for water-soluble ink for commercial applications, building an eco/energy hi-tech incubator with a customer experience center for both testing and integration. An innovative charter school will be built near the incubator to provide technology integrations and a location for worker’s children to attend.

Fund Vision & Value

The Fund’s Management believes in purpose driven profits. “When you invest in people first, you will inevitably receive exponential returns for generations to come” said Tony Riggs Fund Manager. “We, the fund managers, plan to create sustainable solutions for the housing and employment challenges we both personally faced and overcame, so they can have access to all the resources and support they need to succeed.”

Fund Impact

Investors in the OZ Growth Fund will help change the trajectory of countless families’ lives by providing career-based employment and long-term housing solutions, thereby fulfilling a need that local, state, and federal governments have long struggled and failed to adequately address.

Why OZ Growth Fund?

• Reduce recidivism & unemployment
• Revitalize communities and the economy
• Return on Investment = Phenomenal

OPPORTUNITY ZONES & FUNDS

THE OZ Opportunity Advantage

Opportunity Zones are designed to spur economic development by providing tax benefits to investors.

First, investors can defer tax on any prior Capital Gains deposited into a Qualified Opportunity Zone Fund (QOF) for up to FIVE YEARS. Then, after five years they will ONLY be required to pay taxes on 90% of the original amount deposited thanks to a “10% Step Up Basis.” Additionally, those deferred taxes at 90% will only be assessed at the CURRENT rate of 23.5% and therefore are likely to avoid far higher future capital gains tax rates.

Finally, after a required ten-year minimum term, the initial amount deposited PLUS all the accrued interest derived from QOF property can then be withdrawn from the QOF entirely TAX FREE.

Investor Opportunity

Initial Investment into the Fund: 0% Tax Due – One M************** invested today will appreciate tax free for five years.

5 Year Anniversary – 10% Step Up Basis – On Deferred capital gains tax due at 23.5% assessed on $900,000, which is 10% less than the total one million invested.

10 Year Anniversary – Tax Free – If Opportunity Zone investment generates another $9 million in profit over the ten-year term, the entire $10 million can then be withdrawn tax free (Dollar amounts are used for example only).

Qualified Opportunity Zones

The Tax Cuts and Jobs Act of 2017 created Qualified Opportunity Zones (“QOZs”) to provide potentially significant tax benefits to investors who re-invest capital gains into long-term investments into communities designated for economic development. There are over 8,500 QOZs across all US states, Washington DC, and Puerto Rico.

They offer investors the ability to positively impact communities struggling to attract capital to generate sustainable economic opportunity for their communities.

Qualified Opportunity Zone Funds

A Qualified Opportunity Zone Fund (“QOF”) is an investment vehicle which is organized as a corporation or partnership for the purpose of investing (at least 90% of its assets) in qualified opportunity zone assets or businesses.

A qualified opportunity zone asset/property can be (so long as acquired after December 31,2017):

Stock in a domestic corporation that is a QOZ business.

Any capital or profits interest in a domestic Partnership that is a QOZ business.
Tangible asset used in the trade or business of a QOZ business, where the QOF substantially. improves the asset.

QOZF Benefits to the Taxpayer / Investors

Taxpayers may defer paying tax on capital gains, if such capital gains are invested in a QOF, within 180 days from the gain.

The deferral period ends the earlier of when the taxpayer sells its interest in the QOF or the 5-year mark. Investments held for 5 years prior to that date will also qualify for a 10% increase in the tax-payer’s tax basis of the amount of the deferred gain.

Any taxpayer that holds its investment for a minimum of 10 years, can achieve no capital gain tax on the appreciation of its investment.

Fund Management

Tony Riggs – Fund Manager

Tony Riggs is a Marine Corps Combat Veteran, Entrepreneur and Family Man. Once leaving the Marine Corps he started his path in technology, working for a few companies learning the skills needed to become an entrepreneur before starting out on his own. Since 1999 he has been the CEO of NeedThese; a company that specializes in providing technology solutions to the public education market. He has also started and maintains ownership in several other companies including consulting for some of the largest brands in the world in US Education sales, IoT (SaaS) B2C products, services industry, and most recently a non-profit for special needs children centered around athletics. As Chief Executive Officer of OZ Growth Fund, LLC.; an Opportunity Zone Fund providing innovation, jobs, and growth in communities around the United States, dedicated to connecting the right investors with the right projects for a win-win-win helping America continue a path of opportunity for all.

He has been married for 30 years with 3 wonderful children who have all followed their father’s footsteps into entrepreneurship. He has taught his children and other startups that building the foundation of a business and working through the entire sales process with your first customer is the best way to gauge your desire and validity of your new business.

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