What is an Opportunity Zone?
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About the Program
To ensure that the Opportunity Zone program was wielded as a tool for neighborhood revitalization and quality job growth, Babylon has co-created an asset-based model to identify census tracts with absorptive capacity for new capital. Babylon affords us a wonderful opportunity.
Big Partnership
Connect with Industry Leaders
Industry experts share their insights about building a successful business
Development
The ins and outs of zoning, compliance and more
The Power of Partnership
Find out how we can serve as the bridge between you and the community
Putting all the pieces Together
Creating a Win/Win/Win for investors, community and you
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Investor Relations
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Government Partnership
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Community Support
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Projects
What We're Working on Now
Wyandanch Cultural Arts
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Lakeville Kitchen and Bath
Babylon IDA has worked closely with Lakeville Kitchen and Bath to finalize an assistance program that will enable them to make a $5.6 million investment that creates four new jobs at an average salary of $55,000.
Enzo Biochem, Inc
Enzo Biochem, Inc. provides low-cost support for clinical laboratories, specialty clinics, researchers, and more. With 336 issued patents worldwide and over 151 pending patent applications, Enzo Biochem, Inc. has quickly positioned itself as a leader in molecular medicine.