Press Release: GO-Biz Hosting 28 Workshops for Businesses Interested in Applying for Over $200 Million in Tax Credits

Sacramento, Calif. — The Governor’s Office of Business and Economic Development (GO-Biz) today announced a series of 28 workshops across California designed to help businesses apply for over $200 million in available California Competes Tax Credits (CCTC).

“Our message to business owners is simple, take advantage of this tax credit and create new job opportunities,” said Kristen Kane, GO-Biz Deputy Directory. “The California Competes tax credit has encouraged hundreds of companies to expand in California and add thousands of good paying jobs. This application is free, it’s easy to apply and we want great companies that are expanding to receive these valuable tax credits.”

GO-Biz is awarding over $200 million in tax credits in fiscal year 2017-18. The next CCTC application period starts July 24, 2017. Businesses interested in applying can register to attend any of the workshops and receive helpful information from GO-Biz staff. GO-Biz has also partnered with several organizations to help promote the workshops and encourage local businesses to attend the events.

This program is open to any business planning to create new full-time jobs in the state, regardless of size or location. Since 2014, GO-Biz has allocated $492.5 million to 688 companies projected to create 70,747 new jobs and $14.4 billion in new investments.

The online application can be accessed starting July 24, 2017 at www.calcompetes.ca.gov.

Members of the CCTC team are available to provide technical application assistance. An application guide, Frequently Asked Questions (FAQs), program regulations, and a video explaining how to create an account are available here.

Complete List of Workshops (June 26 – July 20) available on the GO-Biz website 

 

Sonoma, CA
June 26, 2017
Details and Registration
Oakland, CA
June 26, 2017
Details and Registration
Fremont, CA
June 27, 2017
Details and Registration
San Jose, CA
June 27, 2017
Details and Registration
San Louis Obispo, CA
June 28, 2017
Details and Registration
Bakersfield, CA
June 28, 2017
Details and Registration
Visalia, CA
June 29, 2017
Details and Registration
Modesto, CA
June 29, 2017
Details and Registration
Sacramento, CA
July 5, 2017
Details and Registration
Redding, CA
July 5, 2017
Details and Registration
Yuba City, CA
July 6, 2017
Details and Registration
Fresno, CA
July 7, 2017
Details and Registration
Camarillo, CA
July 10, 2017
Details and Registration
Simi Valley, CA
July 11, 2017
Details and Registration
San Fernando, CA
July 11, 2017
Details and Registration
Los Angeles, CA
July 11, 2017
Details and Registration
Compton, CA
July 12, 2017
Details and Registration
Long Beach, CA
July 12, 2017
Details and Registration
Fullerton, CA
July 13, 2017
Details and Registration
Santa Ana, CA
July 13, 2017
Details and Registration
Fontana, CA
July 17, 2017
Details and Registration
San Bernardino, CA
July 17, 2017
Details and Registration
Riverside, CA
July 18, 2017
Details and Registration
Moreno Valley, CA
July 18, 2017
Details and Registration
El Centro, CA
July 19, 2017
Details and Registration
Temecula, CA
July 19, 2017
Details and Registration
San Diego, CA
July 20, 2017
Details and Registration
Chula Vista, CA
July 20, 2017
Details and Registration

About GO-Biz

The Governor’s Office of Business and economic Development (GO-Biz) serves as California’s single point of contact for economic development and job creation efforts. GO-Biz offers a range of services to business owners including: attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and much more. For more information visit: www.business.ca.gov

About California Competes

The CCTC is part of the Governor’s Economic Development Initiative (GEDI) which Governor Brown signed legislation to enact in 2013 (AB 93 and SB 90). GO-Biz evaluates the most competitive applications based on the factors required by statute, including total jobs created, total investment, average wage, economic impact, strategic importance and more. Companies are exempted from paying state income taxes in the amount awarded.

If you have any questions regarding the CCTC or application process please contact our office at (916) 322-4051 or send an email to CalCompetes@gov.ca.gov.

If you would like to receive information about other GO-Biz programs, press releases, newsletters, and events please click here to register.

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One thought on “Press Release: GO-Biz Hosting 28 Workshops for Businesses Interested in Applying for Over $200 Million in Tax Credits

  1. I would like to know how we, the Southeast Los Angeles County Workforce Development Board (SELACO WDB) could hos one of these Tax Credit Workshops.

    We are opening a Business Resource Center and this is exactly the type of topic we want to offer the businesses in our community.

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