Any business that is growing in the state of California over the next five years, or is considering leaving California, is encouraged to apply for a California Competes Tax Credit to offset its state income tax liability.
Awards are primarily based on the following factors:
- Number of jobs created or retained in California
- Capital investments in California over the next 5 years
- Overall economic benefit to the state and its people
- Flight risk; commitment to remaining in California
Get help applying
Learn about the application process via California GO-Biz’s on-demand webinars:
Plus, reach out to EDC’s expert team for assistance. We’ll help your company apply to the California Competes Tax Credit, find COVID-19 relief programs, and more, at no charge.
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