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
For more information on eligibility, visit the State website or EDC’s informational brochure, and apply by January 25.
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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