Tag: CCTC

Open now: California Competes Tax Credit

By San Diego Regional EDC,

ABOUT THE California Competes Tax Credit

San Diego businesses: Apply by March 18 for the Cal Competes Tax Credit. Available to companies looking to expand or retain jobs in California over the next five years, applicants may be eligible for up to $164 million in tax credits from the Governor’s Office of Business and Economic Development (GO-Biz).

Awards are based on several factors:

  • Number of jobs created or retained
  • Anticipated amount of new capital investments
  • Overall economic benefit
  • Opportunities for future growth and expansion
  • The extent to which the tax credit influences the applicant’s decision to relocate jobs from states that have enacted laws that permit discrimination on the basis of sexual orientation, gender identity, or gender expression; or deny or interfere with women’s reproductive rights

For more information on eligibility and assistance, visit the Governor’s Office of Business and Economic Development (GO-Biz) website.

learn more & Apply by march 18

need help applying?

All businesses are encouraged to attend either of the following GO-Biz webinars before beginning the application process:

EDC’s expert team is also available, free of charge, to San Diego companies in need of assistance. Since 2015, EDC has supported 39 companies in winning $86,371,700 in credits. 

HELP MY BUSINESS APPLY

“Creative Electron is very pleased with the support received from CMTC and EDC. We are constantly thinking of our growth goals and how to get there. We believe our people and diversity make us great, and by providing them with the tools to expand their skill set, we are confident we will be able to exceed our ambitious goals.”
–Mariem Ortiz, VP of Operations at Creative Electron, which secured a California Competes Tax Credit of $446,700.

MORE RESOURCES

EDC’s business services

Open now: California Competes Tax Credit

By San Diego Regional EDC,

ABOUT THE California Competes Tax Credit

Is your businesses growing in the state of California over the next five years, or at risk of leaving California? Applications are now open for companies seeking a tax credit to offset state income tax liability. The Governor’s Office of Business and Economic Development (GO-Biz) has $85 million in tax credits available for your company in this funding round.

Awards are primarily based on the following factors, including:

  • Number of jobs created or retained
  • Anticipated amount of new capital investments
  • Overall economic benefit to the state
  • Opportunities for future growth and expansion

For more information on eligibility and assistance, visit the Governor’s Office of Business and Economic Development (GO-Biz) website.

Apply by March 20

Get help applying

Learn about the application process via California GO-Biz’s on-demand webinars:

Fill out the form linked below to request application assistance from EDC staff, free of charge.

HELP MY BUSINESS APPLY

“Creative Electron is very pleased with the support received from CMTC and EDC. We are constantly thinking of our growth goals and how to get there. We believe our people and diversity make us great, and by providing them with the tools to expand their skill set, we are confident we will be able to exceed our ambitious goals.”
–Mariem Ortiz, VP of Operations at Creative Electron, which secured a California Competes Tax Credit of $446,700.

MORE RESOURCES

EDC’s business services

Open Now: California Competes Tax Credit

By San Diego Regional EDC,

ABOUT THE California Competes Tax Credit

Is your businesses growing in the state of California over the next five years, or at risk of leaving California? Applications are now open for companies seeking a tax credit to offset state income tax liability.

Applications are also open for the California Competes Grant, which has $120 million in funds available for eligible companies.

Awards are primarily based on the following factors, including:

  • Number of jobs created or retained
  • Anticipated amount of new capital investments
  • Overall economic benefit to the state
  • Opportunities for future growth and expansion

For more information on eligibility and assistance, visit the Governor’s Office of Business and Economic Development (GO-Biz) website.

APPLY by JANUary 24

Get help applying

Learn about the application process via California GO-Biz’s on-demand webinars:

  • January 5, 9:30–10:30 a.m. PST | Register
  • January 13, 4:00–5:00 p.m. PST | Register
  • January 18, 11:00 a.m.–12:00 p.m. PST | Register

Fill out the form linked below to request application assistance from EDC staff, free of charge.

“Creative Electron is very pleased with the support received from CMTC and EDC. We are constantly thinking of our growth goals and how to get there. We believe our people and diversity make us great, and by providing them with the tools to expand their skill set, we are confident we will be able to exceed our ambitious goals.”
–Mariem Ortiz, VP of Operations at Creative Electron, which secured a California Competes Tax Credit of $446,700.

HELP MY BUSINESS APPLY

Apply by August 16: California Competes Tax Credit

By San Diego Regional EDC,

ABOUT THE California Competes Tax Credit

Businesses growing in the state of California over the next five years, or considering leaving California: Apply for a significant tax credit to offset your state income tax liability.

Awards are primarily based on the following factors, including:

  • Number of jobs created or retained in California
  • Capital investments in California over the next five years
  • Overall economic benefit to the state and its people
  • Commitment to remaining in California

For more information on eligibility and assistance, visit the Governor’s Office of Business and Economic Development (GO-Biz) website.

APPLY BY AUGUST 16

Get help applying

Learn about the application process via California GO-Biz’s on-demand webinars:

  • July 28, 9:30–10:30 a.m. PST | Register
  • August 5, 4:00–5:00 p.m. PST | Register
  • August 10, 11:00 a.m.–12:00 p.m. PST | Register

Plus, reach out to EDC’s expert team for assistance, free of charge.

“Creative Electron is very pleased with the support received from CMTC and EDC. We are constantly thinking of our growth goals and how to get there. We believe our people and diversity make us great, and by providing them with the tools to expand their skill set, we are confident we will be able to exceed our ambitious goals.”
–Mariem Ortiz, VP of Operations at Creative Electron, which secured a California Competes Tax Credit of $446,700.

HELP MY BUSINESS APPLY