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omb -- The next CA Competes Tax Credit application period starts July 25, 2016, with $75 million in tax credits available
Posted: 11 Jul 2016 10:21:57
Learn more at one of 30+ Workshops statewide 7/12-8/11. GO-Biz Hosting Over 30 Workshops for Businesses Interested in Applying for $75 Million in Tax Credits Sacramento, Calif. – The Governor’s Office of Business and Economic Development (GO-Biz) today announced a series of workshops across California designed to help businesses apply for the California Competes Tax Credit (CCTC). “The California Competes tax credit has encouraged hundreds of companies to expand in California and add valuable jobs in the state,” said GO-Biz deputy director Kristen Kane. “Our conitnued goal for these workshops is to reach new businesses in diverse communities that would benefit from more state resources.” GO-Biz is awarding a total of $243.3 million in tax credits in fiscal year 2016-17. The next CCTC application period starts July 25, 2016, with $75 million in tax credits available. Businesses interested in applying can register to attend any of the workshops and receive valuable 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 awarded $340 Million to 500 companies projected to create over 55,000 jobs and make $12.9 billion in investments. The deadline to submit applications is August 22, 2016, at 11:59 p.m. (Pacific Time) and the online application website will automatically close once this deadline has passed. The online application can be accessed starting July 25, 2016 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: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/12b6691dea Complete List of Workshops (July 12 - August 11) Modesto, CA Tuesday, July 12, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/ddc5a75b00 Yuba City, CA Monday, July 25, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/0356b5344a San Luis Obispo, CA Monday, August 8, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/3e376714d2 Bakersfield, CA Wednesday, July 13, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/540a4c31c7 Chico, CA Tuesday, July 26, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/514113309e Santa Barbara, CA Monday, August 8, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/9be3109060 Fresno, CA Wednesday, July 13, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/c6112a10fc Redding, CA Tuesday, July 26, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/44ddb47d10 Salinas, CA Tuesday, August 9, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/d6f74dd13c Sacramento, CA Thursday, July 14, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/d3e47b559d Orange County, CA Tuesday, July 26, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/f2a517afc4 Ventura, CA Tuesday, August 9, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/32ec7f5bfe Napa, CA Monday, July 18, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/d9beb7e6ba Rosemead, CA Tuesday, July 26, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/85fbebbdca Online Webinar Thursday, July 28, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/9c52f54a27 El Centro, CA Wednesday, July 20, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/41d1e75fb7 Compton, CA Wednesday, July 27, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/e97d4056e6 Online Webinar Thursday, August 4, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/6315ab5cca San Francisco, CA Wednesday, July 20, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/68f57b22af Inglewood, CA Wednesday, July 27, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/13d6d96c56 Online Webinar Thursday, August 11, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/75110c8a06 Oakland, CA Wednesday, July 20, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/78f0aba037 El Cajon, CA Thursday, July 28, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/345347246a Desert Hot Springs, CA Thursday, July 21, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/005e47deb3 San Diego, CA Thursday, July 28, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/f5ba712bba San Bernardino, CA Thursday, July 21, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/c6c2fee65c Truckee, CA Tuesday, August 2, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/dd1f049b62 Visalia, CA Thursday, July 21, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/6dc673e3d1 Coachella, CA Wednesday, August 3, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/4da9131a08 Merced County, CA Thursday, July 21, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/4fbe7a6e5b Richmond, CA Wednesday, August 3, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/dbcafac19e Corona, CA Monday, July 25, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/7c3cb00bcb San Jose Wednesday, August 3, 2016 Details and Registration: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/fb215c989a About California Competes The CCTC is part of the Governor’s Economic Development Initiative (GEDI) which Governor Brown signed legislation(http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/2236a94617/id=18137) 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. 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. 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: http://cts.vresp.com/c/?GOBiz/37a2efb0f9/792054749f/cc6495babe/fid=922b97a539 California is in a drought emergency. Visit www.SaveOurH2O.org for water conservation tips.
