Apply for a California Competes Tax Credit

The Governor's Office of Business and Economic Development (GO-Biz) is accepting applications for the California Competes Tax Credit (CCTC) from businesses that plan to add jobs and/or make new investments in California. The state will be awarding up to $200 million in tax credits this fiscal year to companies across the state.

I hope to see local businesses take advantage of this opportunity and apply. The next application round ends on January 25 and $75 million in tax credits is available.

The Governor’s Office of Business and Economic Development is hosting two free webinars about the program on Thursday, January 7 and Tuesday, January 19. Visit their website to register and learn more.