GO-Biz Hosting Workshops, Webinars for Businesses Interested in Applying for California Competes Tax Credit

The Governor’s Office of Business and Economic Development (GO-Biz) has announced a series of more than 30 workshops across California, plus webinars designed to help businesses apply for the California Competes Tax Credit (CCTC).

The California Competes Tax Credit is an income tax credit available to businesses who want to come, stay, or grow in California. Tax credit agreements are negotiated by GO-Biz and approved by a statutorily created “California Competes Tax Credit Committee,” consisting of the State Treasurer, the Director of the Department of Finance, the Director of GO-Biz, and one appointee each by the Speaker of the Assembly and Senate Committee on Rules.

The next CCTC application period starts January 2, 2017, with $100 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 also has partnered with several organizations to help promote the workshops and encourage local businesses to attend the events.

In 2013, the California Competes Tax Credit was created by Governor Brown to focus on helping businesses grow and stay in California. This year, GO-Biz is allocating approximately $243 million in total tax credits.

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.

Complete List of Workshops

November 29, 2016
Oxnard, CA
Details and Registration

November 29, 2016
Santa Maria, CA
Details and Registration

November 30, 2016
Fresno, CA
Details and Registration

November 30, 2016
Manteca, CA
Details and Registration

December 1, 2016
Merced, CA
Details and Registration

December 1, 2016
Tulare, CA
Details and Registration

December 5, 2016
Crescent City, CA
Details and Registration

December 5, 2016
Elk Grove, CA
Details and Registration

December 5, 2016
Yreka, CA
Details and Registration

December 6, 2016
Benicia, CA
Details and Registration

December 6, 2016
Fairfield, CA
Details and Registration

December 7, 2016
Fremont, CA
Details and Registration

December 7, 2016
Oakland, CA
Details and Registration

December 8, 2016
Escondido, CA
Details and Registration

December 8, 2016
National City, CA
Details and Registration

December 9, 2016
Poway, CA
Details and Registration

December 9, 2016
Santee, CA
Details and Registration

December 12, 2016
Lancaster, CA
Details and Registration

December 13, 2016
Bell, CA
Details and Registration

December 13, 2016
Carson, CA
Details and Registration

December 13, 2016
Torrance, CA
Details and Registration

December 14, 2016
El Monte, CA
Details and Registration

December 14, 2016
Fullerton, CA
Details and Registration

December 14, 2016
Garden Grove, CA
Details and Registration

December 15, 2016
Mission Viejo, CA
Details and Registration

December 15, 2016
Murrieta, CA
Details and Registration

December 19, 2016
Moreno Valley, CA
Details and Registration

December 19, 2016
Rialto/San Bernardino County, CA
Details and Registration

December 20, 2016
Calexico, CA
Details and Registration

December 20, 2016
Indio, CA
Details and Registration

 

Webinar Schedule

For businesses who cannot attend an in person workshop, GO-Biz is making available eight webinars:

November 30, 2016
Details and Registration

December 7, 2016
Details and Registration

December 14, 2016
Details and Registration

December 21, 2016
Details and Registration

December 28, 216
Details and Registration

January 4, 2017
Details and Registration

January 11, 2017
Details and Registration

January 18, 2017
Details and Registration

About California Competes

The CCTC is part of the Governor’s Economic Development Initiative, which Governor Edmund G. Brown Jr. signed legislation 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.