$55 Million in Tax Credits Available for California Businesses

The next California Competes Tax Credit (CCTC) application period is underway and the Governor’s Office of Business and Economic Development (GO-Biz) has more than $55 million in tax credits to award California business.

Governor Brown created the California Competes Tax Credit in 2013 to focus on helping businesses grow and stay in California. Since 2014, GO-Biz has allocated $622.8 million to 865 companies projected to create 83,414 new jobs and make $15.7 billion in new investments.

Members of the CCTC team are available to provide technical application assistance (CalCompetes@gov.ca.gov / (916) 322-4051).  An application guide, Frequently Asked Questions (FAQs), program regulations, and a downloadable version of the webinar presentation are available here.

California Competes Tax Credit Webinar Information

Before each application period, GO-Biz hosts online webinars about the CCTC program. Each webinar consists of a 45-minute presentation, followed by a question and answer session. Each presentation includes the following:

  • Overview of the program.
  • Program goals and evaluation criteria.
  • Step-by-step instructions through the application process.

All businesses are encouraged to participate in the webinars to receive instructions on how to apply. Below is a list of the upcoming webinars:

March 16, 2018
Details and Registration

March 20, 2018
Details and Registration

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