Next California Competes Tax Credit Application Period Starts Jan. 2

The next application period for the California Competes Tax Credit (CCTC) program is opening on January 2, 2024 and will close on January 22, 2024.

The CCTC is a tax credit program, run by the Governor’s Office of Business and Economic Development (GO-Biz), that grants tax credits to businesses that want to locate in California or stay and grow in the state.

Interested businesses need to apply through the California Competes website,, and may do so only during an open application period.

For the remainder of the 2023–2024 fiscal year, GO-Biz will accept applications for the California Competes Tax Credit during the following periods:

  • January 2, 2024 – January 22, 2024
  • March 4, 2024 – March 18, 2024

Applicants will be evaluated on 12 factors, including:

  • Number of jobs created or retained;
  • Amount of investment;
  • Overall economic benefit to the state;
  • Opportunities for future growth and expansion.

An application guide, Frequently Asked Questions (FAQs), program regulations, and a downloadable version of the webinar presentation are available here.

Informative Webinar Available

For 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.

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

To apply for this tax credit, visit

The California Chamber of Commerce is the largest, broad-based business advocate to government in California, working at the state and federal levels to influence government actions affecting all California business. As a not-for-profit, we leverage our front-line knowledge of laws and regulations to provide affordable and easy-to-use compliance products and services.