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Name: California Competes Tax Credit Webinar
Start: 2023-03-16T22:00+00:00
End: 2023-03-16T23:00+00:00

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California Competes Tax Credit Webinar

Date: 03/16/2023 3:00 PM - 4:00 PM 03/16/2023 3:00 PM 03/16/2023 4:00 PM

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The Governor’s Office of Business and Economic Development (GO-Biz) is now accepting applications for the California Competes Tax Credit (CCTC). There are at least $99.7 million in tax credits available during this application period for businesses that are expanding and adding quality, full-time jobs in California that might not otherwise be created by the business or any other business. The deadline to submit applications is Monday, March 20, at 11:59 p.m. (Pacific Time) and the online application website will automatically close once this deadline has passed.

Members of the California Competes team are available to provide technical application assistance. In addition, an updated application guide, Frequently Asked Questions (FAQs), a recorded webinar, and program regulations are available at www.business.ca.gov/calcompetes.aspx. For applicants that are reapplying for the credit, the FAQs include instructions on how to copy information from a previously submitted application.

Description

The California Competes Tax Credit Webinar provides an overview of the program, evaluation criteria, and step-by-step instructions through the application process.

Application instructions, FAQs, and other technical documents, including the slides from this presentation, are available at www.calcompetes.ca.gov.

If you have any questions regarding the California Competes program or application process, please call (916) 322-4051 or email CalCompetes@gobiz.ca.gov.

About California Competes

The CCTC is an income tax credit available to businesses that want to locate in or stay and grow in California and create quality, full-time jobs in the state that might not otherwise be created by the business or any other business. 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.

About the California Governor’s Office of Business and Economic Development (GO-Biz)

The Governor’s Office of Business and Economic Development (GO-Biz) serves as the State of California’s leader for job growth and economic development efforts. GO-Biz offers a range of services to business owners including: attraction, retention, and expansion services, site selection, permit streamlining, regulatory guidance, small business assistance, international trade development, assistance with state government, and much more. For more information visit: www.business.ca.gov.

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