Sacramento, California - The Governor’s Office of Business and Economic Development (GO-Biz) announced that it is now accepting applications for the California Competes Tax Credit (CCTC). There are $75 million in tax credits available during this application period for businesses that are expanding and adding jobs in the state. The deadline to submit applications is Monday, January 25, 2016, at 11:59 p.m. (Pacific Time) and the online application website will automatically close once this deadline has passed.
The online application can be accessed at www.calcompetes.ca.gov.
Members of the CCTC team are available to provide technical application assistance. In addition, an application guide, Frequently Asked Questions (FAQs), program regulations, and a video explaining how to create an account are available at www.business.ca.gov/CalCompetes.aspx. For applicants that are reapplying, the FAQs include instructions on how to copy information from a previously submitted application.
Businesses interested in learning more about the CCTC can participate in free webinars on Thursday, January 7, 2016, (Details and Registration) and Tuesday, January 19, 2016, (Details and Registration).
About the California Governor’s Office of Business and Economic Development (GO-Biz)
GO-Biz serves as California’s single point of contact for economic development and job creation efforts. GO-Biz offers a range of services to business owners including: attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and much more. For more information visit: www.business.ca.gov.