GO-Biz Now Accepting Applications for California Competes Tax Credits
Monday, July 27, 2020
The Governor’s Office of Business and Economic Development (GO-Biz) is now accepting applications for the California Competes Tax Credit (CCTC). There are $80 million in tax credits available during this application period for businesses that are expanding and adding full-time jobs in the state. The deadline to submit applications is Monday, August 17, at 11:59 p.m. (Pacific Time). The online application website will automatically close once this deadline has passed. The online application can be accessed at calcompetes.ca.gov.
Members of the CCTC team are available to provide technical application assistance. In addition, an updated application guide, FAQs, and program regulations are available at www.business.ca.gov/california-competes-tax-credit. 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 application webinars:
For more information about the CCTC program or application process, call (916) 322-4051 or email CalCompetes@gobiz.ca.gov.
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 business.ca.gov.