Creating jobs, encouraging local investment and saving businesses money.
SCVEDC Industry Cluster Attraction Incentive
In partnership with the County of Los Angeles, up to $40,000 (per company) has been made available to support the SCVEDC Industry Cluster Attraction Incentive (ICAI) program. The ICAI has been designed to attract new businesses in SCVEDC’s target industry clusters to the Santa Clarita Valley. Eligibility requirements include, but are not limited to the following.
To learn more about this opportunity, please review the ICAI Program Guidelines, ICAI Promotion Flyer and ICAI Application Form.
Since its inception, the Santa Clarita Valley Enterprise Zone has provided millions of dollars in savings to local businesses. This leading state tax reduction program provides special tax incentives to qualified businesses that locate in the zone, hire qualified employees, or make qualified purchases. To learn more, click here.
Foreign Trade Zone
Serving qualified sites within the Santa Clarita Valley, this extension of the U.S. Foreign-Trade Zone (FTZ) program offers international traders, importers and exporters outstanding opportunities to take advantage of special customs privileges. These incentives can lower barriers to trade, improve cash flow and enhance your company's profits while giving you a competitive edge in the global marketplace. For more information on this unique program, please contact the SCVEDC at (661) 288-4400.
Recycling Market Development Zone
As one of only 40 designated areas within the State of California, the Santa Clarita Recycling Market Development Zone (RMDZ) is designed to assist business ventures that use recycled materials in production of goods, process waste materials for reuse and/or are able to divert materials from their waste stream. Incentives for qualifying businesses includes low interest rate loan programs and technical assistance. For more information on how to apply to be a part of the RMDZ, contact the SCVEDC at (661) 288-4400.
Use Tax Incentive Program
If your business makes purchases that require you to submit use tax, you can take advantage of this program. All you need to do is administer the paperwork to designate the use tax that you already pay to the State of CA, to be distributed to the City of Santa Clarita and you are eligible to have a portion of those funds returned to you. Participation in this program can mean a significant return to your business. For more information, contact the City of Santa Clarita Economic Development Division at (661) 255-4347.