The Governor's office of Business and Economic Development (GO-Biz) has announced the 2015-2016 application periods for the California Competes Tax Credit.
The California Competes Tax Credit is an income tax credit available to businesses that want to locate in California or stay & grow in California.
Upcoming Application Periods:
- July 20,2015 - August 17, 2015 - $75M available
- January 4, 2016 - January 25, 2016 - $75M available
- March 7 2016 - March 28, 2016 - $50.9M available (plus any carryover)
Applications are evaluated on a variety of factors, including the number of jobs, compensation paid to employees, economic impacts.
Learn more at www.calcompetes.ca.gov
GO-Biz will hold a number of workshops on the CalCompetes Tax Credit, including:
Thursday July 23, 2015 - Santa Paula, CA
Monday July 27, 2015 - Vernon, CA
Tuesday July 28, 2015 - Camarillo, CA
Tuesday July 28, 2015 - Lancaster, CA
Wednesday July 29, 2015 - Torrance, CA
Friday August 7, 2015 - Bakersfield, CA
Monday August 10, 2015 - Online Webinar
SCV Companies considering applying for the credit can get assistance with their application from SCVEDC.