Sacramento, Calif. – The Governor’s Office of Business and Economic Development (GO-Biz) will host a series of 15 free workshops across California designed to help businesses apply for the California Competes Tax Credit (CCTC).
CCTC – “The California Competes Tax Credit has encouraged hundreds of companies to expand in California and add valuable jobs in the state,” said GO-Biz chief deputy director Will Koch. Koch further comments, “The on-line application is simple to navigate and the GO-Biz staff works directly with applicants to make the process as easy as possible.” The next CCTC application period starts January 4, 2016, with $75 million in tax credits available.
GO-Biz – Since 2014, GO-Biz has awarded $223 million to 330 companies projected to create over 42,000 jobs and make $9.6 billion in investments. GO-Biz will award a total of $200 million
in tax credits in fiscal year 2015-16.
Businesses interested in applying can register to attend any of the free workshops and receive valuable information on how to apply for this tax credit program from GO-Biz staff. This program is open to any business planning to create new full-time jobs in the state, regardless of size or location.
|Wednesday, December 2, 2015
From 2:00 p.m. to 3:00 p.m.
|Thursday, December 3, 2015
10:30 a.m. to 11:30 a.m.
Long Beach, CA
January 2015 (TBD)
Additional Information – The deadline to submit applications is 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 starting January 4, 2016 at www.calcompetes.ca.gov.
If you have any questions regarding the CCTC or application process, please contact our office at (916) 322-4051 or send an email to CalCompetes@gov.ca.gov.