The State of California has announced its next round of funding allocations for California Competes Tax Credits.  If you are a local business that is growing, you are encouraged to apply for State income tax credits.  The program provides competitive tax credits to businesses to support investment in buildings, people and machinery.

The current funding period is from July 29, 2019 through August 19, 2019 ($90 million).

Applications for the California Competes Tax Credit will be accepted online at www.calcompetes.ca.gov.

You can also contact your local economic development team to help identify other business incentives.