The next California Competes Tax Credit (CCTC) application period starts Monday, March 6, 2023, with at least $99.7 million in available tax credits. Businesses interested in applying can register to view a live webinar explaining the application process.
The deadline to submit applications is Monday, March 20, 2023, 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 here starting March 6, 2023.
An application guide, Frequently Asked Questions (FAQs), program regulations, and a downloadable version of the webinar presentation are available here.
Upcoming Webinars
March 8, 2023: Details and Registration
March 16, 2023: Details and Registration
About California Competes
The CCTC is an income tax credit available to businesses that want to locate in or stay and grow in California and create quality, full-time jobs in the state that might not otherwise be created by the business or any other business. Tax credit agreements are negotiated by GO-Biz and approved by a statutorily created “California Competes Tax Credit Committee,” consisting of the State Treasurer, the Director of the Department of Finance, the Director of GO-Biz, and one appointee each by the Speaker of the Assembly and Senate Committee on Rules.
Grant Management Associates has years of experience in helping applicants apply for opportunities like this one. Contact us today for a consultation.
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