GO-Biz Now Accepting Applications for California Competes Tax Credits - Deadline 1/23/23
The Governor’s Office of Business and Economic Development (GO-Biz) is now accepting applications for the California Competes Tax Credit (CCTC). There are $120 million in tax credits available during this application period for businesses that are expanding and adding quality, full-time jobs in California that might not otherwise be created by the business or any other business. The deadline to submit applications is Monday, January 23, 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 at www.calcompetes.ca.gov.
Members of the California Competes team are available to provide technical application assistance. In addition, an updated application guide, Frequently Asked Questions (FAQs), a recorded webinar, and program regulations are available at www.business.ca.gov/calcompetes.aspx. For applicants that are reapplying for the credit, the FAQs include instructions on how to copy information from a previously submitted application.
Businesses interested in learning more about California Competes can participate in free application webinars.
Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.