The Governor’s Office of Business and Economic Development (GO-Biz) will be awarding $230.4 million during fiscal year 2017-18 under the California Competes Tax Credit (CCTC) program. The CCTC encourages business taxpayers to relocate to California or remain and grow in the state. Awards are offered for hiring full-time employees and investing in personal and real property. GO-Biz has announced three application periods:
- July 24, 2017 through August 21, 2017
- January 2, 2018 through January 22, 2018
- March 5, 2018 through March, 26, 2018
Additional information is available here. Please call or email us for a free consultation if you are interested in pursuing this incentive.