By Diane Harkey
California is offering over $200 million in tax credits this year to growing businesses. Applying for this incentive is free and available to businesses of all sizes. Free workshops are being held throughout Southern California this July.
New California Competes workshops have been added:
- San Diego: July 20 10:30am – 11:30am, Register here
- Vista: July 21 10am – 11:30am, Register here
- Oceanside: July 21 1pm – 2:30pm, Register here
The California Competes Tax Credit is an income or franchise tax credit available to businesses that relocate to California or stay and expand in California. Tax credit agreements are negotiated by the Governor’s Office of Business and Economic Development (GO-Biz) and approved by the statutorily created California Competes Tax Credit Committee.
It has been my pleasure to support businesses in our region who received over $6 million in the last quarter alone. I am happy to write letters of support for District 4 businesses so our local economy can further grow and prosper. If you would like a letter of support, email me directly at diane.harkey@boe.ca.gov
Click here to request a letter of support for your business
Register for a Cal Competes event near you here.
For more information, visit the California Competes website here.
