Tag: California Competes Tax Credit (CCTC) and Grant Program (CCGP)

Economic Development Collaborative (EDC) Business Alert — California Competes Tax Credit and Grant Program

The California Competes Tax Credit (CCTC) and Grant Program (CCGP) are available to businesses that want to locate in California or stay and grow in California. Businesses of any industry, size, or location compete for over $180 million available in tax credits by applying in one of the three application periods each year. Applicants will be analyzed based on twelve different factors of evaluation, including number of full-time jobs being created, amount of investment, and strategic importance to the state or region.

Application Period Timeline: For the remainder of the fiscal year 2021-2022, GO-Biz will accept applications for the California Competes Tax Credit during the following periods:

January 3, 2022 – January 24, 2022
March 7, 2022 – March 28, 2022