News from: Riverside County Economic Development

The Governor’s Office of Business and Economic Development (GO-Biz) is now accepting applications for the California Competes Tax Credit (CCTC).  There are at least $104.7 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, March 28, 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. In addition, members of the CCTC team are available to provide technical application assistance.  In addition, an updated application guide, Frequently Asked Questions (FAQs), and program regulations are available at www.business.ca.gov/CalCompetes.aspx.  For applicants that are reapplying, the FAQs include instructions on how to copy information from a previously submitted application.

If you have any questions regarding the CCTC program or application process, please call (916) 322-4051 or email CalCompetes@gobiz.ca.gov.

Businesses interested in learning more about the CCTC can participate in free application webinars.

MARCH 17, 2022 APPLICATION WEBINAR – REGISTER HERE

MARCH 22, 2022 APPLICATION WEBINAR – REGISTER HERE