The California Competes Tax Credit (CCTC) is an income tax credit 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.
The deadline to apply for this round is Aug. 16, 2021.
Prior to each application period, GO-Biz hosts online webinars about the California Competes Tax Credit program. Each webinar consists of a 45-minute presentation, followed by a question and answer session. Each presentation includes the following:
- Overview of the program
- Program goals and evaluation criteria
- Step-by-step instructions through the application process
All businesses are encouraged to participate in our webinars to receive instructions on how to apply. Below is a list of our upcoming webinars.
Refer to the California Competes Tax Credit website for further information.