Business Incentives

California consistently creates more business and economic opportunity than any other region in the world. If your business is considering expanding or relocating to California, our office provides no-cost, confidential services for incentive and grant navigation. Our team of business consultants will guide you through the available tax credits, grants, and financing assistance options that are available to your business.

California Competes Tax Credit

The California Competes Tax Credit is an income tax credit available to businesses who want to relocate, stay, or grow in California. Our team provides no-cost consultations to see if your business qualifies.

Advanced Transportation and Manufacturing Sales and Use Tax Exemption

The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) offers a full sales and use tax exclusion to manufacturers that promote alternative energy and advanced transportation.

Research & Development Tax Credit 

A business may qualify for an income tax credit if it paid for or incurred qualified research expenses while conducting qualified research activity in California. Qualified research expenses include wages, supplies, and contract research costs.

Employment Training Panel

The Employment Training Panel (ETP) provides funding to employers for training that upgrades the skills of their workers.

Economic Development Rate Program

This program gives special utility discounts for businesses that require high-energy loads to operate or continue operating in California.

References
1. “-California Competes Tax Credit ($236,808,527) – California Film & Television Tax Credit ($330,000,000) – Employment Training Panel ($103,000,000) – Advanced Transportation and Manufacturing Sales and Use Tax Exclusion ($100,000,000) – Low Carbon Transportation Investments and the Air Quality Improvement Program ($533,000,000) “
2. U.S. Bureau of Labor Statistics