⚠ Grant information is for general reference. Deadlines and eligibility change — always verify directly with the granting agency before applying.

Varies — $308M available per annual round

California Competes Tax Credit

Governor's Office of Business and Economic Development (GO-Biz)

Competitive California tax credit for businesses creating jobs and investing in the state.

StateGrantCalifornia

📅 Deadline: Three application windows per year at business.ca.gov

Amount

Varies — $308M available per annual round

Type

Grant

Source

State

Provider

Governor's Office of Business and Economic Development (GO-Biz)

About this program

A competitive income tax credit for businesses locating, staying, or growing in California. Three application windows per year. Evaluated on job creation, capital investment, and strategic importance. Larger job creators score higher in the competitive review.

Who qualifies?

Any California business or business planning to relocate to California. Evaluated on jobs created, capital investment, and economic benefit to the state.

What you get

Income tax credit that can significantly reduce your California tax liability. Not a direct cash grant but equivalent value.

Requirements

✓California nexus
✓Job creation commitment
✓Capital investment plan

How to apply

1Apply at business.ca.gov/programs/californiacompetes
2Three windows per year — check website for dates
3Submit business financials and detailed job creation projections

Apply at the official source

Always verify deadlines and requirements directly with the granting organization before applying.