The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to locate or stay and grow in California
About the Credit:
- 25% Reserved for Small Businesses
- Available for all industries
- Online Application
- No Fee to apply
Who Can Apply?
Any business can apply for Cal Competes and there are no geographic or sector-specific restrictions that impact eligibility. In addition, twenty-five percent of the total credits available each fiscal year are specifically reserved for small businesses.
Mark Your Calendars!
The next application period begins January 2, 2018 and ends on January 22, 2018. Go to calcompetes.ca.gov to apply.Prior to each application period, the California Governor’s Office of Business and Economic Development (GO-Biz) offers online webinars on the California Competes Tax Credit program. Each webinar is 45-minutes long, followed by a Q&A session. Each presentation includes:
- Overview of the program
- Program goals and evaluation criteria
- Step-by-step instructions through the application process
Go to http://business.ca.gov/Programs/California-Competes-Tax-Credit/California-Competes/Webinars to register.