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VIDEO: How to Apply for California Competes Tax Credit
3/25/2014 10:55:00 AM
The following video takes business owners through the on-line application for the California Competes Tax Credit. The application period is open until April 14th, 2014. Businesses of all sizes are encouraged to apply for free today!
GO-Biz to Host Regional 'CA Competes' Workshops - How Your Business Can Apply for New Tax Credits
3/6/2014 4:25:00 PM
Join the Governor’s Office of Business and Economic Development (GO-Biz) for a workshop on the new California Competes Tax Credit. Small, medium and large businesses are encouraged to attend the workshop and receive instruction on how to apply for this new tax credit program available from the state. The California Competes Program provides upwards of $180 million in tax credits over the next two years for businesses of all sizes that want to expand or relocate to California.
Gov. Brown and Israel Prime Minister Netanyahu Sign MOU - Designate iHubs to Strengthen Econ Ties
3/5/2014 5:06:00 PM
Governor Edmund G. Brown Jr. and Israeli Prime Minister Benjamin Netanyahu today signed a broad agreement to develop joint projects and conduct mutually beneficial research in California and Israel. "Through this agreement, California and Israel will build on their respective strengths in research and technology to confront critical problems we both face, such as water scarcity, cybersecurity and climate change," said Governor Brown. The agreement will also enable Israeli companies to access California's Innovation Hubs (iHUB), an innovation network that includes 16 clusters of research parks, technology incubators, universities and federal laboratories, together with economic development organizations, business groups and venture capital funds.
Gov. Brown Convenes International Trade & Investment Advisory Council at GO-Biz
2/26/2014 2:14:00 PM
Bolstering the state’s efforts to grow international business opportunities for California’s companies, Governor Edmund G. Brown Jr. today established the California International Trade and Investment Advisory Council and appointed former U.S. Ambassador to Hungary Eleni Kounalakis as chair. “As the economy recovers, California is well-positioned to expand its reach into foreign markets,” said Governor Brown. “Under the leadership of Ambassador Kounalakis, this council will help the state do just that.” The advisory council will advise the Governor’s Office of Business and Economic Development (GO-Biz) on strategies to expand international trade and investment for California businesses. Specifically, the council will assist GO-Biz in identifying foreign markets with the greatest potential for export expansion and in developing specific export strategies for those markets – including the state’s top trading partners, Canada, Mexico and China, and emerging markets such as Brazil and India.
'Big Three' Credit Agencies Upgrade State Infrastructure Bank Credit Rating AAA
1/16/2014 4:09:00 PM
Executive director of the California Infrastructure and Economic Development Bank (I-Bank) Teveia Barnes today announced that the ‘Big Three’ credit rating agencies – Standard and Poor’s (S&P), Fitch and Moody’s – have all awarded top ratings to the I-Bank’s approximately $97 million series 2014A infrastructure state revolving fund (ISRF) bonds, which are expected to be sold next week. The I-Bank’s ISRF Program provides loans to finance a wide range of infrastructure and economic expansion projects to local governments other eligible borrowers.
State Small Business Loan Program Receives Additional $27 Million from U.S. Treasury
1/15/2014 4:01:00 PM
Director of the California Infrastructure and Economic Development Bank (I-Bank) Teveia Barnes announced today that the U.S. Department of Treasury has authorized an additional $27 million in federal funding for the California Small Business Loan Guarantee Program (SBLGP) to provide loans to small business owners and entrepreneurs.
GO-Biz Director to Hold Media Availability at CA Competes Workshop in Glendale, CA
12/18/2013 3:26:00 PM
Director of the Governor’s Office of Business and Economic Development (GO-Biz) Kish Rajan will hold media availability at tomorrow’s public workshop in Glendale, CA. The workshop is designed to solicit input on the draft regulations for the California Competes Tax Credit program, an income tax credit available to businesses that want to expand, relocate or stay and grow in California. At the workshops, GO-Biz will provide an overview of the enacting legislation, discuss the draft regulations and welcome feedback from the community. Director Rajan will discuss the CA Competes program and the impact of California’s revamped approach to economic development. Additional detail can be found
GO-Biz Deputy Director Wins 2013 "Champion of Innovation" Award from North State Innovation Group
12/4/2013 3:44:00 PM
GO-Biz Deputy Director for Innovation and Entrepreneruship Louis Stewart was awarded the 2013 "Champion of Innovation" award at the Innovate North State Awards ceremony. North State region gathered to celebrate the coveted 2013 Innovation Awards with the theme A SALUTE TO GAME CHANGING INNOVATION – because it takes unconventional thinking, keen vision and dedicated execution to create life-changing innovative solutions. According to Managing Director Jon Gregory, “nominees and award recipients are from game-changing companies ranging in size from the earliest stage start-ups to the largest corporations in the region, along with representatives from government and education who are focused on fostering an environment conducive to innovation.”
Governor Brown Supports "Small Business Saturday" on November 30th
11/25/2013 4:06:00 PM
Governor Edmund G. Brown Jr. today issued a letter in support of the upcoming “Small Business Saturday” on November 30th. “Small businesses embody the entrepreneurial spirit that has driven the economy of our Golden State,” said Governor Brown in his letter. “Over half of our private sector workforce is employed by small business. On Saturday, November 30th, I urge all Californians to support small businesses and merchants on Small Business Saturday and throughout the year.” California has 3.4 million small businesses which account for 99 percent of the state's employers and employ 52 percent of the workforce. The complete text of the letter can be found here.
GO-Biz Attending the 2013 LA Auto Show
11/20/2013 4:15:00 PM
Governor Brown's Senior Advisor on jobs and business development Mike Rossi and Director of the Governor’s Office of Business and Economic Development (GO-Biz) Kish Rajan will join automotive industry executives for a tour of the 2013 Los Angeles Auto Show. Officials will discuss the importance of zero emission vehicles and the recent expansion of several automotive companies in California.
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