Read about the latest GO-Biz news!
December 6, 2019 62 62
Sacramento, CA – Today, the Governor’s Office of Business and Economic Development (GO-Biz) launched a video sharing the “#ShopLocalCA” social media campaign, which celebrates the diversity of California’s small businesses this holiday season. The #ShopLocalCA campaign amplifies the stories of California's vital small businesses, which are the backbone of our state’s economy. The social media campaign gives Californians an inside look into dozens of small businesses and invites them to participate in this celebration by sharing their favorite small businesses through the hashtag #ShopLocalCA on all social media platforms.
November 15, 2019 783 783
Sacramento, CA – Following the California Employment Development Department’s (EDD) release of the state’s employment data from October, the Governor’s Chief Economic and Business Advisor and Director of the Governor’s Office of Business and Economic Development, Lenny Mendonca issued the following statement:
November 13, 2019 732 732
Sacramento, CA – Today, the Governor’s Office of Business and Economic Development (GO-Biz) announced that the California Competes Tax Credit (CCTC) Committee approved $88.7 million in tax credits for 14 companies projected to create 2,327 new, full-time jobs and more than $1.5 billion in new investments across California. View the complete list approved companies and award amounts. Since 2014, GO-Biz has allocated $1.04 billion to 1,043 companies projected to create 108,510 new jobs and make $20.9 billion in new investments.
October 21, 2019 1620 1620
Sacramento, CA – Today, the Governor’s Office of Business and Economic Development (GO-Biz) announced grant awards to 69 recipients of the California Small Business Technical Assistance Expansion Program (SB TAEP). The state’s $17 million in grant funding has been allocated to technical assistance centers for expansion of their business consulting and training services to historically under-resourced businesses and communities, including minority, women, and veteran-owned businesses and low-wealth, rural, and disaster-impacted communities.
“California is the innovation state and leads the nation in startups, and we must ensure that gender, race, and zip code are not barriers to success. With expanded technical support, our small businesses and entrepreneurs can continue to build communities along Main Streets, make next generation products, innovate solutions to global problems, and create new industries,” said Isabel Guzman, Director of GO-Biz’s Office of the Small Business Advocate, which administers SB TAEP. “We recognize that every small business needs a team and this grant program will give many owners and founders access to free expert consultants, low-cost or free training, and connection to resources and tools they need to launch, grow and successfully operate their companies. Our small businesses are vital to California’s future inclusive economy.”
October 18, 2019 1096 1096
Sacramento, CA – Following the California Employment Development Department’s (EDD) release of the state’s employment data from September, the Governor’s Chief Economic and Business Advisor and Director of the Governor’s Office of Business and Economic Development, Lenny Mendonca issued the following statement:
September 25, 2019 3708 3708
Sacramento, CA – Today, the Governor’s Office of Business and Economic Development (GO-Biz) announced 69 grants totaling $28.5 million awarded to organizations across the state. The funds come from cannabis tax revenue generated by The Adult Use of Marijuana Act (Proposition 64, 2016), and are granted through the California Community Reinvestment Grants (CalCRG) program. These grants serve communities disproportionately affected by the War on Drugs (WoD). “We have a moral responsibility to address the War on Drugs’ multi-generational impacts that have marginalized communities throughout our state,” said Governor Gavin Newsom. “Programs like CalCRG exemplify California’s commitment to this responsibility, and it ensures our cannabis marketplace remains rooted in social justice.”
September 23, 2019 1510 1510
Sacramento, CA – In July, the Governor’s Office of Business and Economic Development (GO-Biz) announced five new members to its Entrepreneurship Task Force (Task Force) alongside the fourth episode of GO-Biz’s podcast, Made in California. New members:
September 20, 2019 1554 1554
Sacramento, CA – Following the California Employment Development Department’s (EDD) release of the state’s employment data from August, the Governor’s Chief Economic and Business Advisor and Director of the Governor’s Office of Business and Economic Development, Lenny Mendonca issued the following statement.
September 17, 2019 1310 1310
SACRAMENTO, September 13, 2019 - The Governor’s Office of Business and Economic Development (GO-Biz) and the California Department of Food and Agriculture (CDFA) today announced that California received a $600,000 grant from the U.S. Small Business Administration (SBA) to help California small businesses boost trade and exports abroad. CDFA and GO-Biz will use the funds as part of the California State Trade Expansion Program (STEP) to help California small businesses participate in activities like foreign trade shows and access foreign markets through trade promotion initiatives. “We look forward to the continued support from the US Small Business Administration. State access to STEP funds have allowed us to create opportunities for small businesses to market their products globally, scale their operations, meet new international customers, and create jobs across our state,” said Bud Colligan, Senior Advisor for International Affairs and Trade at the Governor’s Office of Business and Economic Development (GO-Biz). “As the world’s 5th largest economy, California needs to make sure our small businesses are integrated into the global economy and the STEP program allows us to do just that.”
July 29, 2019 2441 2441
Sacramento, CA – Today, $90 million in tax credits is officially available to businesses that want to come to California or stay and grow in the Golden State. The Governor’s Office of Business and Economic Development (GO-Biz) is now accepting applications for the California Competes Tax Credit (CCTC). The tax credit program is open to any business planning to create new full-time jobs in the state, regardless of size or location. The deadline to submit applications is Monday, August 19 at 11:59 p.m. (Pacific Time). The online application automatically closes once the deadline has passed. “This Administration is committed to ensuring the California Dream is accessible to all Californians,” said Lenny Mendonca, Chief Economic Advisor to the Governor, GO-Biz Director, and Chair of the California Competes Tax Credit Committee. "Since 2014, we have allocated nearly $1 billion to 1,029 companies through the California Competes Tax Credit. That has led (or is leading) to the creation of more than 100,000 jobs and nearly $19.5 billion in new investments across the state. This is a vital tool we have to support businesses that are adding good-paying, high-quality jobs across all regions of California.”
Kaitlin Lewis Assistant Deputy Director of Communications
Email: kaitlin.lewis@gobiz.ca.gov
Phone: (916) 204-2107
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