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

CALIFORNIA INNOVATES

CALIFORNIA CREATES

CALIFORNIA BUILDS

CALIFORNIA PRODUCES

5th

Largest Gross Domestic Product in the World¹

#1

in New Business Starts²

#1

State in Access to Venture Capital Funding³

Governor’s Office of Business and Economic Development

The Governor’s Office of Business and Economic Development (GO-Biz) serves as the State of California’s leader for job growth, economic development and business assistance efforts.

We offer no cost consultation for incentive identification, site selection, regulatory or permitting compliance assistance, foreign direct investment and export assistance. Contact us to get started.

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Future of Work

Governor Newsom has tasked the Future of Work Commission to develop a new social compact for California workers, based on an expansive vision for economic equity that takes work and jobs as the starting point.

Regions Rise Together

Regions Rise Together is focused on supporting a “regions up” approach to economic development and connecting California’s diverse regions, so we are all working together towards an inclusive and sustainable economic future.

Get Digital CA!

Get Digital CA! is an e-commerce initiative to promote accelerators and intensive trainings to build the skills necessary to compete in an online marketplace and drive Californians to support small businesses through online festivals.

California Opportunity Zones

California’s Opportunity Zones site features resources and best practices for economically distressed communities across the state – from developing sustainable housing and infrastructure to supporting small businesses and entrepreneurs.

GO-Biz Economic Impact

Dollars in New Investments Committed by Businesses Across the State Awarded by the California Competes Tax Credit

Dollars in Direct In-State Spending by Film and TV Tax Credit Recipients

Small Business Jobs Created or Retained With Help From IBank's 2019-20 Loan Guarantees

California is known for its spirit of innovation. The people that embody this spirit live throughout the entire state. We at Bitwise Industries believe that by making opportunities in tech available to all, we can change the face of an industry and reignite economies.

Irma Olguin Jr., co-founder of Bitwise Industries in Fresno

As a small business in California, we are extremely grateful for our customers who have trusted us to meet their electrical and energy needs, for all the resources and opportunities available to help small businesses grow and our state’s commitment to workforce and business development.

Windell Pascascio Jr., President, Imperial Electric Service Inc

The CA SBDC program is excited at what another year of funding from Go-Biz will mean to the small business community throughout the state. Go-Biz funding will allow the SBDC’s to expand its reach and create innovative and impactful programs that will lead to the growth of existing businesses and the start of many new businesses in underserved and underrepresented areas.

Mike Daniels, Regional Director Orange County / Inland Empire SBDC Network

These funds allow the Los Angeles Regional Small Business Development Network to leverage our federal dollars to support significantly more small businesses in the greater Los Angeles region. In the program’s first year, we counseled over 2,500 more clients than the previous year, leading to our highest levels of economic impact to date. Continued funding will further expand our client base and lead to development of new programs designed to increase support for underrepresented entrepreneurs.

Pat Nye, Regional Director of the Los Angeles Small Business Development Network

The 13 Women’s Business Centers in California were pleased to receive TAEP funding this year at record levels. This historic funding allows the Centers to expand the reach and breadth of their services for under-served women entrepreneurs across the state at a time when the capital access and wealth gap for communities of color looms so large in California. In addition to vigorous entrepreneurial training and business coaching, expansion efforts include adding curriculum in different languages, and opening new offices in locations such as Bakersfield and Redding.

Nancy Swift, Executive Director of Jefferson Economic Development Institute and Chair of the Steering Committee of the Network of California Women’s Business Centers

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News & Press Releases

Office of the Small Business Advocate Announces New Funding Rounds for the California Small Business COVID-19 Relief Grant Program

Jul 29, 2021

CalOSBA, part of GO-Biz, announced today that there will be three additional rounds for the California Small Business COVID-19 Relief Grant Program following Governor Gavin Newsom signing into law the largest economic recovery package in state history…

California Labor Secretary Releases Joint Statement with GO-Biz Director on May Employment Numbers

Jun 18, 2021

Following the California Employment Development Department’s release of the state’s employment data from May, California Labor Secretary Julie A. Su issued…

California Awards $71.1 million in Tax Credits Projected to Create More Than 5,200 Jobs

Jun 17, 2021

GO-Biz today announced tax credit awards to 16 businesses that are projected to create more than 5,200 new, full-time jobs in California thanks to $71.1 million in tax credits…

The Governor’s Office of Business and Economic Development Awards $29.1 Million in Grants to Counteract Impacts of the War on Drugs

Jun 10, 2021

Today, GO-Biz announced 58 grants totaling $29.1 million awarded to community-based nonprofit organizations across the state. The funds come from cannabis tax revenue generated by…