California’s economic development office awards $73.5M in tax credits for high-growth companies

Jul 1, 2020 | News Article

By Mark Anderson, Sacramento Business Journal

“California’s state economic development office has approved $73.5 million in California Competes Tax Credits for 22 companies that have pledged to create nearly 6,000 new jobs, including four with local operations. The Governor’s Office of Business and Economic Development, or GO-Biz, offers future California tax credits as an economic development incentive to companies that pledge to invest in California facilities and to add new employees over a five-year period.” Read the Sacramento Business Journal article here.

About GO-Biz
The Governor’s Office of Business and Economic Development (GO-Biz) serves as the State of California’s leader for job growth and economic development efforts. GO-Biz offers a range of services to business owners including: attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and much more. For more information visit the GO-Biz website.

Kaitlin Lewis
Assistant Deputy Director of Communications
Email Kaitlin, HERE 
Phone: (916) 204-2107

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