News & Press Releases
- California awards $52.4 million to reinvest in communities, increase economic opportunity across the state May 16, 2025 - Sacramento, CA – Today, the Governor’s Office of Business and Economic Development (GO-Biz) awarded $52.4 million to 33 organizations through the California Community Reinvestment Grants (CalCRG) program, which serves communities...
- California’s Jobs First regional plans recognized by federal government, creating new opportunities for state economic investment and coordination April 10, 2025 - SACRAMENTO — Today, Governor Newsom and the California Jobs First Council Co-Chairs announced that the United States Economic Development Administration (EDA) has formally accepted all thirteen Jobs First regional plans as Comprehensive Economic Development Strategies (CEDS)...
- IBank Board Approves $8.6 Million Loan to Alta Irrigation District for Water Conservation April 2, 2025 - SACRAMENTO (April 2, 2025) — The California Infrastructure and Economic Development Bank (IBank) board of directors approved $8.6 million in loan financing for the Alta Irrigation District for a project that will improve water drainage and supply and help with flood control efforts...
- Shrina Kurani Appointed Deputy Director of Venture Capital at IBank March 24, 2025 - SACRAMENTO (March 24, 2025) — The California Infrastructure and Economic Development Bank (IBank) is pleased to announce the appointment of Shrina Kurani as Deputy Director of Venture Capital. In this role,...
- California Awards $18.4 Million to Support Access to the Golden State’s Cannabis Industry March 4, 2025 - GO-Biz announced $18.4 million in grant funding to assist 18 local jurisdictions as they eliminate barriers to entry in the regulated cannabis industry, thereby promoting equitable economic opportunities...
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