- DATA &
- TRANSPORTATION &
- SHASTA EDC
In 2009, 41% of venture deals and 50% of venture capital was generated in California. California has long been the source of innovation in the United States. These business relocation and expansion incentives make it attractive to exist in the heart of the 8th largest economy in the world.
Credit up to $3,000 for each additional full-time employee hired to small businesses with 20 or less employees beginning January 1, 2009.
Tax credits for in-house research expenses and a 24% credit for basic research payments to outside organizations.
Job training funds available to all California manufacturing companies, or relocating to California from other states or countries. Provides funds for trainees who successfully complete training and are retained in well-paying jobs for a specific period of time.
Tax exempt securities for acquisition, construction, rehab and equipping manufacturing facilities. Low interest rate 20-30% below commercial, up to 30 years.