State (CA)Tax CreditGO-Biz
California Competes Tax Credit (CalCompetes)
Governor's Office of Business and Economic Development
Max Funding
Up to $5,000,000
Deadline
2026-08-18
Location
CA State
Add Application Deadline to Calendar
Deadline scheduled for 2026-08-18. Export directly to your schedule.
Program Summary & Scope
CalCompetes is an income tax credit available to businesses expanding in California or relocating to the state. Evaluation criteria focus on job creation, capital investment, and economic impact within California.
Key Requirements & Eligibility Criteria
- Non-refundable credit carryover for up to 6 taxable years
- Requires 5-year employment and investment growth commitments
- 15% of annual allocation reserved specifically for small businesses with under $2M revenue
Eligible Startup Stages
Early StageGrowth / Phase II
Target Industries & Sectors
AICleanTechHardwareBiotechDeepTech