California Awards $120 Million in Grants and $66.4 Million in Tax Credits
The California Governor’s Office of Business and Economic Development (GO-Biz) announced $120 million in California Competes (CalCompetes) grant awards that are projected to create more than 7,615 new, full-time jobs in California and bring over $3.3 billion in new investments to the state over the next 5 years.
In addition, GO-Biz announced $66.4 million in tax credits that are projected to create more than 3,992 new, full-time jobs in California. These awards will bring more than $645 million in new investments to the state over the next 5 years.
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