Milpitas Business Assistance Resources

Office of Economic Development 

February 17, 2023 

The Milpitas Office of Economic Development hopes that 2023 is off to a good start for you, your business, employees, and clients. This Constant Contact message includes information for anyone that has or will experience a layoff, details on green business incentives, Cal Competes Tax Credits, and a Go-Biz resource page related to the CHIPS program. 

NOVAworks and the Employment Development Department are hosting upcoming layoff assistance webinars. People facing recent or future layoffs can learn about resources to assist with career transition during free, one-hour webinars, including:

• Filing for Unemployment Insurance

• Certify weekly Unemployment Insurance benefits

• Register for Covered California healthcare

• Support, coaching and training resources

Upcoming Webinars

February 21

March 7

March 21

NOVAworks: 408-730-7232 • [email protected] • novaworks.org

The California Green Business Network is hosting its Sustainable Business Challenge across California. All businesses in Santa Clara County are now eligible for $500 in incentives to help reduce their operational costs and become a certified Green Business by Earth Day 2023 (April 22). In addition to the $500, newly certified Green Businesses will receive free paid ads, a directory listing, a certificate, and a marketing toolkit upon completion.

Meet with a Green Business coordinator to learn how to qualify for the $500 rebate and other benefits. Schedule a call today.

California Competes Tax Credit Application Period Opens March 6

The next California Competes Tax Credit application period begins March 6 with at least $99.7 million in available tax credits. The deadline to submit applications is March 20 at 11:59 p.m. and the online application website will automatically close once this deadline has passed. The online application can be accessed starting March 6 at www.calcompetes.ca.gov. Businesses interested in applying can register to view a webinar explaining the application process.

Governor’s Office of Business and Economic Development (Go-Biz) can provide technical assistance. Contact Go-Biz at [email protected] or 916-322-4051. The application guide, FAQ’s, program regulations, and a downloadable version of the webinar presentation are available from Go-Biz.

This income tax credit is available to businesses wanting to locate to, or stay and grow in California and create quality, full-time jobs that might not otherwise be created by the business or any other business. Tax credit agreements are negotiated by GO-Biz and approved by a committee of California state officials. 

Upcoming Webinars

March 8

March 16

New Resource Webpage Available for Upcoming February CHIPS Solicitation

Last year, President Biden signed into law the CHIPS and Science Act of 2022, which provides the Department of Commerce with $50 billion for a suite of programs to strengthen and revitalize the U.S. position in semiconductor research, development, and manufacturing – while also investing in American workers.

The Governor’s Office of Business and Economic Development has launched a resource page ahead of the upcoming CHIPS for America program launch that includes details on state programs, data, updates, and more. The page outlines popular California incentive and workforce development programs, such as the California Competes Tax Credit and Research & Development Tax Credit, which future CHIPS applicants and other semiconductor companies may leverage.

Join GO-Biz’s new Semiconductor Mailing List for news and updates and connect with GO-Biz directly regarding upcoming CHIPS funding.

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