California Competes Grant Round 1
Governor's Office of Business and Economic Development
About this archived opportunity
The primary goal of the CCGP is to incentivize businesses to choose California and to create quality, full-time jobs in the state. A significant priority for this grant program is to make resources available to businesses for whom a non-refundable tax credit would not provide a significant financial benefit. The CCGP was specifically created for two types of businesses: (1) businesses that continuously reinvest profits, generating either significant research and development tax credits and/or net operating losses resulting in little to no tax liability; and (2) startups with little to no tax liability. While there are no geographic or sector-specific restrictions, the purpose of the California Competes Grant Program is to attract and retain high-value employers in California in industries with high economic multipliers and that provide their employees good wages and benefits.
Historical details
- Status
- Closed
- Deadline
- January 24, 2021
- First captured
- March 14, 2026
- Award
- $5,000,000 - $36,000,000
- Publisher reference
- 80825
Eligibility: In order to be eligible to apply, a business must commit to at least one of the following criteria: 1. create at least 500 new, full-time jobs in California, or 2. invest at least $10 million in facility construction/renovation, or 3. create the jobs or make the investments in an area of high unemployment and/or high poverty as defined by the California Competes regulations
This opportunity has closed
California Competes Grant Round 1
by Governor's Office of Business and Economic Development
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