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BioCommunique Article

The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to come to California or stay and grow in California.

Applications Open for $80M in California Competes Tax Credits via GO-Biz

  • 2021-01-21T21:00:00.000+0000
  • California
  • Author: Emily Cassel

The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to come to California or stay and grow in California. Biocom was a key partner in creating this program and many growing life science companies have been successful in their applications. The application deadline is on Monday, January 25th and this round has $80 million in available tax credits. Interested businesses can register to view a live webinar which explains the application process.

The online application can be accessed now at http://www.calcompetes.ca.gov.