Tax Credits. Real Dollars. Serious Growth Potential.
Ventura County businesses, take note: California Competes Tax Credit offers $308 million in incentives—and the first application window opens Monday, July 21, 2025 and closes Monday, August 11, 2025 at 11:59 p.m. PT.
Special consideration is given to businesses in “strengthen” and “accelerate” sectors from the Jobs First Economic Blueprint. Companies of any size or industry are eligible.
What You Need to Know:
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Subsidy: $308 M in tax credits for the July application round
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Total Available This Fiscal Year: $922.7 M across three rounds – Get the Workshop Overview
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Who it’s for: Businesses creating quality full-time jobs in targeted or strategic sectors
Windows of Opportunity:
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Round 1: July 21 – August 11, 2025
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Round 2: January 5 – January 26, 2026
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Round 3: March 2 – March 16, 2026
Submit via calcompetes.ca.gov. Questions? Contact GO‑Biz at CalCompetes@gobiz.ca.gov or 916‑322‑4051.
Free Webinar: Wednesday, July 23
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Time: 9:30–10:30 a.m. PT
Why It’s Worth It
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Offsets costs for expansion
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Supports good jobs in VC
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Comes with expert guidance and flexible application windows
Next Steps
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Register for the July 23 webinar
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Map your hiring and investment plans
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Visit the State’s CalCompetes site for guides and best practices
Bottom Line:
Ventura County businesses: CalCompetes is here to help you scale thoughtfully and competitively. The first application window opens in a week—make sure you’re ready.