C&I ALERT: New CALCOMPETES Grant Program Launches in January 2022

As part of the State of California’s economic recovery plan, Governor Newsom and the California Legislature allocated $120 million for fiscal year 2021-2022 for a new California Competes Grant Program (CCGP). This program is an addition to the existing California Competes Tax Credit program, which has an allocation of $394 million available for fiscal year 2021-2022.