Businesses interested in applying for the California Competes Tax Credit (CCTC) have until March 28 to submit their applications to the Governor’s Office of Business and Economic Development (GO-Biz).

There will be at least $81 million in tax credits available for businesses that are expanding and adding jobs in the state. Businesses of all sizes are encouraged to apply.

The online application is available at www.calcompetes.ca.gov.

Since June 2014, GO-Biz has awarded $223 million in tax credits to 330 companies projected to create more than 42,000 jobs and make $10.2 billion in investments in California.

For more information about the CCTC program, including an application guide and FAQs, please visit:www.business.ca.gov/calcompetes.aspx

If you have any questions regarding the CCTC program or application process, please call (916) 322-4051 or email CalCompetes@gov.ca.gov.