Sheppard Mullin, FACCSF and GABA have launched the Bootcamp Series: This series is focused on the American/Californian business environment and is tailored towards founders, officers and managers (CEO, CFO, CTO, CMO) of startup companies and newcommers in the Bay Area. We would like to share one part of the presentation (June 21th): Accessing the California Market : Navigating the Federal, State and Local Government for Incentives and Funding

1. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
Accessing the California Market :
Navigating the Federal, State and Local
Government for Incentives and Funding

2. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
Justin Currie
Project Manager, Bay Area
www.business.ca.gov

3. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
ABOUT GO-BIZ:
*California’s point of contact for economic development and
job creation efforts.
*Offers a variety of services to businesses interested in
California market: retention and expansion, site selection,
permit streamlining, clearing of regulatory hurdles, small
business assistance, international trade development, and
much more.

4. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
CALIFORNIA BUSINESS INCENTIVES:
*Employee Training & Job Placement Services
Employee Training Panel & Workforce Investment Boards
*California Tax Credits
Enterprise Zone Hiring Tax Credit
R&D Tax Credit
Clean Tech Sales & Use Tax Credit
*Innovation Initiatives
iHub Program
Stem Cell Research Initiative
Million Solar Roofs Program

5. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
EMPLOYEE TRAINING & JOB PLACEMENT SERVICES:
California Employee Training Panel
(ETP)

6. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
EMPLOYEE TRAINING PANEL:
ETP is a joint business-labor program funding training that
supports the creation and retention of high-wage, high-skilled
jobs.
Created in 1983, ETP serves as the State’s premier economic
development resource, targeting key industries including
manufacturing, biotechnology, logistics and clean technology.
Program information can be found at: http://www.etp.ca.gov

7. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
EMPLOYEE TRAINING PANEL:
*Cash reimbursement for high-value training (Contracts up to
$750,000.00)
*Extremely employer driven (curriculum flexibility and multiple
training options)
*Up to 200 hours of training per trainee
*Simple online tracking, reporting, and invoicing

8. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
EMPLOYEE TRAINING & JOB PLACEMENT SERVICES:
CALIFORNIA WORKFORCE INVESTMENT BOARDS
(WIBs)

9. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
CALIFORNIA WORKFORCE INVESTMENT BOARDS (WIBs):
*49 Workforce Investment Boards throughout the state
*Assist local businesses obtain access to federal funds &
resources for employee placement and job training
*On-the-Job Training Funds can provide employers up to
50% of a new employee’s wages while they are being trained
for a period of up to 6 months
More information can be found at: www.cwib.ca.gov

10. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
CALIFORNIA TAX CREDITS:
*ENTERPRISE ZONE HIRING TAX CREDIT
*RESEARCH & DEVELOPMENT TAX CREDIT
*CLEAN TECH SALES & USE TAX EXEMPTION

11. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
CALIFORNIA ENTERPRISE ZONE PROGRAM:
*42 Enterprise Zones throughout California
*Incentives associated with locating business within an EZ include:
Hiring Tax Credit (up to $37,440 credit per employee over 5
year period)
Sales Tax credits on purchases of qualified equipment (up to
$20 million per year)
15-year carryover of up to 100% of net operating losses
More information can be found at: www.hcd.ca.gov/fa/ez/

12. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
RESEARCH & DEVELOPMENT TAX CREDIT:
*Highest R&D Tax Credit in the United States
*15% tax credit for all R&D conducted in-house
*24% tax credit for all R&D sub-contracted within
California
*Simplified filing process for obtaining credit- Form 3523
Research Credit
www.ftb.ca.gov

13. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
CLEAN TECH MANUFACTURING SALES & USE TAX CREDIT:
California Alternative Energy & Advanced Transportation Authority
(CAEATFA Program)
SB 71- California Legislation authorizes State Treasurer’s Office
to allow certain clean tech companies to obtain sales & use tax
exemption on the purchase of equipment
GO-Biz is able to facilitate initial stages of process on behalf of company
More information can be found at: www.treasurer.ca.gov/caeatfa/

14. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
INNOVATION INITIATIVES:
iHUB PROGRAM
STEM CELL RESEARCH INITIATIVE (Proposition 71)
MILLION SOLAR ROOFS PROGRAM

15. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
INNOVATION HUBS (iHubs)
*Established in 2010, the iHub Program seeks to promote California’s
innovative spirit through local partnerships with government entities,
universities, businesses and venture capitalists
*Focus on young , innovative companies (8 years old or less)
*Anchored by a major university or research center in California
*Foster innovation through the use of research centers, technology
incubators, business accelerators, and federal laboratories

16. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
STEM CELL RESEARCH INITIATIVE (Proposition 71)
*Prop 71 established the California Institute for Regenerative Medicine
(CIRM) in 2004
*CIRM provides grants & loans to companies engaged in stem cell
research and related development activities
*$3 billion in mandated bond funding
*$300 million a year allocated for research and
development of stem cells
For more information about CIRM funding opportunities please visit:
www.cirm.ca.gov

17. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
MILLION SOLAR ROOFS INITIATIVE
*California Solar Initiative (CSI)- established in 2006 with the goal of placing
solar panels on 1,000,000 roofs in California by 2016
www.gosolarcalifornia.ca.gov
*The CSI budget- $2.167 billion between 2007-2016, goal to install 1,940 MW
of new solar generation capacity
*Provides funding for installation on existing homes and existing or new
commercial buildings
*Provides grant funding for research, development, demonstration, &
deployment of solar technologies ($50 million in funding available)

18. GOVERNOR’S OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT (GO-BIZ)
STATE OF CALIFORNIA OFFICE OF GOVERNOR EDMUND G. BROWN JR
Justin Currie
Project Manager, Bay Area
Governor’s Office of Business & Economic Development
415-557-0110
justin.currie@gov.ca.gov