The Governor’s Office of Business and Economic Development (GO-Biz) and the Fresno County EDC are hosting a workshop for small, medium and large businesses on the California Competes Tax Credit (CCTC).

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The workshop will take place on Wednesday from 3-4:30 p.m. in the city council chambers at Fresno City Hall, located at 2600 Fresno St. in Downtown Fresno.

CCTC is an income tax credit available to businesses that want to locate in California or stay and grow in California.

The next application period for the CCTC begins July 25 and closes Aug. 22. During that period, $75 million in tax credits will be available.

In the coming months, GO-Biz will be conducting a series of workshops across California designed to help businesses apply for the CCTC.

“The California Competes tax credit has encouraged hundreds of companies to expand in California and add valuable jobs in the state,” said GO-Biz Deputy Director Kristen Kane. “Our continued goal for these workshops is to reach new businesses in diverse communities that would benefit from more state resources.”

GO-Biz is awarding a total of $243.3 million in tax credits in fiscal year 2016-17.

The program is open to any business planning to create new full-time jobs in the state, regardless of size or location. Since 2014, GO-Biz has awarded $340 million to more than 500 companies projected to create over 55,000 jobs and make $12.9 billion in investments.

For more information on California Competes or any other incentive programs, contact Mark J. Mimms II, economic development coordinator at the Fresno County EDC (mmimms@fresnoedc.com).