Nevada County, California

Local Incentives:

• Nevada County Grants and Funding Opportunities
• Nevada County Economic Development

State Incentives:

• California I-Bank (CA Treasurer’s Infrastructure & Economic Development Bank) (IBank) offers industrial development bonds, small business loan guarantee (1-750 employees), and tax-exempt financing for manufacturers facilities and equipment.
• CA I-Bank Climate Catalyst Program – offers a range of financial instruments to help bridge the financing gap currently preventing advanced technologies from scaling into the marketplace – with biomass management and utilization as one critical focus.
• California Competes Tax Credit – significant incentives for job creation and investment, evaluated annually by the Governor’s Office.
• Work Opportunity Tax Credit (WOTC) – promotes the hiring of individuals who qualify as members of target groups, by providing a federal tax credit incentive of up to $9,600 for employers who hire them.
• Sales Tax Exemption – Administered by the California Department of Tax and Fee Administration (CDTFA) – for manufacturers and certain research and developers, certain electric power generators and distributors, may qualify for a partial exemption from sales and use tax on the purchase or lease of qualified machinery and equipment primarily used in manufacturing, research and development, and electric power generation or production, storage or distribution.
• Sales and Use Tax Exclusion (STE) Program – Administered by the California Alternative Energy and Advanced
• Transportation Financing Authority (CAEATFA) – provides a full sales and use tax exclusion for advanced manufacturers and manufacturers of alternative source and recycled feedstock.
• The Employment Training Panel (ETP) – provides funding to employers for training that upgrades the skills of their workers.
• Economic Development Rate Program (GO-Biz) – This program gives special utility discounts for businesses that require high-energy loads to operate or continue operating in California.
• Business Investment Services(CalBIS) – Help businesses with incentive navigation, site selection, connecting with other state agencies and permit assistance.
• Export Support STEP Grant – Grant funding for CA small businesses seeking to expand into foreign markets.