
The California Economic Development Partnership is a
statewide association of government entities and businesses - with a
focus on Southern California and Los Angeles (City and County) in
particular. The Partnership is a Certified Community Development
Entity as recognized by the US Treasury, and provides access to
federal and state funding for business investments that will create
jobs and result in economic benefit to communities throughout the
State of California.
The Partnership provides support to both businesses
and government agencies.
Support for businesses often takes the form of
funding - significant grants, tax credits, low interest loans and
other financial mechanisms. For example, salable federal tax credits
equal to 39% of a qualified investment are available. In California,
additional significant discretionary state incentives for a
qualified investment may be available as well. Other examples of
incentives for investment include the gift of land and/or buildings,
cash grants, zero interest loans and grants to train
employees.
Support for government agencies includes grant
writing and other funding sourcing.
For more information, write to us
at: