News & Press Releases
- California’s Film & Television Tax Credit Program Attracts Biggest Blockbuster in Program History, Adding $166 Million to State’s Economy February 26, 2024 - Hollywood, Calif. – February 26, 2024 – The California Film Commission (CFC) is proud to announce a significant boost to California’s entertainment industry economy with the addition of five big-budget projects and ten independent films into Film and Television Tax Credit Program.....
- IBank Announces Additional Funding to Support Its Expanding Venture Capital Access Program December 4, 2023 - SACRAMENTO (December 4, 2023) — Today, the state of California’s Infrastructure and Economic Development Bank (IBank) announced a new state supplement fund designed to increase effectiveness of its Expanding Venture Capital Access program.....
- California Invests $149 Million in Cutting-Edge Companies, Creating Nearly 6,000 Jobs November 17, 2023 - SACRAMENTO – Governor Gavin Newsom today announced that California has awarded more than $149 million in grants and tax credits to 12 innovative companies, creating nearly 6,000 full-time jobs and bringing in an estimated $1.3 billion in private investment over the next five years...
- California Awarded Up to $1.2 Billion to Advance Hydrogen Roadmap and Meet Climate and Clean Energy Goals October 13, 2023 - California – Today, in a historic announcement, California has been awarded up to $1.2 billion from the United States Department of Energy (DOE) to build and expand projects focused on clean energy and creating green jobs with the ultimate goal of achieving a net-zero carbon economy by 2045....
- California’s Minority-Owned Small Businesses Contribute $192.8 Billion in Economic Output and Support Over 2.5 Million Jobs Annually, New Report Shows October 10, 2023 - WHAT YOU NEED TO KNOW: The first “State of Diverse Small Businesses in California” report details the statewide impact of minority-owned small business, noting that, annually, they contribute $192.8 billion in economic output....
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