News & Press Releases
- CalOSBA Awarded $25.3 million from Biden-Harris Administration to Support Small Businesses and Entrepreneurs across California August 8, 2023 - SACRAMENTO, CA – Last week, the California Office of Small Business Advocate (CalOSBA), an arm of the Governor’s Office of Business and Economic Development (GO-Biz), was awarded the State Small Business Credit Initiative Technical Assistance (SSBCI TA....
- CalOSBA Invests $25 Million for Launch of Nation’s First Statewide Program to Support Employment Social Enterprises July 17, 2023 - SACRAMENTO, CA (July 17, 2023) —CalOSBA has selected its partners to build a first-of-its-kind program designed to accelerate economic inclusion by investing in the power of employment social enterprises (ESEs). CA RISE (California Regional Initiative for Social Enterprise) will help ESEs statewide improve their business stability and advance the economic mobility....
- California Announces First Investment by Program Designed to Create More Inclusive Venture Capital Ecosystem June 27, 2023 - Today, IBank announced the first investment by a new state program, Expanding Venture Capital Access. The program — the first venture capital (VC) program administered by the state — was designed to create a more inclusive VC ecosystem...
- California Continues to Lead in Semiconductor Manufacturing, Awards $46 Million in Tax Credits Expected to Generate More than $1.3 Billion in Investments June 15, 2023 - SACRAMENTO – California is investing $46 million in innovative companies to bolster the economy and create nearly 500 new jobs across the state. These new CalCompetes Tax Credit awards will continue to support the cutting-edge technologies and businesses that are the hallmark of California, ...
- State of California’s Infrastructure and Economic Development Bank Reaches $1 Billion in Infrastructure Loans Supporting California Communities through Clean Water, Organic Recycling, Safer Roads, Fire Protection, and More June 12, 2023 - IBank announced that it had closed more than $1 billion in loans to cities, counties, and special districts to finance critical infrastructure for California communities around the state...
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