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The Golden State is going all in on clean energy. Massive investments in alternative energy projects combined with forthcoming regulations has put California on a clear track to lead the nation in clean energy in the coming years.
This comes at a time when semiconductor manufacturing is returning to the U.S. from China and setting its eyes on California as a top destination. Signed into law in August 2022, the federal CHIPS and Science Act offers $280 billion to boost research and manufacturing of semiconductors in the U.S. And while California still ranks dead last in Chief Executive’s Best and Worst States for Business, there’s no shortage of companies setting up shop to access port access and talent. The Governor’s Office of Business and Economic Development offers many California Competes grant awards to offset taxes and costs.
California Competes Tax Credit: Offers a flexible income tax credit for businesses that come, stay and grow in the state. Applications are accepted three times per year, and tax credit agreements are reviewed and negotiated by GO-Biz and the California Competes Tax Credit Committee.
California Research Credit: Offers a tax credit of up to 15% to taxpayers engaged in qualified research activities to discover new technology, develop a new businesscomponent or pursue a “process of experimentation.”
Sales and Use Tax Exemption for Manufacturing: Offers a partial exemption of sales and use tax on certain manufacturing and R&D equipment purchases and leases.
Advanced Transportation and Manufacturing Sales and Use Tax Exemption: California Alternative Energy and Advanced Transportation Financing Authority offers a full sales and use tax exclusion for manufacturers that promote alternative energy and advanced transportation.
California Governor’s Office of Business and Economic Development
Greater Sacramento Economic Council
Los Angeles Economic Development Corporation
San Diego Regional Economic Development Corporation
San Francisco Office of Economic & Workforce Development
Gov. Gavin Newsom announced in October 2022 the state would invest $1.2 billion in port and freight infrastructure projects to build a more efficient, sustainable and resilient system to move goods. Seventy percent of funding will go to projects to support movement through the ports of Los Angeles and Long Beach, the busiest ports in the western hemisphere.
51 Fortune 500 companies headquartered in state, including
1:00 - 5:00 pm
We are in a period of rapid change. Customer needs, technologies, competitors and internal capabilities require companies to review and update their strategies for the new realities. In this workshop, strategy experts Steve Rutan and Denise Harrison will show you a systematic approach to strategic planning to help you refine or redefine your business strategy and approach including:
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.