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State Treasurer Announces New Economic Development Web Portal

December 16, 2016
The State Treasurer’s Office recently launched an online gateway for businesses to access information on state and local business development incentives.
 
The California Business Incentives Gateway (CBIG) is the first online portal aimed at pairing businesses with economic incentives that state and local governments provide.

Local governments can register and upload their business incentive and economic development offerings to the CBIG website. There is no cost for cities to create a profile and link their available resources and the tool is designed to help cities reach more business owners and improve the business climate and investments in their community.
 
While local governments provide numerous business services and incentives, there may be untapped outreach potential to attract interested business owners to utilize them through a single, easy-to-use website. Often, business owners must take on the complex task of visiting dozens of state and local agency websites to find available economic development opportunities. In this process, opportunities are missed and cities are overlooked.
 
The goal is that in the future, the CBIG will serve as the universal application to offer all incentives from the state of California and its 4,000 local governments.
 
The roll out of CBIG marks another step toward improving government accessibility and harnessing the power of technology to catalyze economic activity.
 
For questions and inquiries, please email cbig@treasurer.ca.gov.


 
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