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The Governor's Economic Development Initiative (GEDI) was established under the Governor's Office of Business and Economic Development (GO-Biz).  


GEDI offers three incentive programs to help business locate or expand in California:

  • California Competes:  Provides income tax credits  to businesses that want to locate or expand in California.  Tax credits are negotiated by GO-BIZ and approved by newly created California Competes Tax Credit Committee.
  • Manufacturing Equipment Sales & Use Tax Exemption:  Sales tax exemption which eliminates California portion of sales tax (4.19%) at time of purchase program.  Administered by the California Board of Equalization.
  • New Employment Credit:  Tax Credit on a new employees wages above $13.50 an hour and up to $28 an hour.  Administered by California Franchise Tax Board. 



External Links

California Business Portal

California Board of Equalization

California Franchise Tax Board


San Joaquin WorkNet


This City of Stockton web page last reviewed on --- 7/15/2015