Business Incentives

Hueneme Beach Festival, Port Hueneme

Highlighted Incentives

There are a variety of incentives to support local businesses, from tax credits to green initiatives. Here are some of our recommendations:

  • California Competes Tax Credit (CCTC) – Available for businesses of all sizes, based on regional importance and job creation. Learn more.
  • Research & Development Tax Credit – Up to 24% credit on research payments. Find out more.
  • California Small Business Loan Match brings together dozens of lenders across the state of California, most of which are certified as Community Development Financial Institutions (CDFIs). CDFIs are frequently preferred by the small business community because:
    • CDFIs are community-based organizations that offer loans with similar interest rates and terms to the ones offered by commercial banks, but who specialize in helping borrowers who don’t meet the rigid lending criteria of traditional banks — for example, small businesses that have a lower credit score, a prior defaulted loan, or no up-front collateral.
    • CDFIs offer a much more flexible and affordable repayment plan.

Learn more here.

  • Ventura County Green Business (VCGB) – Assists businesses in becoming Green Certified. Become a Green Business.
  • Recycling Market Development Zone (RMDZ) – Offers low-interest loans and more for businesses using recyclables. See if you qualify.
  • Zero-emission vehicle (ZEV) incentives – IRebates for businesses using clean vehicles. Eligible businesses.

Channel Islands Harbor, Oxnard

Endless Reasons to Choose Ventura County

In Ventura County, it pays to be an entrepreneur—literally. No matter your business’s size or sector, you’ll likely be eligible for at least one of the available incentives. And when you leverage all the funding, tips, and tools that Ventura County has to offer, you’ll be that much closer to running the successful business of your dreams.

Where to Start

California Business Grants

California consistently creates more business and economic opportunity that any other region in the world. If your business is considering expanding or relocating to California, the Governor’s Office of Business and Economic Development office provides no-cost, confidential services for incentive and grant navigation. Their team of business consultants will guide you through the available tax credits, grants, and financing assistance options that are available to your business.

California Business Incentives

The State of California offers a variety of incentive and financing programs to encourage business development in California through the California Business Portal. Visit their website to find incentives offered by industry, business operation and type.

California Green Business Network (CAGBN)

Ventura County Green Business (VCGB) is a part of the California Green Business Network (CAGBN), whose mission is to assist businesses to operate sustainably as well as profitably. VCGB works with local government agencies to provide assistance to small-to medium-sized businesses who chose to go through the process of becoming Green Certified.