Resources, Incentive & Financing Programs
If your business is growing, expanding or locating in the City of Gonzales, you might want to look at the resources the city makes available to help your company achieve the highest degree of economic success. The city offers several resources, incentive and financing programs to assist qualifying businesses.
City’s Economic Development Incentive Programs
In an effort to stimulate the local economy, create and retain local jobs and assist the business community, the City of Gonzales offers several Economic Development Incentive Programs including:
Development Impact Fee Deferral Program
Financing of Development Impact Fees (SCIP Program)
Economic Development Incentives/Inducements
Small Business Loan/Business Development
Customized and Coordinated Project Processing
Gonzales Grows Green (G3) Economic Sustainability Program Consulting Services
to learn more about each of the programs bulleted above.
Governor’s 2013 Economic Development Initiative
The program, effective January 1, 2014, is administered by the California State Franchise Tax Board. It provides eligible employers with a tax credit of up to $56,000 (over five years) for each qualified new employee they hire. The state also offers additional programs that can potentially reduce sales tax for new equipment purchases. Learn more
Small Business Advising Integrated Lending Fund (SAIL Fund)
Offered through the city’s partner, Pacific Community Ventures, the SAIL Fund provides affordable small business loans from $50,000 to $200,000 to high-growth California businesses that are creating quality jobs in underserved communities. Learn more
Start-up resources are available to Gonzales’ entrepreneurs and creative thinkers and are available by participating in the Steinbeck Innovation Cluster – an initiative that will help train, mentor and guide the newest wave of entrepreneurs in the region.
Procurement Technical Assistance Center (PTAC)
Offered through the city’s partner, Monterey County Business Council, the Procurement Technical Assistance Center helps businesses with all areas of selling to federal, state and local governments and allows for more businesses to participate in the government marketplace.
Business Size Up Program
SizeUp is an Internet-based business application that will help you manage and grow your business by benchmarking it against competitors, mapping your customers, competitors and suppliers and locating the best places to advertise.
PG&E Enhanced Economic Development Rate (E-EDR)
For qualifying businesses expanding or locating in Gonzales or Monterey County, Pacific Gas & Electric offers a reduction of industrial electrical rates of up to 30% for up to five years.
Learn more ...
Salinas Valley Enterprise Zone Program
The Salinas Valley Enterprise Zone
offers numerous tax incentives for businesses located within the zone's boundaries who hired new employees or purchased equipment before December 31, 2013. Visit the Enterprise Zone website for additional information.
Please note the Enterprise Zone was officially abolished by the State of California as of December 31, 2013. However, companies may apply for program tax credits for employees hired and equipment purchased prior to that date. The deadline to apply for the retroactive credits is October 1, 2014.