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Welcome to the February 2025 Edition of Biz Buzz Newsletter!
This month’s newsletter highlights a community workshop, as well as local and state opportunities for financial assistance. In this edition:
- Employment Training Panel (ETP)
- California Competes Tax Credit
- Sales Tax Update (3Q 2024)
- Hope's Corner Corporate Volunteer Opportunity
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Resource Spotlight: TRUST
Employment Training Panel (ETP)
The Employment Training Panel (ETP) is a state program that helps California businesses fund employee training to stay competitive. Funded by a tax on employers, ETP provides financial support for vocational training, with a focus on businesses facing out-of-state or global competition. The program is performance-based, meaning businesses are reimbursed only after employees complete training and retain well-paying jobs. Since 1982, ETP has reimbursed over $1 billion to more than 80,000 businesses. Small businesses and those in high-unemployment areas may qualify for additional incentives. Employers co-fund training for existing workers, and ETP also supports training for unemployed individuals.
California Competes Tax Credit
Apply for Up to $214.7M in Tax Credits – GO-Biz Hosting Webinars
The next California Competes Tax Credit (CCTC) application period opens February 24, 2025, with at least $214.7 million available for businesses looking to expand in California. The deadline to apply is March 10, 2025, at 11:59 p.m. (PT).
To help businesses navigate the application process, GO-Biz is hosting free webinars:
📅 February 26, 2025 – Details and Registration
📅 March 6, 2025 – Details and Registration
For more information, visit www.calcompetes.ca.gov or contact the CCTC team at CalCompetes@gobiz.ca.gov / 916-322-4051.
Sales Tax Update 3Q 2024
Mountain View’s 3Q 2024 (July to September) taxable sales fell 4.7% compared to Q3 2023, reflecting a broader economic slowdown. General consumer goods dropped 6%, while restaurants & hotels saw slight growth in leisure/entertainment. Autos & transportation and fuel sales declined, following statewide trends. Santa Clara County’s taxable sales fell 1.3%, with the Bay Area down 1.9%.
 Sales Tax Update 3Q 2024 Newsletter
Hope's Corner RV Meal Program Inv
Hope’s Corner invites corporate teams to prepare and package meals for 80 neighbors living in RVs in Mountain View, helping to combat local food insecurity. Volunteering every Monday and Thursday from 2:30–5:30 PM, your team will make a direct impact while fostering teamwork and community engagement. Sign up today: Hope’s Corner. For questions, please contact please contact Madeline Locke at mlocke@hopes-corner.org.
Learn more.
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