Relocation Assistance Support Incentives
Discover the Riverside County advantage.
Riverside County is here to help with relocating.
Discover the full range of Incentives and Programs available within Riverside County.
On-the-Job Training Programs (OJT):
On-the-Job Training allows a business to hire and train a new employee in the basic skills necessary to perform the job while working in the job. A business can receive up to 50% of the employee’s wages to help offset the cost of training and the loss of productivity.
SOUTHERN CALIFORNIA EDISON (SCE) ECONOMIC DEVELOPMENT RATE (EDR-R):
The Economic Development Rate Program (EDR-R) has discounts available to Southern California Edison (SCE) Bundled Service, Direct Access and Community Choice Aggregation general service business customers. As an eligible business customer, you may benefit from one of the following five-year discount options that are applied to your electric bill.
SOUTHERN CALIFORNIA EDISON (SCE) ECONOMIC DEVELOPMENT SERVICES (EDS)
Whether your business is encountering challenging detours, on the verge of expanding, or looking to relocate to Southern California, Economic Development Services (EDS) can help steer you in the right direction. The EDS team offers one-on-one, specialized consulting for retention, attraction and expansion services at no cost to you.
Once they assess your unique business issues, they will develop a package of incentives, tools, programs and cost-effective services that can reduce your cost of doing business in California—putting you in the driver’s seat. Plus, they’ll connect you with city, county, state and local partners who can provide the additional services you may need.
SCE CHARGE READY PROGRAM
The Charge Ready Program assists business and property owners with deploying the infrastructure and equipment necessary to support electric vehicle (EV) charging stations at their business locations, public sector or multi-family buildings.
The Southern California Gas Company offers efficiency programs for businesses including: Small business equipment rebates, food-service equipment rebates, rebates for suppliers and installers.
SALES & USE TAX EXCLUSION PROGRAM (STE) FOR ADVANCED TRANSPORTATION AND ALTERNATIVE SOURCES MANUFACTURING PROGRAM
The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) provides a sales and use tax exclusion for advanced manufacturers “and manufacturers of alternative sources and advanced transportation products. An approved application by the CAEATFA is required before a business is able to make tax-exempt purchases on clean-tech manufacturing equipment, components or systems.
CAEATFA FULL SALES & TAX EXCLUSION
The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) provides a full-sales and use tax exclusion (around 8-10% on average) for advanced manufacturers, recyclers, and manufacturers of alternative source and advanced transportation products, components, or systems. The benefit your organization receives is Full Sales & Use Tax Exclusions on eligible manufacturing equipment. The maximum award for individual projects are limited to $10 million of sales tax exclusion (STE) in a given calendar year. The process is a competitive application process, final determination by board approval.
CDTFA PARTIAL SALES & USE TAX EXEMPTION
The purpose of the Partial Sales and Use Tax Exemption is to incentivize manufacturing projects by exempting purchases made by qualified manufacturers, which include research and development activities. The exemption from the states portion of sales tax on equipment, is self-certified via the California Board of Equalization Qualified activities are determined by the North American Industry Classification System (NAICS) code.
Employment Training Panel
Funded through the Employment Training Panel (ETP) for manufacturers and distribution centers, the ETP pays 100% of customized training for eligible companies, determined by using the California Employment Account number.
CALIFORNIA COMPETES TAX CREDIT
The California Competes Tax Credit is an income tax credit available to businesses that want to locate in California or stay and grow in California and create quality, full-time jobs in California that 2 Updated June 30, 2021 might not otherwise be created by the business or any other business.
CALIFORNIA RESEARCH & DEVELOPMENT CREDIT
The California Research Credit incentivizes research and development activities in California by providing state income tax credit for research related to expenses, wages, supplies and contract research cost. There is 15% credit for in-house research expenses, and 24% credit for basic research payments outside of organizations. File for these credits with the Franchise Tax Board on corporate income tax return.