Governor’s Budget Protects Economic Development Tools

Governor Brown’s budget protects and expands economic development tools:

  • Cal Competes reauthorized for five years at $180 million a year
  • Additional $20 million annually for direct assistance to small businesses
  • $50 million for businesses that hire individuals with employment barriers in the workforce

To read the full budget, click here.

California Association for Local Economic Development
550 Bercut Drive, Suite G
Sacramento, CA 95811
(916) 448-8252
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