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Kish Rajan Addresses Propeller Club of Northern California

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The Governor's Office of Business and Economic Development (GO-Biz) leads job creation and economic development efforts in California. GO-Biz oversees various state programs and offices related to business, international trade, innovation, and film. In 2013, GO-Biz revamped the state's economic development approach, provided $780 million in tax credits, opened an international trade office, and expanded companies across California. GO-Biz priorities for 2014 include improving business climate, regulatory modernization, new economic tools, and integrating economic development with workforce development.

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Kish Rajan Addresses Propeller Club of Northern California
Kish Rajan Director California Governors Office of Business and Economic Development (GO-Biz)
What is GO-Biz - States Lead for Job Creation and Economic Development Efforts - Governor Browns Jobs Team - CAs Statewide Retention, Expansion and Relocation Team - International Trade and Investment Lead - Innovation and Entrepreneurship Lead
GO-Biz Organization Also Includes: - California Competes Tax Program - California Film Commission - Visit California - Infrastructure and Economic Development Bank (iBank) - CA-China Office of Trade and Investment - Shanghai
GO-Biz 2013 HIGHLIGHTS - Revamped State Approach to Economic Development - $780M for CA Competes Tax Credits - Opened Trade Office in Shanghai - Created Four New Innovation Hubs - Expanded New Companies Across the State
Kish Rajan Addresses Propeller Club of Northern California
California Economy U.S. Leader in Job Creation: - CA added more private sector jobs in 2013 than any other state incl. TX. (319K) - #3 State for Job Growth - 8.0 % unemployment 5 year low - Recovered 97.7 % of jobs lost - 8th Largest Economy in the World
PRIORITIES FOR 2014 - Improving the Business Climate - Accelerating Regulatory Modernization - Applying New Economic Tools (GEDI) - Expanding International Presence - Integration of Economic Development and Workforce Development - Addressing Californias Uneven Recovery
NEW ECONOMIC TOOLS - Governors Economic Development Initiative: - Sales and Use Tax Exemption - Hiring Credit - CA Competes Program GO-Biz Competitive Tax Credit Program for Businesses that want to expand or relocate to California.
IMPORTANT UPCOMING DATES - April 14th: APPLICATION CLOSED - June 19th: First CA Competes Selection Committee Hearing - July 1st: GO-Biz to Allocate $30M in Tax Credits - FY 2014-15: Additional $150 Million available for Cal Competes #CALCOMPETES
WORKFORCE DEVELOPMENT - Integration of Economic Development and Workforce Development - Slingshot Initiative = Accelerate Californias economic engine through collaborative efforts by education, economic development, and workforce - Creating regionally-driven solutions to regionally-identified problems
Kish Rajan Director California Governors Office of Business and Economic Development (GO-Biz) (916) 322-0694
Kish Rajan Addresses Propeller Club of Northern California

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Kish Rajan Addresses Propeller Club of Northern California

  • 2. Kish Rajan Director California Governors Office of Business and Economic Development (GO-Biz)
  • 3. What is GO-Biz - States Lead for Job Creation and Economic Development Efforts - Governor Browns Jobs Team - CAs Statewide Retention, Expansion and Relocation Team - International Trade and Investment Lead - Innovation and Entrepreneurship Lead
  • 4. GO-Biz Organization Also Includes: - California Competes Tax Program - California Film Commission - Visit California - Infrastructure and Economic Development Bank (iBank) - CA-China Office of Trade and Investment - Shanghai
  • 5. GO-Biz 2013 HIGHLIGHTS - Revamped State Approach to Economic Development - $780M for CA Competes Tax Credits - Opened Trade Office in Shanghai - Created Four New Innovation Hubs - Expanded New Companies Across the State
  • 7. California Economy U.S. Leader in Job Creation: - CA added more private sector jobs in 2013 than any other state incl. TX. (319K) - #3 State for Job Growth - 8.0 % unemployment 5 year low - Recovered 97.7 % of jobs lost - 8th Largest Economy in the World
  • 8. PRIORITIES FOR 2014 - Improving the Business Climate - Accelerating Regulatory Modernization - Applying New Economic Tools (GEDI) - Expanding International Presence - Integration of Economic Development and Workforce Development - Addressing Californias Uneven Recovery
  • 9. NEW ECONOMIC TOOLS - Governors Economic Development Initiative: - Sales and Use Tax Exemption - Hiring Credit - CA Competes Program GO-Biz Competitive Tax Credit Program for Businesses that want to expand or relocate to California.
  • 10. IMPORTANT UPCOMING DATES - April 14th: APPLICATION CLOSED - June 19th: First CA Competes Selection Committee Hearing - July 1st: GO-Biz to Allocate $30M in Tax Credits - FY 2014-15: Additional $150 Million available for Cal Competes #CALCOMPETES
  • 11. WORKFORCE DEVELOPMENT - Integration of Economic Development and Workforce Development - Slingshot Initiative = Accelerate Californias economic engine through collaborative efforts by education, economic development, and workforce - Creating regionally-driven solutions to regionally-identified problems
  • 12. Kish Rajan Director California Governors Office of Business and Economic Development (GO-Biz) (916) 322-0694