News & Press Releases

• ​IBank Announces Additional Funding to Support Its Expanding Venture Capital Access Program December 4, 2023 - SACRAMENTO (December 4, 2023) — Today, the state of California’s Infrastructure and Economic Development Bank (IBank) announced a new state supplement fund designed to increase effectiveness of its Expanding Venture Capital Access program.....
• California Invests $149 Million in Cutting-Edge Companies, Creating Nearly 6,000 Jobs November 17, 2023 - SACRAMENTO – Governor Gavin Newsom today announced that California has awarded more than $149 million in grants and tax credits to 12 innovative companies, creating nearly 6,000 full-time jobs and bringing in an estimated $1.3 billion in private investment over the next five years...
• California Awarded Up to $1.2 Billion to Advance Hydrogen Roadmap and Meet Climate and Clean Energy Goals October 13, 2023 - California – Today, in a historic announcement, California has been awarded up to $1.2 billion from the United States Department of Energy (DOE) to build and expand projects focused on clean energy and creating green jobs with the ultimate goal of achieving a net-zero carbon economy by 2045....
• California’s Minority-Owned Small Businesses Contribute $192.8 Billion in Economic Output and Support Over 2.5 Million Jobs Annually, New Report Shows October 10, 2023 - WHAT YOU NEED TO KNOW: The first “State of Diverse Small Businesses in California” report details the statewide impact of minority-owned small business, noting that, annually, they contribute $192.8 billion in economic output....
• GO-Biz Announces First-Ever Grants to Help Immigrants Succeed in Their Communities September 8, 2023 - Sacramento, CA – The Governor's Office of Business and Economic Development (GO-Biz) distributed the state’s first-ever Local Immigrant Integration and Inclusion Grant (LIIIG) allocations, with over $6 million to twelve local governments across California (see table below for details). This program....

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