Entrepreneurship

The Innovation and Entrepreneurship unit of GO-Biz is the state’s primary point of contact for promoting California’s innovation infrastructure. It functions to develop an environment that encourages entrepreneurship, promotes long-term economic growth and facilitates job creation through innovation. It also serves to convene key stakeholders needed to support GO-Biz activities throughout the state as well as stimulate entrepreneurship and the development of California’s innovation workforce. This unit is primarily responsible for the administration of California’s Innovation Hub (iHub) Program.

iHub Program

California is home to the largest innovation network in the country, with 16 Innovation Hubs (iHubs) stretching from San Diego to Redding and covering some of California’s most vibrant economic sectors. The state-designated iHubs stimulate partnerships, economic development, and job creation around specific research clusters. The iHubs leverage assets such as research parks, technology incubators, universities, and federal laboratories to provide an innovation platform for startup companies, economic development organizations, business groups, and venture capitalists.

The iHub Program:

  • Leverages California’s national and international market-share in human and investment capital as a global destination for leadership in innovation opportunities.
  • Provides a platform for the transfer of ideas discovered in nationally recognized laboratories and universities to private industry for the enhancement of an existing product or the creation of a new start-up enterprise.
  • Provides an advantage to Californian firms through the introduction of new technologies, processes, research and development (R&D) solutions into its existing business practice.
  • Provides conduit assistance for the interaction of existing government owned assets (federal and state), facilities and operations with venture-supported start-up companies for the testing and evaluation of products in development.
  • Facilitates a linkage for the inducement of investment funding to an inventor towards the commercialization of concepts into products so that the eventual production occurs within the California economy.
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Incentives

California encourages innovative products and solutions through multiple incentive programs, including tax incentives and grants for research and development. Click on one of the resources below to learn more. We also encourage you to complete the “incentives” section of the California Business Navigator to learn about other incentive programs that may assist your business.

R&D Tax Incentives

California Department of Tax and Fee Administration Manufacturing and R&D Exemption
Establishments that are primarily engaged (more than 50% of the time) in research and development activities in biotechnology, physical, engineering and life sciences may qualify for the partial exemption of sales and use tax on certain equipment purchases and leases.

Franchise Tax Board California R&D
The California Research Credit is available to taxpayers engaged in qualified research activities in California. Learn More

Research Grants

Energy Innovations Small Grant Program
The Energy Innovations Small Grant (EISG) Program provides up to $150,000 for hardware projects and $75,000 for modeling projects to small businesses, non-profits, individuals and academic institutions to conduct research that establishes the feasibility of new, innovative energy concepts.

COOL California
The COOL California Funding Wizard can help you find grants related to energy efficiency upgrades and rebates, with a particular emphasis on sustainable and environmentally-friendly business practices.

Entrepreneur Support

The state and its regional partners support entrepreneurship through a variety of programs, including local and regional innovation hubs, entrepreneurship training, and business counseling. Click on one of the resources below to learn more. We also encourage you to complete the Incentives Section of the California Business Navigator to learn about other programs that may assist your business.

Innovation Hubs
The Innovation Hub (iHub) program improves the state’s national and global competitiveness by stimulating partnerships, economic development, and job creation around specific research clusters through state-designated iHubs. The iHubs leverage assets such as research parks, technology incubators, universities, and federal laboratories to provide an innovation platform for start-up companies, economic development organizations, business groups, and venture capitalists.

Small Business Development Centers
The Small Business Development Centers are a statewide network of centers that provide comprehensive business assistance through one-on-one, no-cost consulting and low-cost workshops. Through their advisors, business owners can receive individual guidance on access to capital at no cost.

California Community Colleges Small Business and Entrepreneurship Resources
The Economic and Workforce Development Office of the California Community Colleges provides resources to entrepreneurs and small businesses through its Sector Navigator program.

Local Workforce Development Boards
Local Workforce Development Boards provide entrepreneurship training. Learn More:

University of California Entrepreneurship Programs
Campus entrepreneurial programs provide training for students, faculty, researchers and business leaders to drive positive, disruptive change to society by building scalable enterprises. These programs teach entrepreneurial leadership, strategy, venture financing and startup skills.

U.C. Startup Legal Garage
Students in the Start-up Legal Garage provide corporate and intellectual property work to early stage startup companies under the supervision of leading attorneys throughout the Bay Area.

Regional Innovation Corps Programs
Regional Innovation Corps offer educational programs to accelerate the commercialization of science and foster technology entrepreneurship nationally. California has two Innovation Corps Programs – one in the Bay Area and one in Southern California.

About Us

The Governor’s Office of Business and Economic Development (GO-Biz) was created by Governor Edmund G. Brown Jr. to serve as the State of California's leader for job growth and economic development efforts. GO-Biz partnered with the State's Information Technology Leadership Academy 22 to create the California Business Portal.