-
As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
-
Subscribe to the SSTI Weekly Digest
Each week, the SSTI Weekly Digest delivers the latest breaking news and expert analysis of critical issues affecting the tech-based economic development community. Subscribe today!
CA Gov Signs Bill Incentivizing Clean Tech Entrepreneurs
Gov. Arnold Schwarzenegger last week signed a bill creating a sales tax exemption for equipment used by clean-tech manufacturers — a measure the governor hopes will attract entrepreneurs investing in the clean energy sector. SB 71 is part of the governor's $500 million jobs initiative announced during his State of the State address that aims to train up to 140,000 workers create 100,000 jobs. The enacted legislation will allow the state to maintain a competitive edge by expanding the range of projects that may be approved for a sales tax exemption to include all clean-tech manufacturers, according to a press release. The enrolled version of the bill is available at: http://www.leginfo.ca.gov/pub/09-10/bill/sen/sb_0051-0100/sb_71_bill_20100322_enrolled.pdf
Californiaentrepreneurship