Funding & Incentives
You can take advantage of a wide range of state and local incentives to help lower your business costs and support growth. These offerings include tax exemptions on equipment purchases, hiring credits, performance-based tax credits, and reimbursement for workforce training. By utilizing these incentives, you’ll attract investment, encourage job creation, and help strengthen Stanislaus County’s economy.
Opportunity Stanislaus: Incentives — Opportunity Stanislaus
- State Sales and Use Tax Exclusion on manufacturing or R&D equipment (4.1875% state portion)
- Full Sales Tax Exclusion for advanced manufacturing, transportation, and alternative energy equipment
- New Employment Credit (NEC): up to 35% credit on qualified wages for hires in targeted areas
- California Competes Tax Credit: income tax credits for businesses expanding or relocating in California
Access to Capital
Every business has different financial needs, and there’s no one-size-fits-all solution. Whether you're launching a new venture, expanding your operations, purchasing equipment, or strengthening your cash flow, there are specialized loan programs and funding resources designed to support your goals. From traditional financing to alternative capital options, you can find programs tailored to your business type, size, and stage of growth.
If you're looking for the right fit, we’ve gathered the local programs and opportunities available in our area. For more information and to explore the funding pathways that can help move your business forward click the button below.
Tax Credits
California offers many resources to help your business develop a highly skilled workforce, including reimbursements for employer-designed training programs.
Work Opportunity Tax Credit (WOTC)
The WOTC has two goals, to help hire people who are part of target groups and to give employers a federal tax credit for hiring these individuals.
You can apply online if you have 25 or more employees if you have 24 or fewer you can apply online or send the application by mail
Note: Federal authorization for the Work Opportunity Tax Credit (WOTC) expired on December 31, 2025. Employers should continue submitting WOTC applications within required timeframes. Applications with start dates of January 1, 2026, and after will be accepted and retained pending federal reauthorization.
Disabled Access Credit
Small businesses can get up to $5,000 to help make their buildings and services accessible to people with disabilities.
Architectural and Transportation Tax Deduction
The Architectural Barrier Removal Tax Deduction lets businesses deduct up to $15,000 per year for qualified expenses to remove architectural and transportation barriers for people with disabilities and the elderly.
This deduction must be listed as a separate expense on your income tax return. You can combine this deduction with the Disabled Access Credit in the same tax year if the expenses qualify for both. To do this, subtract the credit amount from your total expenses to determine the deduction.
Fidelity Bonding
The Employment Development Department (EDD) Fidelity Bonding Program provides bonding services to help alleviate employer’s concerns in hiring ex-offenders and at-risk job applicants. This is accomplished through providing a level of insurance for employers against possible theft and dishonest fraudulent acts. Here is a FACT sheet: FACT SHEET : EDD Fidelity Bonding Program
Tax Credits may help reduce the amount of taxes your business owes. Here are some sites that can provide more information:
State of California Franchise Tax Board: Business Credits | FTB.ca.gov
Incentives: Incentives — Opportunity Stanislaus
Turlock Partnership Incentive Program
The Turlock Partnership Incentive Program provides a one-time $3,500 grant to qualifying new small businesses that open in existing vacant buildings within Turlock city limits.
The program is designed to:
- Revitalize vacant storefronts
- Encourage new business and local entrepreneurship
- Promote job creation
- Strengthen Turlock's business community
For more information: Turlock Partnership Incentive Program