Calif. Gov. Newsom's Investment Boom: New Round of State Funding to Generate $15.5 Billion in New Investments, 2,100 New Jobs
April 27, 2024
April 27, 2024
SACRAMENTO, California, April 27 -- Gov. Gavin Newsom, D-California, issued the following news release on April 26, 2024:
As part of the California Jobs First initiative, Governor Gavin Newsom today announced that the state has awarded $120 million in tax credits to eight innovative companies. It will generate more than 2,100 full-time jobs with an average annual salary of over $100,000 and bring in an estimated $15.5 billion in private investment over the next five years.
As part of the California Jobs First initiative, Governor Gavin Newsom today announced that the state has awarded $120 million in tax credits to eight innovative companies. It will generate more than 2,100 full-time jobs with an average annual salary of over $100,000 and bring in an estimated $15.5 billion in private investment over the next five years.