City Resources

• Developers are invited to apply here for the Daley Ranch Conservation Bank Credit Program as a tool for your development project. More detailed information about the program here.
• City Fee Credits & Incentives
• City Fee Deferrals
• City Fee Waivers for Targeted Commercial Areas
• Recycling Market Development Zone (RMDZ)

Small Business Financing/ Other Resources

• Accessity (formerly ACCION San Diego)
• CDC Small Business Finance Corp.
• Health Insurance for Small Manufacturers 
• SDG&E Economic Development Rate - Eligible businesses can receive a 12% discount off of the electric portion of their commercial utility bill for 5 years.

• California Competes Tax Credit - Income tax credit available to businesses that want to locate, stay, or grow in California and create quality, full-time jobs. For fiscal year 2023-2024, GO-Biz will accept applications for the California Competes Tax Credit during the following periods:
  • July 24, 2023 – August 14, 2023
  • January 2, 2024 – January 22, 2024
  • March 4, 2024 – March 18, 2024
• California Opportunity Zones
• Escondido's Opportunity Zone - Opportunity Zones are a tax advantage tool that provides an income tax incentive for investors to reinvest capital gains into the local community. 
• Property Assessed Clean Energy (PACE) Financing Programs - Escondido is participating in six PACE financing programs that allow commercial and residential property owners to finance 100% of their renewable energy projects through long term, low cost financing that is re-paid through existing property tax bill.  
• Self-Generation Incentive Program (SGIP) - SGIP is a California Public Utilities Commission program that offers rebates for installing energy storage technology at your facility. Storage technologies include battery storage systems that can function in the event of a power outage. 
• State of California Business Incentives
• California Manufacturing Technology Consulting (CMTC) - Serves as a trusted advisor providing solutions that increase the productivity and competitiveness of California's manufacturers.

• Federal Certifications- U.S. Small Business Administration (SBA)
  Minority-owned business
  Veteran-owned business
  Disabled veteran-owned business
  Women-owned business
  Disadvantaged business (8a)
  LGBTQ-owned business

For assistance and questions with the certifications, contact Sudershan Shaunak with the Small Business Development Center (SBDC) at sshaunak@miracosta.edu
 

• Investment Tax Credit (ITC) and Modified Accelerated Cost Recovery System (MACRS) - Depreciation deduction may apply to energy storage systems such as batteries depending on who owns the battery, and how it is used.
• SBA Funding Programs - Loans, Grants, Disaster Assistance, and more are available to assist small businesses start, and expand.
• U.S. Small Business Administration (SBA) - HUB Zones