The Economic Development Corporation writes that it offers tools, resources, and information on incentive programs for businesses looking to locate in San Benito County.
As part of his pursuit to attract new businesses, help existing businesses grow, help entrepreneurs start up and create jobs in Hollister and San Benito County, the San Benito County Economic Development Corporation (EDC) is pleased to ” announce that it has revamped its website to attract further business growth by highlighting Hollister, San Juan Bautista and San Benito County as a valuable medium for those seeking a centrally located small town atmosphere with great many lots ideally located next to Silicon Valley and Salinas Valley.
In addition to the city and county’s ability to provide ample land for business development and growth, a study by BAE Urban Economics found that an available workforce of 94,355 people live under 30 minutes from Hollister and 398,921 people within 45 minutes. This means that industries moving to San Benito County can offer their employees a reverse commute with lower housing costs than other parts of the Bay Area.
EDC has drawn on its years of experience with local agencies and government partners and has compiled a comprehensive list of tools and resources that can be found on its expanded website.
There is also information on federal and state tax incentive programs for new developments in San Benito County, including areas of opportunity that allow investors to defer and reduce an existing tax liability on earnings in. capital, and the New Markets Tax Credit, which provides a federal tax credit to business developers who cover 39% of their claimed initial investment over a seven-year period.
In addition to these resources, EDC’s website offers:
- Relevant information on current business incentives and loan programs
- A commercial real estate search tool
- Links to local city and county planning agencies
- A list of planning and development consultants; and
- How EDC can help: By providing one-on-one (free) advice to put entrepreneurs and business developers in touch with the right people to ensure communication is fast and accurate and they get the answers they need need.
About the San Benito County Economic Development Corporation:
The San Benito County Economic Development Corporation promotes economic growth and development in San Benito County, California through the attraction, retention, expansion and creation of businesses, while maintaining and expanding preserving our agricultural land and our rural environment. For more information, visit www.edcsanbenito.org.