California Governor's Office of Business and Economic Development
Overview
The Governor's Office of Business and Economic Development (GO-Biz) serves as California's primary agency for economic development, job creation, and business assistance. It provides a range of no-cost consultation services to businesses, including assistance with site selection, permit streamlining, regulatory guidance, and navigating state and federal incentives. GO-Biz administers various grant and tax credit programs, such as the California Competes program, to encourage companies to expand or relocate within California, fostering job growth and significant investment in the state's economy. The office also focuses on supporting small businesses, promoting international trade and investment, and fostering innovation through programs like the Innovation Hub (iHub) network.
Portfolio Companies
2
Website
business.ca.govInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Bright Machines | Nov 2025 | Grant | Co-investor |
| AIBOT | Nov 2023 | Grant | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.