Colton businesses have access to powerful state and federal incentives designed to boost growth and maximize ROI. Our Economic Development team is here to help you find the right programs and guide you through every step—from identifying opportunities to submitting applications.
For qualified projects, incentives may include:
Designed to drive growth and job creation, the California Competes Tax Credit reduces your state income tax liability—and if the credit exceeds your owed taxes, you can carry the balance forward to future years. It’s a flexible, performance-based incentive that rewards your investment in California.
Manufacturers may qualify for a partial exemption on sales and use tax for machinery and equipment used in the production process. It’s a smart way to reduce capital costs and invest more in productivity.
If your business operates in designated areas of Colton, the New Employment Credit can help reduce payroll expenses when you hire new employees. It’s a smart incentive that rewards job creation.
Earn up to $9,600 in federal tax credits for each eligible new hire through the Work Opportunity Tax Credit. This program targets key populations—including veterans—and supports your business while expanding opportunity for others.
Colton is home to multiple Federal Opportunity Zones—designed to attract long-term private investment through deferred capital gains taxes. Our team can help you explore locations and walk you through how to leverage these zones for growth.
Colton businesses can access workforce development tools including:
- Free, customized training through UC Riverside Extension and SB Valley College
- HR and hiring support from the SB Valley Workforce Center
- 50% reimbursement for on-the-job training via San Bernardino County programs
California Competes Tax Credits
Designed to drive growth and job creation, the California Competes Tax Credit reduces your state income tax liability—and if the credit exceeds your owed taxes, you can carry the balance forward to future years. It’s a flexible, performance-based incentive that rewards your investment in California.
Sales and Use Tax Exemption for Manufacturing
Manufacturers may qualify for a partial exemption on sales and use tax for machinery and equipment used in the production process. It’s a smart way to reduce capital costs and invest more in productivity.
New Employment Tax Credit (NEC)
If your business operates in designated areas of Colton, the New Employment Credit can help reduce payroll expenses when you hire new employees. It’s a smart incentive that rewards job creation.
Workforce Opportunity Tax Credit
Earn up to $9,600 in federal tax credits for each eligible new hire through the Work Opportunity Tax Credit. This program targets key populations—including veterans—and supports your business while expanding opportunity for others.
Federal Opportunity Zones
Colton is home to multiple Federal Opportunity Zones—designed to attract long-term private investment through deferred capital gains taxes. Our team can help you explore locations and walk you through how to leverage these zones for growth.
Workforce Development Assistance for qualified projects:
Colton businesses can access workforce development tools including:
- Free, customized training through UC Riverside Extension and SB Valley College
- HR and hiring support from the SB Valley Workforce Center
- 50% reimbursement for on-the-job training via San Bernardino County programs
