R&D Tax Credits Being Restored To California
14 Apr 2022
News, Tax Credit
The research and development (R&D) tax credit is vital to keeping the U.S. at the forefront of innovation. It rewards companies that develop new products, processes or inventions by offering a significant percentage in tax savings back to the company for qualified research activities and qualified research expenses. That’s why it’s so important that on February 9, Governor Gavin Newsom signed into law a 2022-2023 budget bill that restores R&D tax credits to California.
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Irvine, California Headquartered Menlo Microsystems, Inc. (Menlo Micro), the company responsible for reinventing the electronic switch with its Ideal Switch™ technology, announced today its $150 million Series C, bringing Menlo Micro’s total cumulative funding to over $225 million. Menlo Micro will use the funding to expand the company’s domestic manufacturing...
Website to Compete Nationally and Globally in Business Attraction
IRVINE, CA -- Orange County Business Council (OCBC) recently launched a newly designed website, created by Golden Shovel Agency, to further strengthen its online presence and economic growth for the region. The website has a much more modern look, creatively...
Battery Developer, Enevate, Expands HQ
Mar 6 2022Credit: Orange County Register
Enevate, a startup in the lucrative battery development industry, has signed a lease in Irvine for a new headquarters six times the size of its current home, also in the city. The company moves from 20,000 square feet at UCI Research Park to 125,000 square feet at...