Happy Spring, Morgan Hill Business Community! In this first eNewsletter of 2025, you will learn about:
-The State of Silicon Valley
-Newsworthy Updates
-Citywide Visitor Trends
-Upcoming Community Events
Whether you are doing some spring cleaning or undergoing a full business remodel, we look forward to continuing to work with and support you in the upcoming quarter.
Read the 1Q2025 Economic Development eNewsletter HERE
The SBDC and Dr. Pablo Romero, Latinx Small Business Owner and Faculty Fellow in Entrepreneurship and Innovation at California State University-Stanislaus, will lead a 4-week, 90-hour small business bootcamp during the month of April. Participants will receive foundational knowledge and comprehensive instruction on concept feasibility, licensing, business plan creation, budgeting, and more.
To learn more about this FREE program or register to participate, go HERE.
Designed to help with the adoption of clean and efficient electric technologies, this SVCE small to medium business program offers rebates of up to $20,000 ($25,000 for non-profits) for upgrading to electric heat pump water heaters and heat pump heating and cooling units.If your building is less than 50,000 sq. ft., and uses less than 250,000 kWh and 25,000 therms in a year, you qualify!
Electric heat pump water heaters and HVAC units not only reduce carbon emissions but also significantly improve indoor air quality. By embracing these energy-efficient technologies, businesses can experience a multitude of advantages and take steps to transitioning to a fully emission-free building.
Learn more about the rebate program and eligibility requirements HERE.
What to learn more about the CHIPS Act and whether your company is eligible for funding? The Governor's Office of Business and Economic Development (GO-Biz) will be hosting a two-part webinar series to provide background on the CHIPS Act and updates on how the state is supporting California CHIPS applicants.
Webinar 1: CHIPS Act Overview and Expectations - REGISTER HERE
Date: April 5th, 2023 from 12:00 – 1:00 PM PST
In this first webinar, GO-Biz will provide an overview of current and upcoming CHIPS Act funding opportunities, as well as detail the timelines and federal guidelines for the manufacturing incentives and R&D programs.
Webinar 2: State and Local Government Incentives & Support-
The second webinar will be hosted by SEMI to discuss California state services and programs that can be leveraged in alignment with current and upcoming CHIPS funding opportunities. Competitive CHIPS proposals will apply one or more state or local government incentive(s) to finance their project costs. This webinar will provide an opportunity for California semiconductor businesses to learn about existing state incentives and workforce development programs they may utilize to strengthen their CHIPS applications. REGISTER HERE.
In this eNewsletter, you will find information about key efforts that impact our business community, including:
-Third-quarter sales tax data remains positive
-(40) Significant projects currently in the pipeline
-Storm-impacted businesses could qualify for tax and loan relief
-Morgan Hill becomes home to the Bay Area Panthers
-What is the Chips and Science Act of 2022
-Nationwide holiday retail sales miss the mark
Read the January 2023 eNewsletterHEREand reach out to the team if you have any questions or want to connect with us. Thank you for continuing to “Choose Morgan Hill.”
Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov
Beginning July 1, 2020, the Paid Family Leave (PFL) Program was expanded from six to eight weeks, and the 12 week non-paid protected leave was expanded to all businesses, regardless of business size. The California Employment Training Panel (ETP) and the California Labor and Workforce Development Agency (LWDA), recently announced the availability of up to $1,000,000 in California State General Fund dollars, for California Small Businesses impacted by the Paid Family Leave (PFL) Program. The PFL SB Grant will provide to CA small businesses with 51-100 employees a payment of $1,000 and a payment of $2,000 to CA small businesses with less than or equal to 1-50 employees.
The grant funds are meant to help offset the costs incurred when training employees to cover the duties of the individual utilizing Paid Family Leave. Increased costs can include: training and upskilling existing staff to cover the duties of the employee on PFL, hiring and training additional staff to cover the duties of the employee on PFL, and the marketing, recruitment, and training costs to cover these activities.
Learn more about the Paid Family Leave Small Business Grant and submit your application HERE!
Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov