LBEP is always looking to engage with and bring on businesses and individuals who are looking to build or further develop their business relationships in and around Long Beach. Depending on your needs and interests, we offer multiple tiers of Membership. Please review the benefits and if you’re interested, please apply below and our intake team will be in touch to see if we’re a good match.
Benefits of Membership
Membership Tiers
Foundational partners that help shape the direction of the organization.
Joining the LBEP Board of Governors offers an unparalleled opportunity to elevate your professional profile and significantly expand your network within the industry.
As a Governing Board Member, you will receive exclusive sponsorship recognition at two major LBEP events, ensuring your contribution is celebrated across our expansive community.
Additionally, your inclusion in the Industry Profiles will spotlight your expertise and business to a broad audience, further cementing your status as a key industry player.
This prestigious one-year position is limited in number, highlighting its exclusivity and the significant impact your involvement will have.
Beyond visibility, you’ll be granted a speaking opportunity at an LBEP board meeting or industry council session, allowing you to share your insights and influence industry direction.
Furthermore, you’ll have the unique chance to design a roundtable discussion, convened by LBEP, to delve deep into topics that matter most to you and your peers.
Your business will be prominently recognized on all LBEP marketing content, including our website, Annual Report, event rosters, etc., and on a dedicated “Board of Governors – Partners” page, ensuring your brand is synonymous with leadership and innovation within the LBEP community. This is more than a role; it’s a chance to shape the future of your industry.
Engaged members who help ensure organizational output & delivery.
Becoming a member of the LBEP Executive Committee presents a distinctive opportunity to position yourself and your business at the forefront of your industry.
This esteemed one-year role, offered to a limited number of distinguished professionals, not only highlights the exclusivity and prestige of the position but also underscores the influential impact you can make within the community.
Your involvement guarantees sponsorship inclusion in the Industry Profiles, providing a platform to showcase your business’s contributions and achievements. Furthermore, you will gain a valuable speaking opportunity at an LBEP board meeting or industry council session, allowing you to voice your perspectives and shape the discourse within your field.
As an Executive Committee member, your business will receive recognition across LBEP marketing channels, including our website, Annual Report, and event rosters, ensuring visibility and association with leadership and excellence.
This role offers a conduit to influence industry trends, network with peers, and leave a lasting legacy in your professional sphere.
The critical team offering industry knowledge, expertise, & experience.
Securing a position as a General Member on the LBEP Board represents a unique chance to engage directly with industry leaders and contribute to pivotal discussions shaping the future of your field. This one-year tenure not only signifies your commitment to professional growth and industry advancement but also positions you in a select group of influencers capable of driving meaningful change.
As a General Member, you will be afforded speaking opportunities at LBEP board meetings or industry council sessions, platforms that not only elevate your voice within the industry but also allow you to share your expertise, insights, and visions for the future.
This role is more than a title; it’s an avenue for active participation in decision-making processes, offering you the chance to leave an indelible mark on your professional community and beyond.
Joining the LBEP Board as a General Member is an invitation to influence, inspire, and integrate with the leading minds in your industry.
Incentives
Sales & Use Tax Exemptions (for equipment purchases):
Partial Sales & Use Tax Exemption
This program provides a sales tax exemption of 3.9375% for basic manufacturing equipment. Eligibility is determined by the company’s North American Industry Classification (NAICS) Codes 311100 to 339999, inclusive, 541711, or 541712. Research and development is eligible for the exemption.
- CDTFA Get it in writing program – to get advice on tax questions and equipment eligibility: https://www.cdtfa.ca.gov/formspubs/cdtfa8.pdf
- NAICS Code search website: https://www.census.gov/naics/
- If you pay the full amount of sales tax reimbursement at the time of purchase, and later discover that you have met all of the qualifications, you may issue a partial exemption certificate to your retailer. The retailer may then file a claim for refund for the overpaid portion of sales tax on your behalf. If the transaction was subject to use tax, the purchaser may file a claim directly with the CDTFA. https://www.cdtfa.ca.gov/industry/manufacturing-exemptions.htm#Purchasers
Full Sales & Use Tax Exclusion (CAEATFA)
This program provides a full sale and use tax exclusion for advanced manufacturers and manufacturers of alternative source, recycled feedstock, and advanced transportation products, components or systems. Next application period opening in July of this year.
- See Alternative Source definition for eligibility determinations: https://www.treasurer.ca.gov/caeatfa/ste/faq.asp#alternative
- See Advanced Transportation definition for eligibility determinations: https://www.treasurer.ca.gov/caeatfa/ste/faq.asp#transportation
- See Advanced Manufacturing definition for eligibility determinations: https://www.treasurer.ca.gov/caeatfa/ste/faq.asp#manufacturing
- See Recycled Feedstock definition for eligibility determinations: https://www.treasurer.ca.gov/caeatfa/ste/faq.asp#recycled
- Fee Calculator: https://www.treasurer.ca.gov/caeatfa/ste/fees.asp
Employment (workforce training & hiring tax incentives)
Employment Training Panel (ETP)
This program provides match funding to employers to assist in upgrading the skills of their workers.
- To learn more or start the application process you can sign up for an ETP Interactive Orientation.
- If you are interested in an in person or telephone orientation, please contact the ETP Economic Development Unit or by telephone at (818)755-3634 in Southern California or (916)327-5258 in San Francisco Bay Area/Northern California.
- You can also participate in ETP through a Multiple Employer Contract (MEC), simply contact any MEC serving your industry. You can see the MEC’s here on ETP’s website.
New Employment Credit (NEC)
This credit is an income tax credit for specific new hires (ie former veterans, formerly incarcerated individuals, unemployed members) in economically disadvantaged areas – designated geographical areas. The credit is based on 35% of qualified wages or wages between 150% and 350% of minimum wage.
- Homeless Hiring Tax Credit California’s governor signed Assembly Bill (AB) 150 establishing the Homeless Hiring Tax Credit (HHTC). The credit is available for taxable years beginning January 1, 2022 through December 31, 2026. Employers may receive $2,500 to $10,000 in tax credit per eligible employee based on hours worked in the taxable year. Employers may claim up to $30,000 of credit per taxable year.
Financing Programs:
Industrial Development Bond (IDB)
This program provides tax-exempt financing that is available to manufacturers for the acquisition of manufacturing facilities and equipment.
Incentives – Power / Utilities
Utility Economic Development Rate Programs (EDR):
This program gives special utility discounts for businesses in California that are considering to expand, locate or relocate with out of state considerations in competition with California. Small businesses also qualify.
Self-Generation Incentive Program (SGIP):
This program provides businesses with rebates for installing energy storage technology at non-residential facilities. These storage technologies include battery storage systems that can function during a power outage.
Job Creation & Investment Support Programs:
California Competes Tax Credit
The California Competes Tax Credit is an income tax credit available to businesses that want to locate in or relocate to California or existing California businesses that want to stay and grow in the state. Credit is awarded to businesses through a competitive application process which includes a holistic analysis of individual applications through a two-phase application and evaluation process over an approximately 90-day period. Businesses are not limited to the number of times they can apply or the number of times they can be awarded tax credits for additional full-time job growth and investments.
- Benefit: Credit against California income tax dispensed over a 5-year term with a 6-year carry forward
- Process: Competitive application process, final determination by committee
- Next Announced Award Periods & Funding Amounts
- July 2024 ($164M)
- Max award: 20% of the programs total annual funding. Max award is $98,425,800 (20% available in fiscal year)
- Benefit: Credit against California income tax dispensed over a 5-year term with a 6-year carry forward
- Process: Competitive application process, final determination by committee
- Further information: https://business.ca.gov/california-competes-tax-credit/
See the CalCompetes Resource Page. It includes an FAQ, application guide and presentation that you can walk through to help fill out the online application.
Site Selection & Permitting
- Also as mentioned, here is a link to access our Site Selection worksheet (password: calbis). We offer a no-cost tailored site selection service. This is a 14-day calendar process and clients/companies can be completely confidential. This process is malleable and can be adjusted to fit your needs. Take a look at the form, let us know if you are able to submit or have any questions.
- Pre-permit meetings can be arranged with our GO-Biz permitting team and any CA local government permitting agency that you need to interface with re facility equipment permitting, related questions and strategies to reduce permitting timelines.
ZEV-Related Incentives & Resources
- Cal Fleet Advisor: https://calfleetadvisor.org/
- Fleet Transition Resource List: https://business.ca.gov/
industries/zero-emission- vehicles/zev-resources-and- readiness/fleet-transition- services/ - HVIP (vehicle vouchers): https://californiahvip.org/
- Clean Off-Road Equipment (CORE) voucher program: https://californiacore.org/
- EnergIIZE incentives for commercial ZEV charging/fueling infrastructure. They’ll want to look into which of the funding lanes apply to them, and then sign up for email updates. The next one that’s about to open is for hydrogen, and the others are for charging. They open one funding lane per quarter. https://www.energiize.org/
- EV Charger permitting resources: https://business.ca.gov/
industries/zero-emission- vehicles/plug-in-readiness/ - CEC solicitations page, of course. https://www.energy.ca.gov/
funding-opportunities/ solicitations
Research & Development
Research and Development Tax Credit (R&D)
This program reduces state income tax due to the Franchise Tax Board for qualified research expenses while conducting qualified research activity in California.
