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                  | Incentives  
                      
                         
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                              The 
                                City and County of Merced provide numerous incentives 
                                for new and existing businesses. In addition the 
                                competitive wages and available labor, businesses 
                                have the below incentives available to them. 
                              Site 
                                Identification and Development AssistanceThe City of Merced Office of Economic Development 
                                staff can help your company through the development 
                                process by coordinating pre-development meetings 
                                and assisting your company. Office of Economic 
                                Development staff can arrange meetings with other 
                                City departments such as Planning, Building, Code 
                                Enforcement, Public Works, and Fire.
 
 One Stop Permit Center
 The City of Merced has made tremendous strides 
                                to streamline the development process. The result 
                                is further reductions in already short permit 
                                time frames. The City's One-Stop Permit Center, 
                                incorporating Planning, Engineering and Inspection 
                                Services, is available to assist you with all 
                                development permits, including planning, zoning, 
                                environmental and others. Economic Development 
                                Staff will serve as your One-Stop Permit Center 
                                liasion to ensure a smooth process.
 California 
                                Employment Training Panel (ETP)This 
                                state program assists businesses in acquiring 
                                and retaining a highly skilled work force with 
                                expertise in very specific fields in order to 
                                increase competitiveness and productivity. The 
                                company must produce products or services sold 
                                out-of-state, or have in-state sales, which compete 
                                with products, sold out-of state, and meet the 
                                wage requirements. ETP will enter into a performance-based 
                                contract that will include a customized training 
                                curriculum, for new or existing employees, that 
                                is performed by either an approved training agency 
                                or the company itself. As the training is completed, 
                                the costs for developing, implementing, and completing 
                                the training are completes training and remains 
                                on the job for 90 days. For 10 reimbursed. Ranging 
                                from about $1,500 to $2,000 per employee, reimbursements 
                                are made to the company for each employee that 
                                employees trained, this can total up to $20,000.
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                          | Industrial 
                              Development BondsIndustrial Development Bonds (IDBs) allow job generating 
                              manufacturers to finance acquisition and expansion 
                              projects at low rates through tax-exempt bond issuance. 
                              Qualified firms can use IDBs for projects of $1 
                              million to $10 million.
  
                              Deferral of Capital Fees The City of Merced may defer the collection of capital 
                              fees (facility charges) until the time the Certificate 
                              of Occupancy is issued, not upon the pulling of 
                              the building permit. This saves up-front expense 
                              in project construction.
 California 
                              Capital Access Program (CalCAP)The California Capital Access Program (CalCAP) encourages 
                              banks and other financial institutions to make loans 
                              to small businesses that fall just outside of most 
                              banks' conventional underwriting standards.
  
                              CalCAP is a form of loan portfolio insurance which 
                              may provide up to 100% coverage on certain loan 
                              defaults. By participating in CalCAP, lenders have 
                              available to them a proven financing mechanism to 
                              meet the financing needs of California's small businesses.The 
                              California Capital Access Program (CalCAP) encourages 
                              banks and other financial institutions to make loans 
                              to small businesses that fall just outside of most 
                              banks' conventional underwriting standards.  
                              Recycling Market Development ZoneIncentives include one-stop permitting assistance, 
                              waiver or reduction of development/permit fees, 
                              a database on land, buildings, markets, and feedstock, 
                              a micro revolving loan fund, and installment payment 
                              of fees. The RMDZ loan program can also fund a maximum 
                              of 75% of costs directly attributed to an eligible 
                              project up to a maximum of $2 million, whichever 
                              is less. This benefit is available to companies 
                              in Fresno County who recycle materials which would 
                              otherwise be sent to landfills.
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                Merced University 
                  Industrial Park      •    
                    1212 K Street      •      
                  Modesto, CA 95354      •      
                  (209) 575-5900      •      
                  mark@merceduip.com  Information 
                  contained herein has been obtained from sources we deem to be 
                  reliable. We have no reason to doubt its accuracy but in no 
                  way do we guarantee it.No warranty or representation express or implied is made as 
                  its accuracy. It is your responsibility to independently confirm 
                  its accuracy and completeness.
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