California awards $1.3 billion in CalCompetes grants to boost jobs in aerospace, clean energy, and tech
By
State of California
Summary
California Governor Gavin Newsom announced $1.3 billion in new private investment through the CalCompetes program, spanning aerospace, advanced manufacturing, clean energy, and high-tech industries. The investments aim to create thousands of new jobs and support California's economic priorities as outlined in the California Jobs First Economic Blueprint, with a focus on strengthening key sectors and expanding economic opportunity across the state.
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Key quotes
· 2 pulledSpanning industries from aerospace and advanced manufacturing to clean energy and high tech, this latest round of CalCompetes awards advances several of California's economic priorities as outlined in the California Jobs First Economic Blueprint.
Today's investments support growth in 'strengthen' and 'accelerate' sectors while reinforcing California's commitment to attracting investment, expanding economic opportunity and creating high-quality jobs across the state.
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