Incentives & Resources
Many other incentives and resources are available to business looking to expand or locate in Selma. Please contact us to learn about the best options for your business. Below is a listing of a few lucrative options for your consideration. You may also want to contact our partner agencies for additional technical support for these incentives and more.
Local Incentives and Programs
City of Selma Façade Improvement Revolving Loan Fund
Matching loan of up to $5,000 available to property owners in the Downtown High Street Area.
Download the Application Here
Submit to: City of Selma Economic Development Department
1710 Tucker Street, Selma CA 93662
Application Fee: $75.00
Downtown Overlay Zone: In development
Business Improvement District: Under Evaluation
Community E-Gift Card Program: Active for participating retail, service, and restaurant businesses in the City of Selma.
View Bear Bucks Information here
Employment Training Panel (ETP)
Available to employers looking to up-skill employees for greater competition in the national and global market. Flexible training program is developed with the State of California and funding is performance based. www.ETP.ca.gov
Human Resource Hotline
Provided by the Fresno Regional Workforce Development Board. This hotline is free to employers across all of Fresno County. For answers to your complex or even simple HR needs including up to date employment law changes call: 1-844-431-4748
Incumbent Worker Training
Training funds available through Fresno Regional Workforce Development Board
New Employment Opportunity (NEO)
Wage Reimbursement of 100% for the first three months of employment for hiring qualified employees. Available through Fresno County Economic Development Corporation (EDC) in partnership with the County of Fresno Department of Social Services.Contact BEAR@fresnoedc.com
Work Opportunity Tax Credit
Federal level tax credit available to employers who hire individuals that qualify based on a targeted population including Veterans, Ex-Felons, Summer Time Youth, and Government Assisted Individuals. Visit the EDD website for the WOTC Employer Guide.
Finance Programs and Incentives
Industrial Development Bond Financing Program
CA Infrastructure Bank (I-Bank) offers several programs for businesses large and small with potential for long and flexible terms and low interest rates. See all programs at the website below.Visit: iBank.ca.gov
California Competes Tax Credit
State level income tax credit available to businesses that apply online during open application periods (typically 3 times per fiscal year).Call: 916-322-4051 for live technical support and information. Email: email@example.comVisit: www.business.ca.gov
PG&E Economic Development Rate (EDR)
Reduced rate for five years for businesses at risk of leaving California or expanding businesses that are considering other locations out of state.
Visit: PG&E Economic Development
Global Trade and Investment
Foreign Trade Zone #226
Designated facilities that, for Customs purposes, are outside of the United States. Benefits include reduced tariffs and fees. Zone designation can be evaluated by the administrating entity which for Zone #226 is the County of Merced. Contact: MHendrickson@co.merced.ca.us
Selma Chamber of Commerce
Fresno Area Hispanic Foundation
Fresno Metro Black Chamber of Commerce
Small Business Development Center
Access Plus Capital (A Community Development Finance Institution)
Fresno County Economic Development Corporation
Workforce Development Board Business Service Center
State of California Governors Office of Business and Economic Development
These guidelines are outlines listing basic steps that entrepreneurs and small business owners can expect to take when beginning new projects. They are meant to identify major topics so researchers can focus their energies and not be overwhelmed by the abundance of information available on the web and in print materials.