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Kern County Incentive Program - Rebates of property and sales/use taxes city incentives- additional financial assistance.
Kern Microenterprise Opportunity Program - Financial and business assistance for businesses with five or fewer employees, whose owners reside or business location is within Kern County excluding the city limits of Bakersfield, Delano, McFarland, Taft, Wasco, and where low to moderate income persons will benefit.
Economic Revitalization Manufacturing Property Tax Rebates - For expanding and new businesses that create at least ten, $10 per hour jobs.
Sales Tax Exemption - Five percent state sales tax exemption on purchase of tangible property for manufacturing, processing, refining, fabricating or recycling businesses.
Net Operating Loss Carryover - Businesses that experience a loss can carry the loss forward to next year to offset income in the following years.
Industrial Development Bonds - Used for assembling, fabricating, manufacturing or processing projects which create a product for sale, energy development projects, production, collections or conversion projects which manufacture or process recycled or reused products and materials.
Research & Development Credit - Eleven to twenty-four percent state income tax credit.
Child Care Tax Credit - Credits against bank and corporations tax liability for start up costs of a childcare program or construction of childcare facility.
SBA 504 Loans - provides ninety percent real estate financing.
USDA Rural Development - Infrastructure grants, loan guarantees, rural economic development grants and loans.
Small Business Assistance - Small and start up business assistance, financing, business plans.
CDBG Grant Assistance – Wasco has received multiple awards of Block Grants and has the ability to assist businesses with infrastructure, equipment, and purchasing.
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