Known for its ethnic diversity and proximity to San Francisco,“The City by the Bay,” Oakland, CA is the 8th largest city in California and the 47th largest in the country.
The city’s port is an international gateway with $33 billion of goods passing through each year. Home to professional football team the Oakland Raiders, the city is also close to three international airports: Oakland International Airport, San Francisco International Airport, and San Jose International Airport.
To attract businesses, the city offers dollar-for-dollar tax credits if you decide to locate your business’s office space in one of the many Enterprise Zones throughout the city.
Here are some other interesting facts about Oakland you’ll want to know before you make any decisions about relocating:
1. The Oakland Enterprise Zone covers a large portion of the city and also gives you an Enterprise Zone Hiring Credit which totals up to $37,440 per qualified employee over a five-year period. Other benefits include Sales and Use Tax Credits, Business Expense Deductions and Net Operating Loss Carryovers.
2. Although it’s less than 12 miles from San Francisco, Oakland’s climate is much milder and similar to a Mediterranean climate with warm, dry summers and mild winters.
3. Oakland has 13 sister cities in various countries, including China, Japan and Portugal.
4. Oakland’s Business Assistance Center offers starting and growing businesses direction and help navigating through the city’s business environment.
5. Based on U.S. Census data, Oakland is ranked 3rd in the nation in the percentage of women-owned businesses.
6. One of the 10 greenest cities in the U.S., Oakland’s green business activities focus on helping businesses improve their environmental performances. The city wants to attract new businesses that offer environmental products or services, and help current environmental businesses expand. This includes helping companies find financing, networking, and technical assistance.
7. OaklandGrown.org is a program of the Sustainable Business Alliance and is comprised of local business owners, artists, and engaged citizens committed to strengthening locally owned and independently operated businesses and local artists in Oakland.
8. The Alameda County Small Business Development Center offers one-on-one counseling, free seminars and tech training for small businesses in all industries.
These eight facts can benefit your business, so consider all of them before making the final decision about your company location.
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