City Program Supports New Businesses
City Offers Program to Support New Businesses
The City of El Segundo recently established a Business License Tax Money-Back Guarantee Program to attract new businesses by refunding one year's worth of business license tax, if the business decides to leave the City within one year.
Eligible businesses must have at least 5,000 square feet of floor area and a minimum of ten employees at its location within the City. A business may only use this program once, and the program will not apply to any business that opens after January 1, 2023.
Click here for the press release.