Wednesday, August 22, 2012

Indianapolis Considering Abatement for Appirio Inc.

From the Indianapolis Business Journal:

San Francisco-based Appirio Inc., a cloud-computing service provider, announced Wednesday morning that it plans to spend $2 million to open a downtown Indianapolis office that will employ 300 people by 2015.

The company, which has offices in the United States, Europe and Asia Pacific, will initially occupy 12,500 square feet on the 11th floor of the Pan American building. The investment will go toward leasing, renovating and equipping the space, the company said. The company has options to lease additional floors as it expands.

The Indianapolis location, expected to open in October, is the company’s second in the United States.

“Opening an office and cloud development center in Indianapolis gives Appirio access to a large, highly educated talent base with close proximity to customers and partners,” Appirio CEO Chris Barbin said in a prepared statement.

The Indiana Economic Development Corp. said it will provide the company up to $5.6 million in performance-based tax credits and up to $200,000 in training grants based on its job-creation plans. The city of Indianapolis will consider additional property-tax abatements.
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http://www.ibj.com/web-services-firm-plan-downtown-office--300-jobs/PARAMS/article/36239