Wednesday, December 4, 2013

IBJ Reports AppealTrack Offered Incentives for Expansion in Indianapolis

From the Indianapolis Business Journal:

Software startup AppealTrack plans to double its staff in the next few years after securing a commitment for $70,000 in incentives from the Indiana Economic Development Corp.

The 3-year-old company, which develops software that tracks tax appeals, plans to hire seven people by 2016, company officials said last week.

It’s a relatively large leap forward for a small startup that has seven full- and part-time employees working out of Developer Town, a design and development firm in a warehouse space south of Broad Ripple.

...

The Indiana Economic Development Corp. has agreed to provide AppealTrack with $50,000 in tax credits and $20,000 in training grants, contingent on the company's meeting its hiring commitments.