Grand Junction, CO, June 18, 2020 (GLOBE NEWSWIRE) — The Grand Junction Financial Partnership (GJEP) is happy to welcome INFOCU5 to Colorado’s Grand Valley. The SaaS firm was accepted for the Location Impartial Worker (LONE) Incentive by Colorado’s Financial Improvement Fee this morning and is at the moment relocating its workplace in Pasadena, Cali., to Grand Junction.
“Over the previous two years, I have been re-establishing my roots right here in southwestern Colorado after dwelling in Santa Barbara, California for 16 years,” stated Jake Bush, CEO and Founding father of INFOCU5. “Being born and raised in Telluride, the adjustments I’ve seen throughout the Western Slope have led to a newfound appreciation for your complete area, extra particularly the numerous gems in and round Mesa County.”
INFOCU5, which is headquartered in Telluride and already operates a satellite tv for pc workplace in Denver, is shifting one dozen workers from Pasadena to Grand Junction. It has additionally employed round 30 locals beforehand employed by Startek, which closed down its operations in Grand Junction earlier this 12 months. Altogether, INFOCU5 plans to rent upward 300 workers over the following three years to the brand new location. With a median annual wage of $60,513, workers earn properly above the Mesa County common.
“Our ongoing effort to exit our California operations over the previous 14 months has been met with nice pleasure to be formally teaming up with the Grand Valley communities to assist spearhead sustainable financial progress and alternative throughout the rural-based communities of Colorado, with Grand Junction being the situation of our new core operations HUB,’ stated Bush.
The corporate is the primary in Colorado’s Grand Valley to reap the benefits of the LONE incentive, which supplies corporations which can be accepted for a Job Development Incentive Tax Credit score within the State of Colorado with a further money incentive for every distant employee employed in an eligible rural county. The inducement was a key driver for INFOCU5 – practically 50% of the Grand Junction workers meet the parameters for the inducement.
The corporate initially checked out a number of areas earlier than selecting Grand Junction. INFOCU5 was additionally drawn by the native workforce availability and GJEP’s relocation program, which supplies relocating workers and their households with steady assist all through their transfer.
GJEP started working with INFOCU5 in April 2019 after an introduction by means of Marc Nager, the fund director for the Better Colorado Enterprise Fund, and a gathering at Techstars Startup Week Western Slope final June.
“We’re excited to see this year-long course of finish in a win for the Grand Valley,” stated Mara Hardy, GJEP’s Enterprise Improvement Supervisor for the tech sector. “INFOCU5 is an ideal match for our rising tech group. We sit up for welcoming its workers and their households to the Western Slope!”
About INFOCU5
INFOCU5 affords a collection of software program options designed to assist organizations handle capacities related to customer support and gross sales initiatives. The corporate’s singular, web-based utility is designed to boost a enterprise’s present buyer assist groups and efficiency advertising and marketing efforts. The software program additionally supplies an entry level to a novel market of gifted and extremely educated on-demand brokers out there for customer support, gross sales, and advertising and marketing assist. INFOCU5 customers vary from direct on-line sellers to authorities service facilities. Go to https://www.infocu5.com/ to study extra about INFOCU5.
Concerning the Grand Junction Financial Partnership
The Grand Junction Financial Partnership (GJEP) works to boost the financial vitality and high quality of life in Colorado’s Grand Valley by supporting high-impact capital funding and job creation. Working as a 501(c)3, GJEP administers incentive applications, such because the Rural Leap-Begin Tax Credit score, the Location Impartial Worker Incentive and Alternative Zone investments, and affords companies freed from cost to organizations focused on relocation or enlargement within the cities of Grand Junction and Fruita, the city of Palisade and surrounding communities of Mesa County. Go to www.gjep.org for extra data.
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Cilia Kohn Grand Junction Financial Partnership 720.272.1777 cilia@gjep.org
