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Fast-growing One Click lands $1M state incentive deal

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Greenwood e-commerce company One Click Ventures LLC could collect $1 million in state tax credits and training grants if it succeeds in hiring 109 new employees over the next five years.

The incentive package, scheduled for an announcement led by Gov. Mitch Daniels Thursday morning, is a sweetener to a deal the company reached in February with the Greenwood Redevelopment Commission.

The $1 million in state aid consists of $950,000 of performance-based tax credits and $50,000 in training grants.

Greenwood offered the company $495,000 in up-front cash and up to $336,000 in additional hiring incentives to help it move into a former M&I Bank call center at 1300 Windhorst Way. One Click said it has invested more than $2 million in the building.

The company, which acquires and operates niche retail websites such as HandbagHeaven.com and SunglassWarehouse.com, already employs 50 people, 26 of whom it hired this year, said chief marketing officer Scott Brenton, who joined the company from Angie's List in April.

Brenton said One Click expects to hire the additional staff members by 2015. The positions will pay an average of $17 per hour and will include office and warehouse fulfillment positions.

The company's deal with Greenwood calls for payments to the company of $6,500 per employee for everyone it hires who resides within Greenwood, Clark or Pleasant townships. The company gets $4,000 for other employees in Johnson County and $3,000 for those who live outside the county.

The city also agreed to give One Click $200,000 for its down payment to buy the building and another $48,000 per year for maintenance for at least five years.

The company's revenue jumped from $2 million in 2009 to $5.3 million in 2011, according to data provided to IBJ. Angie and Randy Stocklin started the company out of their home with $20,000 in 2005.

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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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