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Indianapolis software firm plans to add 95 jobs by 2016

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Indianapolis-based Tinderbox Inc., a provider of sales and marketing software, announced Tuesday morning that it plans to add 95 jobs by 2016 as part of a $540,000 expansion.

The company, 5255 Winthrop Ave. in the Meridian-Kessler area, said the investment will help expand its cloud-based platform business. Tinderbox already is hiring for sales, client support and software, and product-development positions.

The Indiana Economic Development Corp. said it will provide Tinderbox up to $1.4 million in performance-based tax credits and up to $55,000 in training grants based on the company’s job-creation plans. The city of Indianapolis will consider additional property tax abatements.

“It was an easy decision to choose Indiana as the place to expand with its growing high-tech sector and stable business climate,” Dustin Sapp, founder and president of Tinderbox, said in a prepared statement. “We’re looking forward to a successful future of economic impact here in Indianapolis.”

Tinderbox provides software that helps companies create and save sales proposals online. Its clients include Indianapolis-based Angie's List Inc.

The company was founded in 2010 by entrepreneurs Sapp, Kristian Andersen and Mike Fitzgerald with personal savings and $150,000 from five angel investors.
 

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  • A great leadership team and vision
    This is exactly the kind of business that the IEDC should be investing in - high tech companies who have a proven leadership team like Tinderbox!

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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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