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.
As IBJ reported in December 2012, the company has wooed major clients in its first few years of operation, including prominent Indianapolis law firm Ice Miller LLP.
“We’ve been well-received by the market and are planning for continued significant growth as a result,” company founder Doug Collins said in a prepared statement.
“Providing our customers with tools that make them more efficient and strategic will continue to be our focus. We’re thankful for the support of the state and look forward to adding more talented folks to the team,” Collins said.
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.