Three fledgling businesses that trace their roots to co-working space Launch Fishers announced growth plans Tuesday that are expected to lead to a total of 82 new jobs and $2 million in capital investments in Fishers.
Sales Tuners LLC, Ultimate Automation Inc. and VendorJump LLC all reached incentive agreements with the state that will provide them with tax credits and training grants if they live up to job-creation commitments, according to the city of Fishers.
Sales Tuners, founded by former Slingshot SEO and Compendium salesman Jim Brown in May 2016, plans to add 25 fulltime jobs by the end of 2021 and make a capital investment of $365,800 to spur growth plans.
The company, based at Launch Fishers, is a sales-training firm that took its name from a sales-oriented podcast Brown started in 2016 as a hobby.
The company plans to hire employees who can provide group training for salespeople, one-on-one coaching and strategic advising for executives.
The IEDC offered Sales Tuners up to $255,000 in conditional tax credits and up to $50,000 in training grants based on the job-creation plans.
Ultimate Automation plans to spend more than $1 million to grow operations and add 31 fulltime jobs by the end of 2021.
The commercial audio-visual, automation and information technology systems provider opened a storefront location at The Depot, 8594 E. 116th St., in November. It was founded at Launch Fishers by Will O’Brien in early 2017.
The IEDC offered Ultimate Automation up to $325,000 in conditional tax credits and up to $50,000 in training grants based on the job-creation plans. The company had four employees when it made the incentive deal and has since grown to 11 employees.
VendorJump, a global e-commerce retailer founded last month at Launch Fishers, plans to add 26 fulltime positions and make a capital investment of $517,000 by the end of 2021.
The IEDC offered VendorJump up to $185,000 in conditional tax credits and up to $65,000 in training grants.