A cloud computing and strategic technology servicer, Polleo Systems, Inc., plans to invest $2.5 million to expand its headquarters in Carmel, Indiana, creating up to 36 new jobs by 2016. The homegrown-Hoosier company plans to expand its cloud platform, as well as lease and equip a new Carmel facility. Polleo Systems is planning to hire new system engineers, account executives and technicians for its north side location.
“The decision to continue our growth in Indiana is highlighted by the state’s commitment to small businesses and the opportunities that the state makes available to support our development,” said Talbott Sumners, president of Polleo Systems. “We feel that Indiana welcomes the high-tech community and companies like Polleo Systems.” Founded in 2011 by Sumners, the company is also opening an additional facility in Orlando, Fla.
“Polleo Systems is proof of the innovative talent that call the Hoosier State home. Our high-tech industry is experiencing rapid growth as companies continue to realize the many competitive advantages of doing business in Indiana,” said Eric Doden, president of the Indiana Economic Development Corporation.
As an incentive, Indiana Economic Development Corporation offered Polleo Systems, Inc. up to $300,000 in conditional tax credits and up to $40,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Carmel also supported this project.
“We are thrilled about the expansion and addition of new jobs at Polleo Systems’ current facility in Carmel City Center,” said Carmel Mayor Jim Brainard. “The city realizes a long term gain through local investment and job creation in redevelopment areas such as City Center. Polleo Systems’ decision to invest and expand in this location demonstrates exactly the type of economic impact the city anticipated for Carmel and the region.”