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Skyepack Relocates Operations in Lafayette, Indiana

To support the growth of its interactive learning platform, Skyepack, a Purdue University-affiliated company that offers a cost-effective alternative to college textbooks, plans to scale up its operations in West Lafayette, Indiana.

The company, which recently moved into the Kurz Purdue Technology Center in the Purdue Research Park of West Lafayette, launched its mobile and web platform in 2014 to reduce the cost of textbooks for students at colleges and universities across the U.S.

Skyepack plans to invest nearly $295,000 in its Tippecanoe County operations and create up to 51 new, high-wage jobs by 2020.

“We work with faculty to first understand their course, what they are teaching and what the key objectives are. Then we learn about their assessment strategy, the teaching methodologies they are using and other aspects of the class,” said Brady Kalb, CEO at Skyepack. “We also work to understand the needs of students. The needs of the students at Purdue, for example, are different from the needs of students at Ivy Tech. So we take all of those things into account.”

The IEDC offered Skyepack up to $725,000 in conditional tax credits 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 company also received $89,000 from the Greater Lafayette Commerce Training Grant Program.

"Indiana is committed to fostering an entrepreneurial ecosystem where companies like Skyepack can scale up their business and create jobs for Hoosiers," said Elaine Bedel, president of the Indiana Economic Development Corporation (IEDC). "It's evident that Skyepack continues to find a winning solution here in Indiana, taking advantage of our state's business-friendly environment, growing tech sector and skilled workforce supported by world-class universities."

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