Lucid Services Group Expands In Indianapolis, Indiana
The woman-owned business, which was first established in Bloomington, has increased its sales more than 400 percent in the past year. The company will open a new downtown Indianapolis headquarters in the Stutz Business Center later this month. Complementing the company’s original office in Bloomington, the new office will allow Lucid Services Group to meet rising demand from clients.
“With our new headquarters in the Stutz Business Center, we’re right in the middle of the action that downtown Indy has to offer,” said John Galligan, chief operating officer for Lucid Services Group. “Our team tips our hat to the leadership at both the state and city of Indianapolis for creating such an amazing business climate. When working with state leaders, we found a group committed to growing companies and the high-tech workforce here in Indiana. We are thrilled to be able to put down our roots in Indianapolis and capitalize on the already strong talent base here.”
"Indiana is a fantastic market for the life sciences industry, as well high-tech engineering companies,” said Bethany Robinson, CEO & Owner of Lucid Services Group. “The state's history of innovation in this space is creating more demand for professional services partners to help medical device, pharmaceutical and biotechnology firms continue to drive new products to market.”
“Indiana’s growing list of Hoosier-founded and Hoosier-run technology companies shows what we’ve long known: Indiana is a national leader in innovation,” said Elaine Bedel, president of the Indiana Economic Development Corporation.
“Companies like Lucid Services Group are finding a firm footing for growth in Indiana because of the state’s excellent climate for small businesses, as well as a strong pipeline of skilled Hoosier workers and students ready to help solve challenges and advance new solutions," she added.
As an incentive, the Indiana Economic Development Corporation offered Lucid Services Group up to $1,400,000 in conditional tax credits and up to $200,000 in training grants based on the company’s job creation plans. These incentives are performance based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis supports the project in partnership with Develop Indy, a business unit of the Indy Chamber.
“I am excited to welcome Lucid Services Group to Indianapolis, the latest company to enrich our city’s tech ecosystem,” said Indianapolis Mayor Joe Hogsett. “As we work to cultivate the next generation of talent, it is important to celebrate the diversity of our local innovators and leaders. I am hopeful that with the addition of Lucid Services Group to our tech community, even more diverse entrepreneurs will be inspired to pursue careers in this thriving field.”
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