Networks Connect Expands Indianapolis, Indiana, Headquarters
According to Indiana Economic Development Corporation, the company is investing $1.36 million to lease and equip the 5,000-square-foot facility, housing its growing team and enabling Networks Connect to support the increase of its client base in Indiana and across the U.S.
“Our impact will be in both the quality and scale of our service offerings, but also in the jobs we create right here in Indianapolis at our corporate headquarters," said Chris Madden, Networks Connect president and founder. "Indiana is our home, and most of us have grown up here. We have lived through the city's continuous growth and improvement, and we want to play our part in making Indianapolis one of the greatest cities in the country."
As an incentive, IEDC offered Networks Connect up to $450,000 in conditional tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Indianapolis supports the project in partnership with Develop Indy.
“Indiana is ranked first in the Midwest for entrepreneurial friendliness, and it’s exciting to see startups like Networks Connect choose to stay and grow here,” said interim Indiana Secretary of Commerce Jim Staton. “Not only is Networks Connect’s growth creating quality jobs for Hoosiers, but it’s also working to connect more of Indiana’s skilled-and-ready talent to a variety of businesses across the state.”
Networks Connect, which launched in March 2019 with two remote employees, recently established its headquarters at 7400 Shadeland Ave. in Indianapolis. The company, which has recently hired 16 employees since August 2020, plans to continue its hiring trend.
“We’re excited to welcome dozens of new jobs from Networks Connect LLC to Indianapolis,” said Indianapolis Mayor Joe Hogsett. “Today’s announcement is yet another demonstration that our city is a great place to grow a company, with good jobs going to quality talent.”
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