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EduSource Expands Carmel, Indiana, Operations Center

EduSource, a custom software development firm, plans to expand its operations in Carmel, Indiana. The company plans to create up to 30 new jobs by 2019.

To support this growth, EduSource will invest $1.1 million to lease and equip a new 7,000-square-foot office in Carmel, which is slated to be more than five times larger than its current office at 9800 Association Court. With plans to be operating in the new facility by August, the company’s expanded space will allow it to focus part of its office solely on training students in custom software development.

“Indiana has a strong core of technology-focused universities, schools like Purdue University, which has had a solid reputation for engineering since the 1800s,” said Jason Beutler, Founder & President of EduSource. “But you also have private schools, like Taylor University and Rose Hulman, that have incredible programs. When you couple that with a reasonable cost of living and the friendly, hardworking ethos of Hoosiers, you have an ideal base for a company that is working to equip the future.”

“EduSource’s unique business model is changing the equation for software development, " said Elaine Bedel, President of the Indiana Economic Development Corporation. "By training the next generation of Indiana's tech leaders, EduSource is growing its business while actively investing in tomorrow’s Hoosier workforce, ensuring that the state is prepared to capitalize on our future as a top hub for innovation and entrepreneurship.”

As an incentive, Indiana Economic Development Corporation offered Jrbeutler Inc. (dba EduSource) up to $300,00 in conditional tax credits and up to $120,000 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 Carmel supports the project.

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