Tech Company Relocates to Grand Junction
INFOCU5 Approved for Colorado’s Location Neutral Employee Incentive
GRAND JUNCTION, CO (June 18, 2020) – INFOCU5 is pleased to announce its approval for the Location Neutral Employee (LONE) Incentive by Colorado’s Economic DevelopmentCommission this morning and is relocating its office from Pasadena, Cali., to Grand Junction, Colorado
“Over the past two years, I’ve been re-establishing my roots here in southwestern Colorado after living in Santa Barbara, California for 16 years. Being born and raised in Telluride, the changes I have seen across the Western Slope have led to a newfound appreciation for the entire region, more specifically the countless gems in and around Mesa County. Our ongoing effort to exit ourCalifornia operations over the past 14 months has been met with great excitement to be officially teaming up with the Grand Valley communities to help spearhead sustainable economic growth and opportunity across the rural-based communities of Colorado, with GrandJunction being the location of our new core operations HUB.”
– Jake Bush, CEO
Headquartered in Telluride with an established satellite office in Denver, along with the approval of LONE, the SaaS company is now moving its California-based employees from its Pasadena location to Grand Junction. INFOCU5 has already hired 40 Grand Valley locals previously employed by Startek, a Grand Junction-based call that closed its doors this year. INFOCU5 has plans to hire nearly 300 employees over the course of the next three years at its new GrandJunction location. Employees will earn an average annual salary of $60,513, which is above theMesa County average. The company’s hybrid work environment provides remote, “location neutral” job opportunities for 50% of its employees.
INFOCU5 (“in-focus”) is the first company in Colorado’s Grand Valley to take advantage of theLONE incentive, which provides companies that are approved for a Job Growth Incentive TaxCredit in the State of Colorado with an additional cash incentive for each remote worker employed in an eligible rural county. This incentive was a key driver for the company’s move to Western Colorado, where it initially looked at locations in Utah and Arizona prior to deciding onGrand Junction.
INFOCU5 started working with GJEP in April 2019 via an introduction from Marc Nager, the fund director for the Greater Colorado Venture Fund GJEP. “We are excited to see this year-long process end in a win for the Grand Valley,” said Mara Hardy, GJEP’s Business DevelopmentManager for the tech sector. “INFOCU5 is a perfect fit for our growing tech community. We look forward to welcoming its employees and their families to the Western Slope!”
INFOCU5 offers a suite of software solutions designed to help organizations manage capacities associated with customer service and sales initiatives. The company’s singular, web-based application is designed to enhance a business’s existing customer support teams and performance marketing efforts. The software also provides an access point to a unique marketplace of talented and highly trained on-demand agents available for customer service, sales, and marketing support. INFOCU5 users range from direct online sellers to government service centers.
About the Grand Junction Economic Partnership
The Grand Junction Economic Partnership (GJEP) works to enhance the economic vitality and quality of life in Colorado’s Grand Valley by supporting high-impact capital investment and job creation. Operating as a 501(c)3, GJEP administers incentive programs, such as the RuralJump-Start Tax Credit, the Location Neutral Employee Incentive and Opportunity Zone investments, and offers services free of charge to organizations interested in relocation or expansion in the cities of Grand Junction and Fruita, the town of Palisade and surrounding communities of Mesa County.
Visit www.gjep.org for more information.
Contact: Trisha Phillips
INFOCU5 Marketing Manager