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[IEDC] Another High-tech Company Chooses Indy for Growth
Start Date: 10/2/2012 All Day
End Date: 10/2/2012
Entry Description
INDIANAPOLIS (Oct. 2, 2012) - Connect Think, LLC, a software technology company, announced plans today to expand its operations here, creating up to 25 new jobs by 2016.

The Indianapolis-based company, which specializes in developing integrated solutions for web, mobile and desktop platforms, will invest $244,000 to equip its facility located at 1020 E. 86th St. on the city's north side. Connect Think is currently hiring programmers and software engineers and will continue training its development team with a focus on mobile application development.

"Connect Think is one of many Indiana companies that are putting the Hoosier State on the map as a home where high-tech enterprises start and succeed," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "We know jobs like these represent the future of the Indiana economy and are just the kind of opportunities the more than 1,700 tech-savvy Hoosiers who graduated from Indiana's colleges last year are looking for as they begin their careers."

Founded in 2010, Connect Think is a software development and consulting firm that serves clients ranging from small start-ups to Fortune 500 companies. The company's most recent projects include the development of an internal iPad app for Simon Property Group employees nationwide and a cloud-based solution for FatStax, which integrates catalogs on the iPad. It also developed an iPhone app for Indianapolis' Wheeler Mission to promote its annual Drumstick Dash race.

"Connect Think finds the most efficient, reliable and scalable solutions to fit the needs of our clients' business," said Chris Waugh, a partner at Connect Think. "This new project will enable us to focus on continued growth and additional training for our mobile development team in order to bring a wider range of services to our growing base of clients. With the growth of iPhone, iPad, Android and Blackberry devices for business and personal use, we are constantly finding new paths to explore for our clients." 

The Indiana Economic Development Corporation offered Connect Think, LLC up to $370,000 in conditional tax credits and up to $25,000 in training grants 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 city of Indianapolis will consider additional tax abatement at the request of Develop Indy.

"Indianapolis continues to add high-tech positions at a faster rate than many other cities competing for these jobs," said Indianapolis Mayor Greg Ballard. "Connect Think is among startup companies leading the growth of the digital technology sector in innovative ways. We are pleased that Connect Think has chosen to expand operations here."

Connect Think joins 13 other technology companies that have made plans to expand or locate in Central Indiana this year. Just last month, Governor Mitch Daniels joined executives from two high-tech companies announcing plans to expand their Indianapolis operations. IT services provider Bell Techlogix announced it will expand its Indianapolis corporate headquarters, adding up to 204 new jobs. Also, global technology-enabled cloud service provider Appirio made plans to open its second U.S. office in downtown Indianapolis, creating up to 300 jobs.

About Connect Think
Indianapolis-based Connect Think LLC specializes in developing best-in-class, integrated solutions for web, mobile, and desktop platforms for small start-ups to Fortune 500 clients. The company began in 2010 with three partners who have more than 30 years of combined experience, and has grown into a successful software development and consulting firm that has more than doubled its revenue in the last two years. Connect Think has been nominated as Start-up of the Year at TechPoint's MIRA Awards.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit
www.iedc.in.gov.

- 30 -

Media Contacts:
Laurie Blackburn (Connect Think) - 317.682.0242 or lblackburn@connectthink.com
Katelyn Hancock (IEDC) - 317.234.2294 or kahancock@iedc.in.gov
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Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Business & Employment
  • Agency Name
    Economic Development Corporation, Indiana

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