An India-based tech startup has chosen Fort Collins as its U.S. headquarters following Gov. Jared Polis' 2019 international trade trip.
Square Comp, which offers a customizable virtual reality platform designed for manufacturing companies’ training purposes, expects to bring 54 new high-tech jobs with a minimum average annual wage of $71,676 — 132% of Larimer County's average annual wage of $54,145 — according to the Colorado Office of Economic Development and International Trade.
The company will be eligible to receive $494,747 in performance-based job growth incentive tax credits over eight years from the state economic development office once it proves it has created and maintained the 54 jobs for at least a year, said OEDIT spokesperson Jill McGranahan.