Square Comp Selects Colorado for its US Headquarters
Square Comp Selects Colorado for its US Headquarters
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Square Comp, an early-stage, Indian technology company, has announced Fort Collins, Colorado as the home of its new US headquarters. They first became acquainted with Colorado during Governor Polis’s trade mission to India in November 2019.
“Good-paying jobs continue to expand across our Front Range tech corridor from Colorado Springs to Fort Collins,” said Governor Jared Polis. “Square Comp is a great addition to Fort Collins and Colorado continues to feel the economic benefit of my first Foreign Direct Investment mission to India in 2019.”
Indian tech startup Square Comp to open headquarters in Fort Collins bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
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.