Explanation
BACKGROUND: The Columbus Department of Development is proposing to enter into a Columbus Downtown Office Incentive Agreement with Engage Holdings, LLC dba iQventures.
Engage Holdings, LLC, dba iQventures, specializes in developing software that provides advanced analytics to contact center operations and also simplifies call center operations for use over the web versus traditional approaches with switches and hardware. The company was established in 2014.
Solutions are broken down into 4 areas: (1) speech iQ (quality assurance monitoring/analysis of phone call conversations); (2) contact iQ (customizable webRTC technology) - maintains call center system; (3) sales leader iQ (SalesForce integration with other iQ programs); and (4) office phone iQ (intelligent IP business phone solution).
Engage Holdings, LLC, dba iQventures is proposing to expand in downtown Columbus by entering into a lease agreement for approximately 3,500 square feet at project site 278 N. 5th Street in downtown Columbus as early as May 2016, relocate and retain two (2) jobs from its Dublin location and create 25 new full-time permanent positions with an annual payroll of approximately $1,625,000 million. The company will invest approximately $45,000 in leasehold improvements and furniture and fixtures.
Engage Holdings, LLC, dba iQventures is considering locations outside of the City of Columbus including Dublin and New Albany.
Engage Holdings, LLC, dba iQventures is Joseph T. Ryerson & Son, Inc. is requesting a fifty-percent (50%)/5-year Downtown Office Incentive from the City of Columbus to assist in their office expansion and relocation.
FISCAL IMPACT: No funding is required for this legislation.
Title
To authorize the Director of the Department of Development to enter into a Columbus Downtown Office Incentive Agreement with Engage Holdings, LLC, dba iQventures, as provided in Columbus City Council Resolution Number 0088X-2007, adopted June 4, 2007.
Body
WHER...
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