Tech firm plans 73 jobs, $4.8M investment in Grand Rapids
Posted By: mlive on May 20, 2023. For more information, please click here to read the source article.
A Grand Rapids-based tech firm, whose online app is designed to help stockholders claim company gifts and perks, has received a $510,000 state grant if it creates up to 73 jobs over the next three years. TiiCKER, which has offices in Grand Rapids and Detroit, describes itself as software platform that brings together investors and their preferred brands through a shareholder rewards program.
A news release from the Michigan Economic Development Corporation says the company plans to purchase the building it’s currently leasing at 61 Commerce Ave. SW. The building would serve as the corporate headquarters for the company, which has seven employees.
“TiiCKER was launched to allow public companies to connect with, and market to, their retail shareholders. We’ve since become the world’s largest shareholder loyalty platform with triple-digit user growth and strong customer momentum in the past year,” said Jeff Lambert, the founder and CEO of TiiCKER.
The 73 jobs the company expects to create will pay an average weekly wage of $2,142, according to an MEDC memo. The $510,000 grant would provide the company with $6,986 for each of the up to 73 jobs it creates. The grant agreement is in effect through October 2026.
The company’s expansion, which includes the purchase of 61 Commerce Ave., is expected to generate an investment of $4.8 million.
“Today’s investment by TiiCKER will build on Michigan’s tech strengths and create 73 good-paying, high-skill jobs in West Michigan,” Gov. Gretchen Whitmer said in statement. “TiiCKER’s downtown Grand Rapids expansion reinforces our reputation as a world leader in innovation, makes our cities more attractive places to live and work, and continues to power our tech and information technology sectors.”
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