An IT security firm in Tampa has announced they will add another 150 jobs, maybe more, to the area throughout 2017. They are just one of the many companies in the Tampa area making it a better destination for IT and tech jobs.
ReliaQuest received a $30 million commitment of growth equity recently and will use the money to fund research and development. In addition, the company added over 100 jobs in 2016.
Fulfilling the Company Goals
The new jobs are expected to help fulfill the company goal of figuring out what type of products clients will need in three to five years. The company will be able to implement advanced monitoring and create a new arm for research and development. The new arm will be called the RQ Innovation Team.
In addition to the equity funding, ReliaQuest was able to qualify for up to $330K in funding from the state and city. This funding came under the Qualified Target Industries Program from 2014 and 2015. Since the company said it would create 55 jobs with annual wages averaging $63,669, they qualified because they exceeded these numbers by nearly double.
Other Big Business Moves in Tampa
Along with ReliaQuest creating more jobs, the BeniComp Insurance Company relocated its headquarters from Fort Wayne, Indiana to the downtown Tampa area. It started with just nine members of the executive team making the move into the 501 E. Kennedy Boulevard location. However, the company also plans to add three more full-time employees this year.
The Fort Wayne office employs 40 people currently. BeniComp is making the move due to their strong partnerships with Florida-based insurance companies. The Tampa Hillsborough Economic Development Corporation and CareerSource Tampa Bay are helping the company with the move.
These are just two of the moves happening with larger businesses that will help to strengthen the economy of Tampa. Many other moves are in the works and some are expected to happen during 2017.