Virginia Governor Terry McAuliffe and Richmond Mayor Dwight Jones announced on Jan. 29 that software vendor and manufacturer AvePoint opened an operation center in downtown Richmond, bringing 100 jobs to the city.
“Today is a great day for AvePoint and the City of Richmond,” Jones said. “AvePoint’s decision to establish its presence in Richmond speaks to the City’s strong business climate and ability to compete and retain new economy companies with international footprints,”
The New Jersey company specializes in software to accompany Microsoft Cloud technology. Richmond Times-Dispatch reports that the company’s $1.5 million investment will bring 100 jobs to Richmond.
Tom Lin, Avepoint’s corporate vice president of North America sales, told NBC12 that Avepoint had been examining Richmond for a long time. Lin said when he looked at other municipalities, Richmond presented the best opportunity.
“Here, the governor’s office, the Mayor’s office provided us with a lot of details of the environment, the economic benefits ultimately lead us to decide to come to Richmond, Virginia,” Lin said.
According to the mayor’s office, Virginia Economic Development Partnership, a state-wide economics agency, worked with Richmond, Greater Richmond and Arlington County officials to secure the investment.
AvePrint will provide a number of benefits including subsidized training for its new employers, and other benefits from the Virginia enterprise zone program.
“Virginia clearly offers an unparalleled attractive business atmosphere with lower taxes, a lower cost of doing businesses and a highly talented labor force, the combination of which no other location suitably matched,” said Brian Brown, AvePoint’s Global General counsel. “Compared to other possible expansion locations, Virginia took the winning position by a wide margin thanks to its commercial, social and cultural standing,”
AvePoint has a history of contracting with medical and financial firms, making Richmond a competitive location. The company has not currently posted any internships.
Staff Writer, Andrew Crider
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