Durham, North Carolina-based tech firm Smashing Boxes will open a New Orleans location in early 2016, creating 85 jobs with an average annual salary of $75,000, plus benefits.
The company, which also has an office in Montreal, will invest $500,000 in its New Orleans site. Founded in 2010, Smashing Boxes crafts technology products and services spanning Web, mobile and connected devices for clients. The company was named one of the Best Entrepreneurial Companies in America recently by Entrepreneur magazine.
Louisiana’s economic development department estimates the project will generate 86 indirect jobs.
LED began discussing project possibilities with Smashing Boxes in May when company leaders were introduced to the city during New Orleans Entrepreneurship Week.
“I was struck by a like-mindedness with the local entrepreneurs and technologists,” Chief Executive Officer Nick Jordan said. “There’s a communitywide spirit of commitment that’s truly inspiring. Our ambition as a company is to shape the future of technology in New Orleans. We see a real opportunity to do just that — to help build a leading tech community.”
The state offered the company an incentive package that includes services from the FastStart workforce training program. Smashing Boxes also is expected to take advantage of tax breaks offered under the state’s Digital Interactive Media and Software Development Incentive.
Greater New Orleans Inc. President and CEO Michael Hecht noted that GNO Inc. and the New Orleans Business Alliance worked directly with Smashing Boxes over the past nine months to land the software company.
“The entrance of Smashing Boxes into the New Orleans market will add another chapter to the city’s growing success story as the No. 1 city in the U.S. for creative professionals,” Gov. Bobby Jindal said.
“When I came into office and as we worked to diversity the local economy, digital media clearly stood out as a growth industry,” New Orleans Mayor Mitch Landrieu said. “Over the past few years, we have made an aggressive effort to attract additional high-quality companies that offer opportunities for New Orleanians.”