Qualified Jobs Incentive Tax Credit Award Recipients
smartShift Technologies provides a smarter way to transform legacy SAP systems and run them in the cloud. Leveraging smartShift’s Intelligent Automation Platform, smartShift clients complete SAP system transformations exponentially faster and with significantly less risk. smartShift is proposing to relocate from Boston to Rhode Island by creating at least 43 new full-time jobs for which it would receive tax credits.
The new employees will consist of Project Managers, Cloud Engineers, and Executive Management with an anticipated median annual salary of $134,450 for jobs qualifying for tax credits. smartShift expects to hire new employees incrementally by 2023. smartShift is approved tax credits will total approximately $1.69M over the course of the 10 year agreement.
Economic Impact Analysis
New England Real Estate Journal: smartShift relocates to Rhode Island
Providence Journal:Tax credits lure 3 companies to R.I.