BRE Team Supports CapTech’s Expansion at Bank of America Plaza

Wednesday, January 3, 2018

The Business Retention and Expansion (BRE) team met with executives from CapTech, a management and IT consulting firm growing its presence in Atlanta.

The company recently moved to Bank of America Plaza, and plans to add 50 new positions this year. CapTech is a national firm based in Richmond, Virginia, but opened an Atlanta office to gain access to the city’s high concentration of Fortune 500 companies and talented workforce.  CapTech chose Bank of America Plaza specifically for it’s location near Georgia Tech and a MARTA rail station.

“The tech market in Atlanta is just booming and CapTech’s business in Atlanta is growing faster and more robustly than expected,” a CapTech spokeswoman said recently.

CapTech has been already become active in the surrounding communities. Since opening their Atlanta office, the company has participated in Coca-Cola’s Year Up program, worked with Usher’s New Look, and supported the Covenant House.

The BRE team recently met with company representatives to discuss incentives, including the Opportunity Zone Tax Credit, which offers a maximum annual tax credit of $3,500 per new job for five years. They also discussed how to meet their workforce development needs and made introduced the company to other regional organizations.