'Project Omega' to bring 450 IT and financial services jobs to Jacksonville, seeking incentives of $3.29M


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  • | 12:00 p.m. February 10, 2016
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A public accounting firm that will create 450 information technology consulting and financial services jobs is asking for $3.29 million in taxpayer funds for a new financial services operation in Jacksonville.

The jobs would be created no later than Dec. 31, 2019, have an average wage of $49,340 and adds $22 million annually to area payroll. Additionally, the company will have a capital investment minimum of $5.95 million in IT, equipment and furniture.

Of the $3.29 million for the unnamed company — dubbed “Project Omega” — the city would be responsible for $450,000, according to a project summary.

That amount consists of 20 percent of a Qualified Targeted Industry Tax Refund incentive paid after the jobs are created.

The state is responsible for the remaining $2.85 million. Of that, $1.8 million is the state’s 80 percent portion of the QTI and the remaining $1.035 million comes through a Florida Flex Training grant.

Legislation for the economic development deal was introduced to City Council on Tuesday.

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