Archive for February, 2016

Club creates hospitality jobs in Atlanta

Wednesday, February 3rd, 2016

The opening of a new club is creating hospitality jobs in Atlanta.

Switchyards Downtown Club is Atlanta’s newest startup hub and the only business-to-consumer startup hub in the Southeast.

Switchyards is based in a renovated 19,000 square-foot building in Downtown Atlanta and will host more than 150 business-members.

Invest Atlanta’s Business Expansion and Retention team was a key partner in supporting Switchyards, providing assistance with building permits for the renovation and construction and guidance with Opportunity Zone Certification to assist with job creation.

“Innovation and entrepreneurship are about serendipitous collisions,” said Dr. Eloisa Klementich, CDcE. “Offering startups a community like Switchyards facilitates the growth of the next generation of business and supports Atlanta as we compete within the 21st century economy.”

“Switchyards is creating an entire building in the middle of Downtown Atlanta focused on programming and content to produce more successful business to consumer startups,” said Michael Tavani. “Atlanta’s startup scene has grown nicely over the last 10 years but is dominated by the city’s strong business to business companies. We hope to change that.”

Switchyard will also be a coffee shop, a location for industry events and an incubator.

“Atlanta has long been a city that welcomes and nurtures talent, entrepreneurship, and innovation, and I am proud to support Switchyards,” said Mayor Reed. “It’s exciting news that more than 150 innovative startups will work at Switchyards Downtown Club, building the next great tech companies in the heart of Downtown Atlanta.”

Company creates payment processing jobs in Atlanta

Wednesday, February 3rd, 2016

A company is establishing new HQ and creating payment processing jobs in Atlanta.

Merchant e-Solutions, a payment-processing company, will establish its new corporate headquarters in Buckhead. This project represents the creation of over 140 new jobs and a capital investment of $5 million.

Merchant e-Solutions is a commercial acquirer and global payment processing company. The company’s technology platform supports the needs of a variety of merchant segments, from small businesses to B2B wholesalers and global e-commerce enterprises.

“We welcome Merchants e-Solutions to ‘Transaction Alley,’ in the City of Atlanta,” said Mayor Reed. “With this relocation, Atlanta is further growing our FinTech sector and solidifying our status as a national and international hub for transaction processing. Atlanta is a fantastic place for technology companies and entrepreneurs to bring and build their dreams.”

“We are excited to make Georgia our home,” said Merchant e-Solutions chief executive officer Tom Bell. “The Atlanta market brings us closer to key business partners and allows us to tap into the amazing talent of this rich financial technology epicenter as we establish and expand our local presence.”

“We are thrilled that Merchant e-Solutions has selected metro Atlanta for its headquarters relocation,” said Hala Moddelmog, President and CEO of the Metro Atlanta Chamber of Commerce. “This investment further solidifies our position as a global leader in the FinTech sector and is a testament to the strength of the skilled talent coming out of our colleges and universities.”

Georgia Department of Economic Development (GDEcD) project manager Ashley Morris represented the Global Commerce division in partnership with Invest Atlanta, the Metro Atlanta Chamber of Commerce and Georgia Power.