Source: The Business Journals: Jacksonville

SharedLabs: In wake of founder resignation, SharedLabs forfeits city incentives

A company that previously threatened to leave Jacksonville if it didn't receive city and state incentives has now forfeited the money, saying it must "reassess" its plans for growth. SharedLabs has formally forfeited $535,000 in incentives that were conditional on moving 107 jobs downtown by the end of 2021. In an April 12 letter to the Florida Department of Economic Opportunity, SharedLabs Vice President of Strategy Lenny Abbot wrote, "Based on recent executive leadership changes, SharedLABS...

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Est. Annual Revenue
$25-100M
Est. Employees
100-250
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