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Education software firm moving headquarters to Louisiana

1 year 3 months 4 weeks ago Tuesday, July 28 2020 Jul 28, 2020 July 28, 2020 5:46 AM July 28, 2020 in News
Source: Associated Press

LAFAYETTE, La. (AP) — Education software company SchoolMint Inc. will move its headquarters from San Francisco to Louisiana as it consolidates its United States operations in Lafayette, the company’s CEO and Gov. John Bel Edwards announced Monday.

The firm, which develops enrollment, application and behavioral management software for schools, also will relocate corporate offices from New York and Miami to Lafayette as part of the consolidation plans.

The restructuring — which includes a $515,000 investment in new facilities — will create 178 new jobs in Lafayette, with an average annual salary of more than $74,000 plus benefits, according to the governor’s office. The company has 13 jobs at its Lafayette office since buying locally-based Smart Choice Technologies in 2019.

“The vibrant and growing tech culture here is exciting, and we expect to create hundreds of high-tech jobs over the next decade,” SchoolMint CEO Bryan MacDonald said in a statement. “We look forward to bringing a bit of Silicon Valley to Lafayette, while also deepening the local roots first put down by our Smart Choice division.”

Louisiana is giving the company a $900,000 software development tax credit and $1 million for relocation expenses, in addition to other tax breaks and workforce training assistance, Edwards’ office said.

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