Dublin offering incentives to retain, create new jobs
Dublin is considering incentives for two companies that could bring 50 new jobs to the region.
The first reading of economic development agreements with Navidea Biopharmaceuticals and Persistent Systems was heard by Dublin City Council members July 1.
A second reading and vote is expected Aug. 12.
The agreement with Navidea is expected to keep the company headquarters in Dublin, retaining 40 jobs and adding another 20.
To get incentives up to $92,000, the company would have to stay in Dublin and create 20 new jobs by the end of 2019.
An agreement with Persistent Systems would bring the India-based software company to the Midwest.
If the company signs a five-year lease in Dublin and creates 30 new jobs, it could get as much as $26,000 in income-tax withholdings.
For the full story, read the July 4 edition of the ThisWeek Dublin Villager.