The homegrown Manatee County technology business is moving into larger quarters, adding employees.
BRADENTON – MTech MDM, a homegrown Manatee County mobile technology business, is expanding its headquarters in the Bradenton area and plans to create 46 new jobs over the next five years, according to Sharon Hillstrom, president and chief executive officer of the Bradenton Area Economic Development Corp. (EDC).
Founded in 2012 as a mobile device repair company serving consumers, MTech introduced MTech MDM in 2015 to provide businesses with comprehensive managed services for mobile devices. The company’s services include provisioning, call center, repair, asset, and life cycle management.
Currently based in Lakewood Ranch with 18 employees, MTech MDM will relocate and expand its headquarters and repair center into a new facility in SRQ Commerce Park in South Manatee County in 2016. The company also has a repair center in Jupiter, Florida.
“MTech is an entrepreneurial business that started in Manatee County and has successfully identified growth opportunities in mobile IT,” said Hillstrom, whose team assisted the company in applying for Manatee County Government economic development incentives. “MTech MDM’s headquarters expansion is consistent with the Bradenton Area EDC strategic plan, and the company’s job creation will help further diversify our local economy.”
“MTech has experienced exponential growth providing mobile device repair services for consumers, and we recently expanded our mobile device services to businesses and enterprises,” said Tony Fernandez, MTech MDM president and chief executive officer. “We are positioning the new location to showcase our services and mobile software security solutions.”
The company decided to expand in Manatee County because of local relationships and business-related community assets such as available housing and the cost of living. MTech MDM works closely with Manatee Technical College on curriculum development related to mobile IT and provides internships to MTC students. The company also works with the University of South Florida Sarasota-Manatee and Keiser University to develop and recruit talent.
“We have established great relationships with schools, businesses, network organizations, community and government agencies that have been extremely supportive in helping our company get established,” Fernandez said. “The technical schools have helped us develop a stream of qualified students to support our growth.
“Additionally, local housing and the cost of living have enabled us to recruit and relocate key team members,” he said. “Local developers are providing us with an amazing facility that will enable us to showcase our mobile services, further enabling our growth while supporting our culture and brand. Plus, it’s not hard to get our customers to come and visit us in Florida.”
MTech MDM’s expansion qualified for a Manatee County Government economic development incentive grant of $46,000 if the company creates 46 new jobs over five years at a wage that is 15 percent higher than the county average. The company also qualified for expedited permitting for its facility.
“MTech MDM is a local success story, and the Manatee County Board of Commissioners recognizes the company’s job-growth potential, as well as its community involvement as a partner in technical training and education in the region,” said Ed Hunzeker, Manatee County administrator. “By judiciously applying economic development incentives, the Board of County Commissioners is helping to foster a more diverse economy to support a desirable quality of life for county residents.”
Manatee County offers several incentives to businesses wishing to relocate or expand in the community. A list of Manatee County’s economic development incentives is available at www.mymanatee.org/econ_dev.
About the Bradenton Area Economic Development Corp.
The Bradenton Area EDC is the lead economic development organization for the Bradenton area’s nine communities located on the south side of Tampa Bay. The EDC works to diversify the local economy by attracting and retaining high-wage jobs for area residents, and connecting existing businesses to the resources they need to succeed. Information: ThinkBradentonArea.com.
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This release may be found on the EDC website at http://www.thinkbradentonarea.com/News-Media/News-Articles/Fast-growing-Mobile-Tech-Startup-MTech-MDM-Expands.aspx