FLINT, MI - A software development company based in Fenton is moving its headquarters to the Dryden Building in downtown Flint.
iSource Worldwide, LLC created cloud-based web-to-print known as PrintSites, according to a news release from the Michigan Economic Development Corporation. The company's rapid growth at its location at 240 N. Fenway Dr. forced it to move its headquarters.
The $2.65 million investment in collaboration with SkyPoint Ventures will create up to 100 jobs, the statement said. iSource received a $500,000 Michigan Business Development program grant and a $2.5 million loan for the project..
The company chose downtown Flint over competing sites in California, Arizona and Illinois because it wanted to be a part of Flint's revival and to encourage other technology projects to move to the city, the statement said.
"Moving iSource headquarters to Flint at such a critical time in the city's history provides a unique opportunity to be a catalyst to help Flint grow into the next Michigan 'Tech-Town' by bringing strong tech jobs of varying skill levels," Rick Rockman III, CEO, iSourceWorldwide, LLC, said in a statement. "I believe the potential for positive change is there, if we each do our part."
The move downtown and plans for 100 jobs over the next two years will make iSource the fourth-largest employer downtown behind University of Michigan-Flint, FirstMerit and Rowe Professional Services, according to the Flint & Genesee Chamber of Commerce.
Jobs at iSource will include those in the call center, technical support, sales support, inbound and outbound sales associates, developers, IT workers, a bookkeeper and a paralegal worker, Knox said.
“Together, we’ve put in hundreds of man hours and over $5 million of our own funds,” Bryce Moe, managing director of SkyPoint, previously said. “But more than that, our shared passion and desire to ensure that Flint’s downtown continues its revitalization through innovative companies and entrepreneurial spirit has resulted in an extraordinary partnership that will continue to flourish here.”