Cisco to Open Talent and Collaboration Center
Building on what already is a strong pipeline of talent among Georgia colleges and universities, Cisco has announced that it will invest up to $41 million to open a Talent and Collaboration Center in the Coda building in Midtown Atlanta.
Cisco, a FORTUNE 100 company and worldwide leader in technology that powers the Internet, currently employs more than 1,000 Georgians across the state. The expansion project is expected to open in the summer of 2022, leading to the creation of up to 700 jobs in the metro region.
According to Cisco Chief Financial Officer Scott Herren, the company’s growth plans are guided by its purpose to power an inclusive future for all. “This means building a workforce that is truly reflective of the world we live in,” said Herren. “Building on our deep roots in Georgia, we can’t wait to open our doors and begin hiring, and building that pipeline of diverse talent, while offering family-sustaining wages.”
For the last two years, Atlanta has ranked as the No. 1 Tech Hub by Business Facilities, and it continues to outpace the national average in both attracting and educating tech talent. Cisco will be tapping that talent, hiring in a variety of areas and skillsets, including engineering, customer experience and finance. Career opportunities also will be available to students and those early in their careers, as well as to more experienced professionals.
“Atlanta’s skilled, diverse talent base and welcoming business environment make the city an ideal location for leading global companies to grow,” said Atlanta Mayor Keisha Lance Bottoms. “This significant investment from Cisco will provide good job opportunities for residents while expanding Atlanta’s technology sector.”
Capital on Tap to Open U.S. Headquarters in Atlanta
U.K.-based Capital on Tap, an award-winning FinTech and payments company, will open its official U.S. headquarters in Atlanta to support its continued expansion in the U.S. The company plans to create approximately 50 new jobs by the end of 2021 and an additional 100 jobs by the end of 2022.
Headquartered in London, Capital on Tap currently has an Atlanta office in Ponce City Market where it has grown to 15 people. The company is already outgrowing that space after moving into it during summer 2021 and is searching for a new Atlanta location.
According to Zoe Newman, U.S. managing director for Capital on Tap, the company selected Atlanta as its U.S. headquarters because of its reputation as a FinTech and payments hub. “There is a depth of talent and experience here that will be invaluable to our continued hyper growth in the U.S.,” said Newman. “The local universities in and around Atlanta provide an incredible recruiting ground for us to build our business. The growth that we have seen with the U.S. launch has been incredible–showing that the credit card is addressing a real market need for small businesses across the country.”
The United Kingdom, in fact, has been one of the most important markets for international investment in Georgia, leading to the creation of tens of thousands of jobs across the state. Capital on Tap is currently hiring for positions in customer operations and compliance. It also plans to begin hiring for careers in digital marketing, engineering, and others as it expands.
“Seventy percent of financial transactions on a global scale pass through companies in Georgia, which makes Atlanta a logical fit for Capital on Tap’s U.S. headquarters,” said Dr. Eloisa Klementich, president and CEO of Invest Atlanta. “We are proud to welcome Capital on Tap to the city, where they will benefit from access to top talent, global connectivity through the Atlanta airport, and the welcoming, international business community the city offers.”
Capital on Tap is focused on making the lives of small- and medium-sized business owners easier through the Capital on Tap business credit card, issued by WebBank. It aims to provide access to more than $2 billion in funding to businesses across the United States over the next 18 months.