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Subsidy Tracker Individual Entry

Company: Momentum NA Inc.
Parent Company: Interpublic
Subsidy Source: state
Location: Louisiana
City: New Orleans
County: Orleans
Address: 600 Decatur Street
NAICS Industry Code: 541810
Project Description: Gumbo Live is ournew talent incubator& training hub / thinktank. High potentialmarketingprofessionals arerecruited and hired inGumbo Live in NewOrleans, where theywill be trained andwork on actual clientassignments for theorganization. Weexpect each personto stay between 18and 24 months atGumbo Live, afterwhich they will betransferred to anotherlocation, and bereplaced in NewOrleans with a newhire for the program.Momentum is aleading marketingagency organizationwith over 800employees in NorthAmerica and over1400 employeesworldwide.
Year: 2013
Major Industry of Parent: miscellaneous services
Specific Industry of Parent: advertising
Subsidy Value: $363,127
Program Name: Quality Jobs Program
Awarding Agency: Commerce & Industry Board
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 15
Wage Data: $6,052,113
Wage Data Type: new ten-year payroll
Source of Data: (click here)
Notes: Subsidy value is sum of estimated tax credits and ten-year payroll rebate. Jobs figure is number of new permanent positions.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.