The tech sector continues to grow in Buffalo, New York, as Rural Sourcing Inc. revealed its plans for a software development center downtown. New York State Governor Kathy Hochul recently announced Rural Sourcing Inc.’s plans for the project, including the creation of 150 new jobs, pay of an alleged salary of $80,000 per person, and that the hiring process would begin immediately.
"We welcome Rural Sourcing to Buffalo's growing innovation economy," remarked Hochul of the announcement. "The company is creating high-quality jobs and new technology corridors across the country and we are proud that it has added Buffalo as its newest location to provide technology solutions and resources. In the midst of the company's major growth cycle, Buffalo offers an impressive IT ecosystem, workforce and higher education advantages, as well as low operating costs and high quality of life benefits."
With the jobs just announced, the search for a 15,000 square foot permanent office space continues for Rural Sourcing, though a temporary location will be established to launch the one hundred fifty new careers as soon as possible.
"Buffalo is a great city with a rich history,” Monty Hamilton, CEO of Rural Sourcing, commented. “It is important for us to locate areas with a high quality of life where we can recruit top talent in the region. The focus and investment in STEM education at the middle and high school levels, as well as the state's overall investment in software development talent, make it a great location for us. The demand for our 'Scrum-as-a-Service' delivery model continues to grow among our Fortune 500 clients as well as for fast moving digital platform companies. Our plans are to create and fill 150 software engineering jobs in Buffalo to help meet this strong market need."
Rural Sourcing currently operates eight sites in the United States, boasting a one hundred percent U.S.-based delivery model, where it is committed to the creation of technology careers and the communities therein.
"Erie County's reputation as an excellent site to grow your business continues to attract companies, such as Rural Sourcing, who are looking to expand their operations while taking advantage of our world-class workforce and superior business atmosphere,” stated Erie County Executive Mark Poloncarz of the announcement. “This investment brings 150 new software jobs and shows that Buffalo and Erie County are serious contenders in the tech sector."
Rural Sourcing, backed by Bain Capital Double Impact, posted double digit growth in 2020, and since being founded in 2012 has sought out parts of the country that otherwise would not see such technologically forward opportunities.
"Technology companies are the present and especially future foundation of successful regional economies,” Invest Buffalo Niagara President & CEO Tom Kucharski said. “The desires of Rural Sourcing - top tech talent, support resources, a diverse and inclusive workforce, a growing young professional population, an active creative scene, operating affordability, and more - perfectly align with what Buffalo has to offer. We were thrilled to present the Buffalo business case, assist Rural Sourcing through the expansion process, and today welcome them to our community."
For the creation of these one hundred fifty jobs, Empire State Development (ESD) plans to provide Rural Sourcing with up to $3.4 million in Excelsior jobs tax credits.
"In today's digital economy, Rural Outsourcing is a leader looking to further scale its national footprint and digital service offerings,” said Empire State Development Chief Operating Officer and Executive Deputy Commissioner Kevin Younis. “We're proud that Rural Outsourcing chose Buffalo, with its diverse and talented workforce, as its newest tech hub."
As more jobs continue to open up in the Western New York area, growth for the region looks promising as the winter months close in.
"Rural Sourcing's selection of the City of Buffalo for its newest software development center is further evidence of Buffalo's growing tech economy,” Buffalo Mayor Byron W. Brown noted. “The company's plans to put down roots here in Buffalo and hire 150 local residents, with outreach to our immigrant and refugee communities for these extremely well-paying jobs, is fantastic news. I'm pleased Rural Sourcing's temporary center will be located in downtown Buffalo and am hopeful the company will find a permanent home in our downtown. I thank Governor Kathy Hochul and Empire State Development, and Invest Buffalo Niagara for their roles in bringing Rural Sourcing to Buffalo."