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Utah expects 650 new jobs in financial tech and lawn care after offering tax incentives to two companies

Related Topics: Financial technology

A Millcreek company that helps people arrange lawn maintenance online and a California financial technology firm that promotes business ownership received incentive offers of nearly $2 million on Thursday from state economic development officials.

The Governor’s Office of Economic Development board offered Palo Alto, Calif.-based Carta, which changed its name from eShares Inc. just this week, a post-performance tax credit rebate of up to $1.15 million if it creates 464 jobs in the next five years.

Carta expects to invest about $5.7 million in a new facility, whose location has not been finalized, and to generate $122.