The Topps Company, Inc.  (Topps)  is a New York based manufacturer and retail distributor of trading cards and confectionary and a creator of digital applications. Topps Digital APPS, a division of the Topps Company, Inc., is expanding the digital games division of the company and is seeking to expand its Orlando studio for the digital production of sports mobile games.

If the Qualified Target Industry (QTI) program incentive is made available to the company, Topps  will create 16 new-to-Florida jobs by December 31, 2018, paying an annual average wage of $87,778, which is at least 200% of the Orange County annual wage. The average value of benefits that will be available to employees is $18,000, which includes health insurance, 401(k) contributions and paid vacations and paid sick leave.  Topps’s total capital investment is estimated to be $339,000 in construction and equipment.   In addition to the City of Orlando, the company is considering expanding their New York office.

The State of Florida will provide a total of $112,000 to Topps under the QTI program, which includes the City's local financial support. City staff proposes to provide the local 20% QTI match, up to $1400 per job created, paying an average annual wage of $87,778. Under this arrangement, the City of Orlando would provide $22,400 as an incentive over a six-year period. 

The City of Orlando will benefit through the creation of 16 positions over the next three (3) years and the likelihood of continued job growth and investment well beyond this time frame. Florida's Qualified Target Industry Program includes strict accountability requirements of the applicant. The pledge of funds pursuant to this resolution shall be contingent upon Topps being qualified by the State of Florida as a QTI Program participant, meeting its job and wage obligations under the program and future budget appropriations by the Orlando City Council.