Powderkeg and CLA Join Forces Nationally
As more people flee Silicon Valley to areas like Charlotte, Denver, Indianapolis, Minneapolis, Pittsburgh, Raleigh and others, Powderkeg and CLA are teaming up to accelerate the connection between technology companies, employees and communities

(INDIANAPOLIS – Aug. 14, 2019) Powderkeg, a digital community for tech companies, investors, and professionals located between the coasts, today announced a national plan to join forces with CLA (CliftonLarsonAllen), a professional services firm and the eighth largest accountancy firm in the United States. The alliance will connect the fastest-growing companies outside of Silicon Valley with resources to grow businesses that are healthy within their culture, in their communities, and on the balance sheet.

Powderkeg is a community-powered marketplace that matches mid-senior tech professionals with the world’s most innovative companies. CLA exists to create opportunities for its people, its clients, and its communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services.

Tech jobs in the U.S. are on a steady growth curve, gaining an estimated 260,000 jobs in 2018. And, the average replacement rate for tech occupations from 2018-2026 is projected to reach approximately 7.5% annually by 2026, an average of nearly 600,000 workers each year. This only adds to the mounting pressure for employers to meet the tech talent needs. 

“Research shows that 85 percent of people are not emotionally engaged in their workplace. This is a sobering stat, but it presents a huge opportunity in the market,” said Matt Hunckler, CEO of Powderkeg. “When your company has a healthy bottom line, and you’re in a role that’s the right fit for you personally, everyone wins. CLA’s outsourced accounting and talent services will help companies in the Powderkeg community win in the marketplace.” 

Powderkeg’s focus on company culture is a result of the 2018 Tech Census study, which surveyed tech hubs in Colorado, Indiana, Ohio and Tennessee. Data across these markets showed that company culture is the number one reason why tech professionals join tech companies.

Working together, Powderkeg and CLA will give tech companies in cities like Charlotte, Denver, Indianapolis, Minneapolis, Pittsburgh and Raleigh access to exclusive content about talent acquisition and financial consulting to help them build better company cultures and stronger communities. 

“Tech and innovation are rapidly accelerating in areas outside Silicon Valley,” said Patrick Smith, Managing Principal of the Technology Industry at CLA. “We’re constantly looking to create opportunities for people in the tech community. Joining the Powderkeg network will allow us to help build healthier company cultures and offer more diverse career opportunities for professionals in tech.”  

Those interested in learning about the top-rated company cultures between the coasts can join the Powderkeg Tech Careers network at https://dev.powderkeg.com/tech-jobs.

About Powderkeg
With more than 10,000 active members in cities across the middle of the country, Powderkeg helps high-growth tech companies connect with the resources they need to grow in scale in areas beyond the coasts. The Member Platform connects tech professionals with a suite of resources to help them make their next career moves through curated connections with some of tech’s biggest players. For more information, visit Powderkeg.com.

About CLA
CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. With more than 6,100 people, 120 U.S. locations and a global affiliation, we promise to know you and help you.  For more information visit CLAconnect.com. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.