FOR IMMEDIATE RELEASE
Nominations and Applications Open for Business Awards Program
INDIANAPOLIS, Ind. (Feb.20, 2014) – Lt. Governor Sue Ellspermann announced that nominations and applications now being accepted for the seventh annual Indiana Companies to Watch awards program, highlighting some of the state’s most impressive second-stage growth companies. A second stage business is not merely surviving, but in the rapid growth stage.
Presented by the Indiana Office of Small Business and Entrepreneurship (OSBE) and its Indiana Small Business Development Centers (ISBDC), the Indiana Economic Development Corporation (IEDC), and endorsed by the Edward Lowe Foundation, the Indiana Companies to Watch awards recognize privately held Indiana businesses that have experienced exceptional growth or are well positioned for future growth. Eligible companies must have six to 150 full-time employees and have generated between $750,000 to $100 million in annual revenue or capital.
“The Indiana Companies to Watch program highlights high-growth Hoosier businesses that make a significant positive and measurable impact on the Indiana economy,” said Lt. Governor Ellspermann. “These businesses not only tell the story of Indiana’s diverse economic landscape, but also show the innovation our businesses exhibit. We look forward to recognizing this year’s deserving companies.”
Jacob Schpok, director of the Indiana Office of Small Business and Entrepreneurship, explained that anyone may nominate an eligible business or apply for the awards by completing the online application forms at www.inctw.org. A panel of judges will select companies to receive this award based on factors including past growth, projected success, innovation, technology application, company culture, and community involvement. Nominations will be accepted through March 29th. Nominees must complete applications by April 16th. Companies may also bypass the nomination process and directly submit an application.
“We are excited to continue our sponsorship of Companies to Watch, which recognizes the lifeblood of Indiana’s economic development—namely, second-stage companies known for rapid growth, superior performance, visionary leadership, and commitment to Indiana,” said James Sweeney, Partner at Barnes & Thornburg.
Winners of the awards will be recognized during an awards dinner on August 20th at the Indiana Roof Ballroom in Indianapolis.
Companies to Watch® and the Companies to Watch® Logo are trademarks of the Edward Lowe Foundation, founder and creator of the Companies to Watch® program.
Under the leadership of Lt. Governor Sue Ellspermann, the Indiana Office of Small Business and Entrepreneurship (OSBE) oversees the Indiana Small Business Development Center (ISBDC), the Procurement Technical Assistance Center (PTAC), and the Indiana Small Business Ombudsman. The OSBE staff helps grow the Indiana economy by assisting entrepreneurs and small businesses through programs and personal consultation. For more information on OSBE and to see how Indiana is “the state that works” for entrepreneurs visit www.osbe.in.gov.
About the ISBDC
The ten Indiana Small Business Development Centers (ISBDC) support the formation, growth, and sustainability of Indiana’s small businesses by providing entrepreneurs expert guidance and access to a network of resources. Funding for the regional ISBDCs comes from state universities, chambers of commerce, economic development offices, mayor offices, and banks. Statewide financial support is provided by U.S. Small Business Administration, the State of Indiana and Ivy Tech Community College. Administratively, the ISBDC Lead Center is operated by the Office of Small Business and Entrepreneurship (OSBE), an agency of the Office of Lt. Governor Sue Ellspermann. To learn more about the ISBDC and to become a client visit: www.isbdc.org.
About Indiana Companies to Watch
Indiana Companies to Watch is an awards program celebrating second-stage entrepreneurs presented by the Office of Small Business and Entrepreneurship, its Small Business Development Center, the Indiana Economic Development Corporation and endorsed by the Edward Lowe Foundation. A second stage business is not merely surviving, but in the rapid growth stage. Sponsors include the Barnes & Thornburg, Katz Sapper & Miller, Key Bank and Ivy Tech Corporate College.
Erik Scheub (OSBE) – 317.232.5679 or email@example.com