Broadjam.com Selected For "Wisconsin Companies To Watch" Award

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Broadjam.com, a social media website focused on indie musicians and music fans, has been selected for the "Wisconsin Company to Watch" award.

Broadjam.com (http://www.broadjam.com) has been recognized as one of the thirty 2010 "Wisconsin Companies to Watch," an awards program presented by the Wisconsin Entrepreneurs' Network (WEN) with support from the Wisconsin Department of Commerce and the Division of Entrepreneurship and Economic Development (DEED) at the University of Wisconsin-Extension in association with the Edward Lowe Foundation. Winners were selected by judges from the banking, economic development, entrepreneurial and angel communities.

Says Commerce Secretary Richard J. Leinenkugel, "I'm pleased that we could join the Wisconsin Entrepreneurs' Network in recognizing these dynamic, innovative companies. I'm confident that we will be watching and benefiting from their achievements in the years to come."

Broadjam will be honored at an awards ceremony during the inaugural Wisconsin Companies to Watch gala on April 13, 2010, at the Monona Terrace Community and Convention Center in Madison.

"We are honored to accept this award, and proud to be a part of the Wisconsin business landscape," says Broadjam CEO and founder, Roy Elkins. "Being recognized by the Wisconsin Entrepreneurs' Network, and to be included in the list of Wisconsin Companies To Watch, is truly humbling."

Broadjam.com is a social media website focused on indie music and musicians. The site features free music promotion for bands and musicians as well as free, legal MP3 downloads for fans. Artists can also enter contests hosted by Broadjam, find music licensing opportunities, and sell their music at one of the highest per-song rates on the Internet. The company also offers hosting services focused on musicians and distribution opportunities through other online channels. Broadjam currently has over 100,000 artists in 190 countries

Companies making it to the Wisconsin Companies to Watch list are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the back-bone of Wisconsin's economy. Representing all regions of the state and a diverse range of industries, companies like Broadjam are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage.

Support for Wisconsin Companies to Watch is generously provided by the Wisconsin SBDC Network, Madison Gas and Electric, Kenosha Area Business Association, Thrive and Reinhart Boerner Van Deuren SC. Additional services are provided by Wisconsin Economic Development Association and BioForward.

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Jeff Muendel
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