“The Aggie 100 demonstrates the leadership and work ethic Texas A&M instills in its Former Students,” said Dr. Richard H. Lester, Executive Director of the Mays Business School’s Center for New Ventures and Entrepreneurship.
College Station (PRWEB) October 22, 2010
These entrepreneurs proved that challenging economic times cannot hold back these hard working Aggie entrepreneurs. The Mays Business School’s Center for New Ventures and Entrepreneurship at Texas A&M University announced the recipients of the 6th Annual Aggie 100, honoring the fastest growing Aggie-owned or Aggie-led businesses. The honorees were recognized by more than 600 attendees at a luncheon held at The Zone Club at Texas A&M’s Kyle Field.
The Top 10 companies on the Aggie 100 list combined to grow over 1,048 percent in the past two years with the top company, Caltex Energy Inc. of Calgary, Alberta experiencing a compound annual growth rate of 224 percent from 2007 to 2009. The complete list can be found at http://www.aggie100.com (and is attached).
The Top 10 Aggie 100 companies included:
1. Caltex Energy Inc. Calgary, Alberta 224.07%
2. republic landscapes College Station, TX 127.45%
3. Brazos Technology College Station, TX 114.02%
4. Opportune LLP Houston, TX 105.69%
5. Improving Enterprises Inc. Dallas, TX 93.56%
6. Monico Monitoring, Inc. Spring, TX 92.05%
7. Employer Flexible Houston, TX 79.37%
8. Salvaggio, Teal & Associates Austin, TX 73.37%
9. Internet Contrasts Company Helotes, TX 71.09%
10. iSpeak, Inc. Round Rock, TX 67.46%
“The Aggie 100 demonstrates the leadership and work ethic Texas A&M instills in its Former Students,” said Dr. Richard H. Lester, Executive Director of the Mays Business School’s Center for New Ventures and Entrepreneurship. “We are extremely proud that our Aggie 100 proves that good businesses can and do continue to grow throughout challenging economic times while staying true to the Aggie Code of Honor.” (The Aggie Code of Honor: Aggies do not lie, cheat or steal or tolerate those who do.)
The Aggie 100 focuses on growth as an indicator of job creation, product and service acceptance, and entrepreneurial vision. The Aggie 100 were selected based on compound annual revenue growth rate for the 2007 to 2009 period. In all, companies from six states and three countries were honored at the event. The oldest company earning a spot on the list was founded in 1955.
About The Center for New Ventures and Entrepreneurship
The Texas A&M Center for New Ventures and Entrepreneurship (CNVE) provides encouragement, education, networking and assistance to entrepreneurially-minded students, faculty and Texas businesses. Founded in 1999, CNVE is part of Mays Business School's Department of Management. CNVE enhances student education through campus speakers, competitions, work experiences and financial support. The Texas A&M faculty and Office of Technology Commercialization benefit from CNVE's educational programs, extensive business community network and the entrepreneurial services.
CNVE also reaches out to the state's business community offering educational programs, business assistance and access to University resources. In addition to the Aggie 100, one of CNVE’s key programs is the Entrepreneurship Bootcamp for Veterans with Disabilities – an intense training for veterans interested in starting a business. CNVE is supported by corporate and individual members and sponsors who believe in the value of an entrepreneurial education program and the value of Texas businesses working with Texas A&M University.