We’re thrilled to announce that the Initiative for a Competitive Inner City (ICIC) and Fortune magazine announced today that Concept Technology has been named to the 2012 Inner City 100, a list of the fastest-growing inner city companies in America. We ranked 53rd on the list.
To be considered for the Inner City 100, a majority of a company’s operations must be located in an economically distressed urban area, which is defined as having 50% or higher unemployment, 50% or higher poverty and 50% or lower median income than the metropolitan statistical area. Businesses must also have at least 10 full-time employees, a five-year operating sales history and current revenues of at least $1 million.
We love being located on Music Row, a historic, culturally and business rich area in Nashville. More importantly, we couldn’t operate our business from the suburbs because a large part of being an IT service provider is computer and technical support. Our engineers have to be able to respond to clients’ emergencies within 30 minutes, and often that means traveling to their places of business. If we weren’t centrally located, we wouldn’t be able to provide the same quality of service. It’s that simple.
You can check out the complete list of winners here.