Concept Technology Inc. Named to 2016 Inner City 100 by Fortune Magazine and ICIC
[vc_row][vc_column][vc_column_text]Did you hear? For the fifth time, we’ve been named to the Inner City 100, a list of the fastest-growing inner city businesses in the United States! Concept Technology ranked 68th on this year’s list.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][wproto_quote text=”We’re honored to once again be named among the other businesses making an impact in our country’s inner cities, and to be one of two in Nashville to be included. Our continued recognition on the Inner City 100 list is proudly attributed to the hard work of our team, for all of our clients.” author=”James Fields, President, Concept Technology Inc.”][vc_column_text]
The Inner City 100 list, compiled by Fortune and the Initiative for a Competitive Inner City (ICIC), selects high-power, high-potential businesses from around the country with headquarters in inner cities. Each company is selected by ICIC with help from a national network of nominating partners who seek to identify, spotlight, and further enable the named companies’ innovative urban entrepreneurship. Businesses must have at least 10 full-time employees, a five-year operating sales history and current revenues of at least $1 million.
“We are extraordinarily proud of these pioneering entrepreneurs who lead the way in economic revitalization in America’s inner cities,” says Steve Grossman, CEO of ICIC, of the list of 100.
Highlights of the 2016 Inner City 100 include:
- Employ 7,324 workers total in 2015.
- Created 4,696 new jobs in the last five years.
- On average, 34% of employees live in same neighborhood as the company.
- Average company age is 16 years.
- Average 2015 revenue is $12.2 million.
- 34% are women-owned.
- 37% are minority-owned.
- 6% of the winners are certified B-Corps.
- 26 industries represented in the top 100.
To view the full list of winners, visit Fortune.com.