For Immediate Release
June 17, 2016
Fifty Companies Honored for Leadership, Innovation, and Drive
Denver, CO – Now in its eighth year, Colorado Companies to Watch announces its 2016 award winners, honoring 50 second-stage companies from across the state for their remarkable innovation and economic impact. Chosen from over 1,000 nominations, winning companies represent a broad range of industries and are recognized for their success and potential for growth, community involvement, philanthropy and corporate culture.
“Second-stage companies are critical job creators, innovators, and drivers of our economy,” said Sean Nohavec, CCTW Chairman of the Board and Senior Vice President, Platinum Sponsor UMB Bank. “Too often their incredible contributions to our state are overlooked. We are pleased to bring deserving recognition to these truly impactful organizations.”
The combined impact of the 2016 Colorado Companies to Watch winners is significant:
- In 2015 the 50 winners employed 1,913 FTEs (full-time employees) and are expecting to create 380 new jobs in 2016.
- In 2015 the 50 Winners did $503 million in combined revenue and are expected to earn $679.9 million in 2016.
2016 Colorado Companies to Watch:
About Colorado Companies to Watch
Colorado Companies to Watch, presented by CapitalValue Advisors, is an awards program honoring second-stage companies headquartered in the state of Colorado. The 350 companies that have been honored since the program’s inception demonstrate high performance in the marketplace or exhibit innovative products or processes. The program is designed to seek businesses from a wide range of industries throughout the state, not just the major metropolitan areas. The 50 companies selected each year make an astounding impact on Colorado’s economy by collectively providing thousands of jobs and contributing millions of dollars in revenue. The Colorado Office of Economic Development and International Trade (OEDIT) launched the program in 2009 in conjunction with the Edward Lowe Foundation and valuable community partners from across Colorado.
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