Utah's Fastest-Growing Startups Recognized
About fast growing companies that have existed for only 5 years and become the top 25 preformers.
- Provo-Orem, UT (1888PressRelease) July 09, 2010 - The Utah Valley Entrepreneurial Forum (UVEF) today announced the winners of its 2010 "Top 25 Under Five" Awards, spotlighting outstanding Utah entrepreneurs and start-up companies. Award recipients were recognized today at ceremonies held at the Provo Novell Campus. Omniture, Silicon Slopes and InnoVentures sponsored the event. UVEF recognized Agel Enterprises (www.agel.com), a nutritional supplement supplier, as the number one performer among Top 25 nominees.
"The first five years are the most challenging for a new startup," said UVEF 2010 chairman John Pilmer. "These companies not only demonstrate impressive growth in these early years, but do so during the greatest recession of our lifetime. If these companies can excel in a down economy, we can't wait to see what they do in a recovery."
David Bradford, Chairman of Fusion-io, emceed the ceremony. Fusion-io is a rapidly rising star on the tech landscape of Utah, where Bradford has pioneered over the past two decades. He praised all finalists for their entrepreneurial spirit and contributions to Utah's business community.
"These companies prove to the business community that Utah entrepreneurs continue our state's remarkable history of entrepreneurial leadership," Bradford said. "New business startups here remain a strong and thriving force in the development of our local and national economy."
This year's other award recipients are Imagine Learning, Local Results, High West Distillery and Saloon, FundingUniverse, SEO.com, Simply Mac, FamilyLink.com, Entice Labs, Pounders Hawaiian Island Grill, Jive Communications, Campus Book Rentals, Kynetx, Parallel HR Solutions, Zoobies, Franchise Foundry, ILLUMRA, Snapp Conner PR, Appigo, CFOwise, Lumos, Xcelus, Fiftyfilms, Qualified Address and Izatt International. Nominations were judged on revenue growth and job creation.
This is UVEF's eleventh Top 25 Under Five competition. UVEF has highlighted the development of more than 200 individuals and their companies through the ceremony, including Utah success stories like Omniture, Skullcandy and Xango, among many others.
The Utah Valley Entrepreneurial Forum (UVEF) is a volunteer non-profit support group linking entrepreneurs to Money, Markets, and Mentors. Celebrating 21 years of new business success, UVEF empowers current and future business leaders to thrive in today's competitive market. We provide real-world, practical education and valuable resources on how to access needed capital, attract new customers and tap into industry experts. For information on upcoming meetings, speakers and exclusive membership benefits visit www.uvef.net.
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