Monday, May 23, 2011

Local Firm Scores in Top 100

The Initiative for a Competitive Inner City and Fortune Magazine released the 2011 Inner City 100 list of the fastest-growing inner city companies in the U.S. SiteCrafting, Inc. from Tacoma, Washington ranked 51 on this year’s list.

The Inner City 100 program recognizes successful inner city companies and their CEO’s as role models for entrepreneurship, innovative business practices and job creation in America’s urban communities. The full list can be viewed here.

The rankings for each company were announced at the Inner City 100 Awards Dinner on Thursday, May 12, 2011 in Boston, MA. Winners attended a two-day event featuring seminars for Inner City 100 owners and managers at Harvard Business School, a procurement symposium and an awards gala that drew more than 500 guests.

The Inner City 100 list provides unmatched original data on the fastest growing inner-city businesses in the U.S. In the last 13 years, 661 different companies have earned positions on the Inner City 100, collectively generating more than $2.2 billion in annual revenues and creating nearly 70,000 new jobs. Chevron Corporation, Staples Foundation and Goldman Sachs are long-time sponsors of the program.

For the 2011 list, a record number of two thousand nominations were received. Winners represent a wide span of geography, operating in 51 cities and 32 states.

“We are delighted to celebrate businesses like SiteCrafting that are playing a critical role in revitalizing America’s urban communities. Through their achievements, the Inner City 100 winning companies exemplify America’s remarkable potential and the future of our urban centers,” Mary Kay Leonard, ICIC president and CEO. “These extraordinary companies demonstrate the market possibilities that exist within our inner cities and the growth that is at the heart of all urban entrepreneurial successes.”

SiteCrafting President Brian Forth said, “SiteCrafting is thrilled to have been named to the Inner City 100 list for the second time. It is an honor to be listed with some of the most innovative and creative companies in America. Each Inner City 100 company has an unbelievable story of perseverance and courage. This list is proof that the American dream is alive and well.”

SiteCrafting is a website design and web application development company that specializes in custom web based solutions for mid- to large-size businesses, counties, and municipalities. The company’s goal is to ensure its clients get the tools and technology they need to work most efficiently. The company has been headquartered in Tacoma since 1995 and has satellite offices in Seattle and Spokane.

To qualify for the Inner City 100 list, companies were required to have:

  • at least 51 percent of their operations located in an economically distressed urban area;
  • have at least 10 full-time employees;
  • and a five-year operating sales history that includes at least $200,000 in revenues in the first year of consideration:
  • an increase in year five sales over year four sales;
  • and fifth-year sales of at least $1 million.