Utah companies can now apply for the MWCN Utah 100 Fastest Growing Companies
As a participant of the MountainWest Capital Network’s Utah 100 for the past seven years, it’s always amazing to see how much the business players in Utah move around among the 100 fastest growing companies. Each year there are new companies in the 100 who have never been there, some that move up and down in the 100 for years and some that rank high in the 100 and then disappear completely.
2015 marks the 21st year MountainWest Capital Network (MWCN) will recognize the 100 fastest growing companies in Utah. Companies can apply now for the Utah 100 at http://www.mwcn.org/utah-100/.
Reed Chase, president of MWCN, says Utah companies are known for their innovation, growth and success throughout the country and the world and that the Utah 100 gives them a brief opportunity to celebrate their hard work.
“The Utah 100 shows the world what innovative companies here in Utah can accomplish,” said Chase. “We place the best and brightest Utah-based companies on center stage.”
During the past seven years six companies took the No. 1 spot as the fastest growing company in Utah:
- 2014 – Goal Zero
- 2013 – Radiate Media
- 2012 – Radiate Media
- 2011 – Lendio
- 2010 – Castle & Cooke Mortgage
- 2009 – MonaVie
- 2008 – Interbank FX
Companies are ranked in the Utah 100 based on their percentage of growth during the previous five years. Participants also must have had more than $50,000 in revenue during 2010, have five full years of operation and be a for-profit Utah-based corporation, limited liability company, or partnership.
For companies that don’t quite make the cut for the Utah 100, MWCN also recognizes the Emerging Elite – companies that show great promise for growth and success. To be considered for the Emerging Elite a separate application form is required found at http://www.mwcn.org/emerging-elite-application/.
Emerging Elite companies must also be a for-profit Utah-based corporation, limited liability company or partnership, have a minimum of two years of operating history, and have had a minimum of $50,000 in total revenues in fiscal 2013.