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2015 Aggie 100 List Is Announced

From the Mays Business School at Texas A&M University:

Mays Business School’s Center for New Ventures and Entrepreneurship at Texas A&M University celebrated Friday the recipients of the 11th Annual Aggie 100, honoring the fastest growing Aggie-owned or Aggie-led businesses.

The honorees were recognized by more than 700 attendees at today’s luncheon held at The Zone Club at Texas A&M University’s football stadium, Kyle Field. This year’s list recognizes 32 companies in the architecture, engineering, and construction industry. These entrepreneurs prove that despite recent economic challenges, nothing can hold back hard-working Aggie entrepreneurs.

With an average revenue of $2,126,186,333, MODA Inc., of Portland, Ore., was named this year’s Aggie 100 Summit Award recipient. The Summit Award is presented to the Aggie company with the highest three-year average revenue (2012-2014).

The Top 10 companies on the Aggie 100 list combined to grow more than 1,505 percent in the past two years with the top company, Empact IT of Houston, experiencing a compound annual growth rate of 253 percent from 2012 to 2014. The complete Aggie 100 list can be found at www.aggie100.com.

“As we enter our second decade honoring business excellence with the 11th Annual Aggie 100, we reflect on all the Aggie businesses that came before and look forward to the future success of Aggie entrepreneurs to come. From agriculture to technology and everything in between, this year’s list signifies that, no matter your background, the Aggie entrepreneurial spirit is alive and thriving,” said Richard H. Lester, Executive Director of the Mays Business School’s Center for New Ventures and Entrepreneurship. “Our sense of entrepreneurial pride swells each year, as we recognize how successful businesses can become by keeping the Aggie Code of Honor at the heart of everything they do.”

The Aggie 100 focuses on growth as an indicator of job creation, product and service acceptance, and entrepreneurial vision. Those companies on the Aggie 100 list were selected based on compound annual revenue growth rate for the 2012 to 2014 period. In all, companies from nine states were honored at the event. The oldest company earning a spot on the list was founded in 1936.

Click HERE to read and download the Aggie 100 list.

Click HERE to read and download details of the 2015 Aggie 100 Summit Award recipient.

From the Aggie 100 website:

The Aggie 100 identifies, recognizes and celebrates the 100 fastest growing Aggie-owned or Aggie-led businesses in the world. The Aggie 100 not only celebrates their success, it also provides a forum to pass lessons to the next generation of Aggie entrepreneurs.

The Aggie 100 was created by Mays Business School’s Center for New Ventures and Entrepreneurship (CNVE). CNVE provides encouragement, education, networking and assistance to entrepreneurially-minded students, faculty and Texas businesses.

The CNVE hosted its inaugural Aggie 100 award ceremony in 2005, honoring the 100 fastest-growing Aggie-owned or -led companies around the globe. From meager beginnings with just more than 100 companies vying for an award, the Aggie 100 recently celebrated its 10th Anniversary by receiving more than 250 company applicants (led by graduates from every college on campus), and hosting a campus award luncheon with more than 700 business leaders from 7 different states, 3 countries, and representing more than 8,300 Aggies employed. The Aggie 100 is now being copied by a number of other top universities, including Louisiana State University (“Tiger 100”), the University of Florida (“Gator 100”), the University of Georgia (“Bulldog 100”), Florida State University (“Seminole 100”) and the University of Houston (“Cougar 100”), and others.

CNVE solicits nominations from around the world through the Aggie Network. Nominated companies are asked to provide high-level information about their company so that we may rank the nominees and identify the 100 fastest growing companies. The nominated companies are ranked by percentage of compound annual growth in sales or revenues (net of returns), over a two-year period (For this year’s program, 2012 to 2014). The 100 fastest growing organizations will be named to the 2015 Aggie 100.

Aggie 100 Recognition

To celebrate the success of our Aggie 100 companies, representatives of each company will be invited to campus for an exclusive networking reception, an awards luncheon and other special events in October. At the awards luncheon, each company will be individually recognized and presented with a trophy commemorating their designation as a member of the 2015 Aggie 100. Last year, approximately 700 people, including more than 100 students and many university dignitaries, attended the luncheon. As well, the November/December 2015 issue of the Texas Aggie magazine will include a feature article about the program as well as a list of all 100 honored companies.

Criteria

To be considered for the 2015 Aggie 100, nominated companies must complete the online application form and submit supporting information to PKF Texas, an independent accounting firm, who will compile the results. In summary the program criteria include:

Company Size and Longevity

The Company must meet both of the following criteria:

Have been in business for 5 years or more as of June 30, 2015, and

Have had verifiable revenues of $250,000 or more for calendar year 2012.

Aggie Leadership*

The Company must meet one or more of the following three criteria:

A Texas A&M University former student or group of former students must have owned 50% or more of the company from January 1, 2012 through December 31, 2014, or

A Texas A&M University former student must have served as the Company’s chief executive (for example chairman, CEO, president or managing partner) from January 1, 2012 through December 31, 2014, or

A Texas A&M University former student must have founded the company and been active as a member of the most senior management team from January 1, 2012 through December 31, 2014.

Company Character

The Company must operate in a manner consistent with the Aggie Code of Honor and in keeping with the values and image of Texas A&M University.

Nominated companies are asked to provide high-level information about their organization so that the compounded annual growth rate can be calculated. The 100 fastest growing companies, using a compounded annual growth rate (CAGR) calculation,will be named to the 2015 Aggie 100.

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Posted by on Oct 23 2015. Filed under Featured Stories, News.
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