Inc 500
August 24, 2008
The annual Inc 500 list of the fastest growing private companies (3 year revenue growth) in the US was released. The state of Kentucky only had one company listed, Integrity Asset Management in Louisville, which is an employee owned investment management firm with over $2.5 billion in company assets. The company was founded in 2003 and has had revenue growth of 3,217.9% over the past three years adding up to a gross revenue of almost $20 million.
As a comparison below are the numbers from some of the other states in the spring stage network:
- Texas-43
- Colorado-12
- North Carolina-12
- South Carolina-7
I am sure a few companies that could have made the list either were not discovered/submitted to be on the list. I think many entrepreneurs in Kentucky often are accepting of having a “lifestyle” business as opposed to building the next great company in their industry and in some cases they have a truly scalable idea but are unable to locate the right assistance and capital needed in an overlooked state like Kentucky. I work to try and break through these barriers and build a thriving entrepreneurial culture.
