Four local businesses have been named among Colorado’s most innovative and impactful companies to watch.
“CCTW is a year-long, nonprofit awards program that honors 50 fast-growing second stage companies from across the state for their performance in the marketplace, innovative products, unique processes and philanthropic actions,” the organization said Monday in a press release.
The four area companies helped impact the state’s economy along with the other 2018 award recipients “by providing thousands of jobs and contributing millions of dollars in revenue across Colorado’s diverse economic landscape.”
“The Colorado Companies to Watch community is comprised of some the most skilled and innovative entrepreneurs and business leaders in the state,” said Rick Ninneman, Chair of the CCTW Board of Directors, in the release. “Our 2018 winners embody the type of passion and ingenuity that defines the CCTW program and contributes to the strength of our elite community. We have reached a milestone this year by welcoming 500 companies to date, and we are proud to recognize the successes of all these excellent second stage companies of Colorado.”
Local communities throughout Colorado submitted more than 1,100 company nominations for 2018.
For the past eight years, CCTW has highlighted second stage companies in Colorado that have shifted from the startup stage into a growth period.
“Many of the first companies to enter the CCTW program have since grown exponentially, becoming household names in Colorado and beyond,” the release said.
Boulder-based Justin’s Nut Butter, Fort Collins-based OtterBox and Golden-based PharmaJet all are previous winners.
The Colorado Office of Economic Development and International Trade started the CCTW program with the Edward Lowe Foundation and community partners across the state.
“The 500 companies that have been honored since the program’s inception demonstrate high performance in the marketplace or exhibit innovative products or processes,” the release said. “The program is designed to seek businesses from a wide range of industries throughout the state, not just the major metropolitan areas.”
Other 2018 Colorado Companies to Watch winners are:
ARB Midstream, LLC
Aureus Techsystems LLC
AvenueWest Global Franchise
B&B Blending, LLC
Blue Margin, Inc.
Comptek Technologies, LLC
Crazy Scrubs, Inc.
East Daley Capital Advisors
Neuworks Mechanical, Inc.
Quality First Plumbing and Heating
Rowdy Mermaid Kombucha
The Human Bean of Northern Colorado