Ottawa Business Journal is once again on the lookout for the region’s fastest-growing business stars.
OBJ’s Fastest Growing Companies competition is a unique opportunity for the city’s up-and-coming firms to be recognized for substantial, sustainable and profitable growth.
Last year’s list was topped by software provider Fullscript, which recorded three-year revenue growth of 1,245.64 per cent. It was followed by HostedBizz, CanadaWheels and Halo Management Consulting.
OBJ is seeking companies headquartered in the National Capital Region that have demonstrated revenue growth over the past three years. It doesn’t matter what industry the company is in or whether it is a startup or seasoned player.
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Applicants will be ranked by percentage of revenue growth between year one and year three of their most recent three-year fiscal period. To qualify, the company must have completed three fiscal years with financial statements that have been subject to a review engagement or formal audit.
In year one, companies must have had revenues of at least $100,000. In year three, revenues must have risen to at least $500,000. If the company is not profitable by the third year, applicants will be asked to briefly explain how the firm will be sustainable.
The companies that make the list will be profiled in the April 24 issue of OBJ and honoured at a gala in May at the new Innovation Centre at Bayview Yards.
