This year also marks CCTW's 10th anniversary, and the decade's numbers are impressive: the 500 companies honored during that time have generated more than 19,000 jobs and $4.5 billion in revenue.
"What we set out to create over 10 years ago, a year-long program to recognize and elevate second-stage companies that fuel our economic fire, has become a movement," says Stephanie Veck, director of the Colorado Workforce Development Council and founding program director of CCTW. "It is now 500 winners strong, a nonprofit organization with a committed working board of directors, hundreds of volunteers, partners and sponsors that have made it a community that empowers second-stage companies to continue to thrive and brings awareness to the great impact they bring to our economy."
In 2009, in the midst of a global economic recession, CCTW recognized companies with the potential to both survive and thrive, with an inaugural class that included such industry standouts as Justin's Nut Butter, Oskar Blues Brewery and OtterBox.
"These second-stage companies consistently represented a modest percentage of businesses in the state yet were responsible for nearly a majority of jobs in the state," says Joy Kitamoriz, partner relationship manager at the Edward Lowe Foundation and CCTW Legacy Board Director.
(17.) Hist, 4520 CCTW, 1 Jan--30 Jun 1964, pp 34--35.
4520 CCTW Vol 1, Jan--Jun 1964, C all # K285.54-36, IRIS # 0488620, p.
4520 CCTW Vol 1, 1 Jan -30 Jun 1964, Call # K285.54-36, IRIS # 0488620, p.
"Each of the 50 companies being celebrated as a Colorado Companies to Watch winner earned this honor as a direct result of relentless focus on growth and innovation," says David Tolson, managing partner at Capital Value Advisors and CCTW Presenting Sponsor.
"Statistics indicate there are more than 46,000 second stage companies in Colorado," says CCTW Chair Sean Nohavec, senior vice president of one of the program's four Platinum Sponsors, UMB Bank.
"It's not enough to be a well-run business," said Stephanie Steffens, CCTW founding program director and Colorado adviser and director for the Colorado Workforce Development Council.
Company leaders benefit from gathering with peers through the Alumni Network, led by past winners under the auspices of CCTW.
Colorado Companies to Watch (CCTW) Gala Awards Dinner