The 4th annual Aggie 100 awards luncheon, hosted by the Center for New Ventures and Entrepreneurship (CNVE) at Texas A&M University’s Mays Business School, was a time for celebration of the past as well as vision for the future. “The future isn’t somewhere we’re going. It’s something we’re creating,” said Richard Scruggs, then-director of the center at the event on October 31, which honored the achievements of the 100 fastest-growing Aggie-owned or —operated businesses. Their compound annual growth rates from the 2006-2008 period ranged from 26 percent to 261 percent.
For the second year in a row, the top spot on the Aggie 100 list went to a Mays graduate. This year it was Clay Schlinke ’94, owner of Tesoro Homes and Development, LTD, a construction company founded in 2003 in San Antonio. Schlinke holds a BBA in management from Mays. “If I had not graduated from Texas A&M, I would not be where I am today,” said the honoree, crediting the Aggie network as well as his education for his success.
Two others in the top ten were also Mays graduates: Scott Moscrip ’93, CFO, owner, and founder of D&S Factors LLC in New Plymouth, Idaho; and Todd Routh ’86, president of River Place Golf Group LP in Austin, Texas.
Recipients of this year’s list of business-savvy Aggies hailed from around the world with a concentration in Texas. Major Texas cities are well represented with 33 Houston-area companies, more than 15 Dallas-area companies, a dozen companies in the College Station area, 10 Austin-area companies, and five San Antonio companies. There were also honored firms in France, Thailand, and Mexico.
The luncheon was attended by a crowd of 650 business people, students, and university officials, including President Elsa Murano, who commented on success of the Aggie 100 honorees. “It’s remarkable, but not surprising,” she said. “After all, you are Aggies. And we expect great things of Aggies.” The combined revenue of the 100 honored companies was in excess of $2.9 billion; all together, the businesses employ more than 20,000 people.
“As you analyze the list of honorees it’s easy to focus on the numbers — revenues, growth, employees, etc.,” said Scruggs. “I think a more interesting measure is the way in which Aggies touched every aspect of our lives — from home building to restaurants, environmental issues, information technology, energy production and so on, there is an Aggie influence in every industry you can think of.”
Scruggs also noted the humble way the recipients credit others for their success and their dedication to sharing lessons learned with current students and in classes and club meetings. “They believe in teamwork, persistence, and hard work, which are valuable reminders for all of us.”
About The Center for New Ventures and Entrepreneurship
The Texas A&M Center for New Ventures and Entrepreneurship provides encouragement, education, networking and assistance to entrepreneurially minded students, faculty and Texas businesses. Founded in 1999, the center is part of Mays Business School’s Department of Management. The center enhances student education through campus speakers, competitions, work experiences and financial support. The Texas A&M faculty and Office of Technology Commercialization benefit from the center’s educational programs, extensive business community network and the entrepreneurial services.
The center also reaches out to the state’s business community offering educational programs, business assistance and access to university resources. The center is supported by corporate and individual members and sponsors who believe in the value of an entrepreneurial education program and the value of Texas businesses working with Texas A&M University.