Mays Business School, November 4th, 2011
Aggies are leaving a legacy of leadership in economic times that demand hard working, honest and unwavering entrepreneurs, whose determination to achieve success outweighs any stock market forecast or future prediction. The Mays Business School’s Center for New Ventures and Entrepreneurship at Texas A&M University announced the recipients of the 7th Annual Aggie 100, honoring the fastest growing Aggie-owned or Aggie-led businesses in the world. The honorees were recognized by nearly 700 attendees at a luncheon by held at The Zone Club at Kyle Field.
Gary Blair, Head Coach of Texas A&M University’s Women’s Basketball, gave the keynote presentation. After leading the Aggie Women to a 2010 NCAA National Championship, it was only fitting that he inspire the group of entrepreneurs by sharing his thoughts on perseverance, determination and true leadership. His vigor and enthusiasm for greatness was contagious as his words of wisdom echoed among this room of leaders.
The Aggie 100 posted an average compound growth rate of 41 percent. Tranzon Auction Resolutions of Cypress, Texas, topped the list with a remarkable compound annual growth rate of 276.82 percent. The complete list can be found at aggie100.com. The Top 10 Aggie 100 companies include:
- Tranzon Auction Resolutions – Cypress, TX 276.83%
- BMI Defense Systems – College Station, TX 207.04%
- republic landscapes, llc – College Station, TX 141.70%
- Miner Central Texas Ltd – San Antonio, TX 128.75%
- Opportune, LLP – Houston, TX 101.91%
- Jenkins Custom Homes – Austin, TX 94.13%
- Accent Wire, Ltd. – Bradford, United Kingdom 94.01%
- Power Funding Ltd. – Tyler, TX 93.52%
- Leftfield Pictures – New York, NY 93.16%
- OriGen Biomedical, Inc. – Austin, TX 85.99%
“Since the founding of Texas A&M University, Aggies have been leaving a legacy across all businesses and industries,” said Dr. Richard H. Lester, Executive Director of Mays Business School’s Center for New Ventures and Entrepreneurship. “Over the last seven years, the Aggie 100 companies have continuously proven that even in tough economic times, solid business ideas and hard work pay off.”
The Aggie 100 focuses on growth as an indicator of job creation, product and service acceptance, and entrepreneurial vision. The Aggie 100 were selected based on compound annual revenue growth rate for the 2008 through 2010 period. The oldest company earning a spot on the list was founded in 1955. In all, companies from 8 states and 4 countries were honored at the event. The city of Houston topped the list with 33 recognized businesses. Dallas/Fort Worth was close behind with 17, followed by 15 firms from the Austin/San Antonio area and 12 from Bryan-College Station.
About the Center for New Ventures and Entrepreneurship
The Texas A&M Center for New Ventures and Entrepreneurship (CNVE) provides encouragement, education, networking and assistance to entrepreneurially minded students, faculty and Texas businesses. Founded in 1999, CNVE is part of Mays Business School’s Department of Management. CNVE enhances student education through campus speakers, competitions, work experiences and financial support. The Texas A&M faculty and Office of Technology Commercialization also benefit from CNVE’s educational programs, extensive business community network and the entrepreneurial services.
CNVE reaches the state’s business community through its educational programs, business assistance and access to University resources. In addition to the Aggie 100, one of CNVE’s key programs is the Entrepreneurship Bootcamp for Veterans with Disabilities — an intense training for veterans interested in starting a business. CNVE 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 a world-class university.