Philadelphia, PA (PRWEB) October 02, 2013
Today The Wharton Small Business Development Center, the Entrepreneurs Forum of Greater Philadelphia (EFGP), and the Philadelphia Business Journal kick off their 2013 Philadelphia 100 award season with an invitation-only event at the Union League of Philadelphia, PA. CEOs from the 100 fastest growing privately held companies will attend the 25th annual recognition of entrepreneurial achievement in the Philadelphia region.
A hallmark of success for entrepreneurs, many former Philadelphia 100 winners have become large prominent employers in the Philadelphia area and beyond, including Urban Outfitters, Integrity Staffing Solutions, and Liquid Hub. Philadelphia 100 winners are selected based on achieving the highest percentage growth (over a 3-year consecutive period) in the region. In addition to revenue growth, eligible companies must be privately held, and headquartered in the 10-county region surrounding Philadelphia, with minimal annual revenues of $ 125,000 in 2010. The breakfast is held not only to honor their achievements in 2013, but also to provide CEOs with the opportunity to meet fellow growth business leaders in a more relaxed setting, and to learn about many exciting entrepreneurial endeavors happening throughout the Philadelphia region, stated Therese Flaherty, Director of the Wharton Small Business Development Center, and co-sponsor of The Philadelphia 100. Winners and their rankings will be publically announced on October 16 at a Gala Awards Ceremony at the Annenberg Center in Philadelphia, PA.
The Philadelphia 100 celebrates its 25th year in 2013, and will mark this important milestone with two new awards at its Gala Awards Ceremony. First, the Pennsylvania Governors Cup Award will recognize the fastest growing manufacturing company in southeastern Pennsylvania, based on a percentage of revenue growth. Also new this year, the Founders Cup Award will be given to the Philadelphia 100 winner with the highest 3-year, dollar-figure increase in revenuesproviding special recognition for larger enterprises with typically smaller percentage increases. Finally, seven companies will be inducted into The Philadelphia 100 Hall of Fame, as 2013 marks their fifth appearance on the list, bringing the total number of Hall of Fame members to 75.
About Philadelphia 100
The Philadelphia 100 has been the hallmark of entrepreneurial achievement in the Philadelphia region since it was founded in 1998. Run jointly by the Wharton Small Business Development Center, The Entrepreneurs Forum of Greater Philadelphia and the Philadelphia Business Journal, it identifies and honors the 100 fastest growing companies in the Philadelphia region. This meritorious distinction is based on verifiable revenue growth as reported on federal tax forms or audited financial statements. For more information, visit http://www.Philadelphia100.com.