Michigan Celebrates Small Business | ELITE COMPANIESApr 17, 2023
ELITE COMPANIES has been recognized as one of the 2023 awardees for the Michigan 50 Companies to Watch Award, presented by Michigan Celebrates Small Business. ELITE COMPANIES will be acknowledged on stage at the in-person awards ceremony during the 19th annual Michigan Celebrates Small Business Gala on May 2, 2023.
Success is best when shared, and the event will gather over 800 guests at the Breslin Center in East Lansing, Michigan to celebrate the achievements of this year’s award recipients.
Companies nominated for the Michigan 50 Companies to Watch Award must be second-stage companies, defined as having six to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants. Additionally, the companies must be privately held and headquartered in Michigan.
“MCSB has always prided itself on its spirit of collaboration and celebration,” said Jennifer Deamud, MCSB Board Chair. “We love seeing our awardees celebrating one another's success and sharing in this amazing moment is each awardee’s journey. It’s true— success is best when it is shared.”
Judges from economic and entrepreneurship development organizations annually select the winners. The judges evaluate the nominees’ demonstration of intent and capacity to grow based on the following:
- Employee or sales growth
- Exceptional entrepreneurial leadership
- Sustainable competitive advantage
- Other notable factors that showcase the company's success
Michigan Celebrates annually receives hundreds of nominations for the Michigan 50 Companies to Watch award. In addition to a competitive landscape for this award, the businesses who are selected by the judges go through a rigorous due diligence process prior to the final decision.