INDIANAPOLIS – TrendyMinds has been recognized as one of 25 Indiana ‘Companies to Watch’ in 2012. The designation—presented by the Indiana Economic Development Corporation, its Small Business Development Center network and the Edward Lowe Foundation—honors the state’s privately-held second-stage businesses that employ six to 150 full-time employees and have between $750,000 to $100 million in annual revenue or capital.
“We’re honored to be part of this 2012 class of thriving, innovative companies,” said Trevor Yager, TrendyMinds CEO. “We’ve been very fortunate to see tremendous growth, and I credit that to our focus on helping our clients succeed.
“We would not be here without so many great clients placing their commitment and trust in us to help them solve their toughest and most complex communications challenges.”
TrendyMinds is one of 25 ‘Companies to Watch’ from 13 Indiana counties. The class of 2012 was named after evaluating nearly 165 nominations for the awards and represent industries ranging from custom sign design to comprehensive travel solutions and wind turbine manufacturing to interactive marketing.
The 2012 ‘Companies To Watch’ have combined revenues in excess of $282 million and will create more than 171 new jobs this year. The revenue projections represent an increase of more than $66 million or 31 percent from 2011.
TrendyMinds has already doubled the size of its staff from one year ago. Yager said he expects revenues for 2012 to be approximately 33 percent higher than 2011.
TrendyMinds is slated to move in August to its newly renovated building on East Market Street in Downtown Indianapolis. The new location represents an investment of nearly $1.2 million and will include amenities such as a rooftop deck, more than 2,500 square feet of event space and the latest in collaborative communication tools and technology.
TrendyMinds is an Indianapolis-based integrated communications marketing firm specializing in public relations, advertising, video production, branding and website development. TrendyMinds’ client portfolio represents a diverse cross-section of industries, including health care and pharmaceuticals, retail and finance, sports and entertainment, and non-profit and government. For more information, visit trendyminds.com.
About Indiana Companies to Watch
Companies to Watch firms must employ between six and 150 full-time equivalent employees, have between $750,000 and $100 million in annual revenue or working capital in place, and demonstrate the intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership, sustainable competitive advantage or other notable strengths.
This awards program is unique because of its focus on second-stage companies. The impact of these companies on Indiana’s economy is tangible. During 2007-2009 Indiana’s resident companies averaged more than 32,000 second-stage establishments according to YourEconomy.org, an online resource of the Edward Lowe Foundation. Those second-stage companies employed an average of more than 773,000 workers during the period of 2007-2009.
Looking at the contributions of these companies from a different perspective, from 2007-2009 only 9.2 percent of Indiana’s resident establishments were in the second-stage category, however, they generated 37.2 percent of jobs in the state.
This program would not be possible without the generous support of Barnes & Thornburg LLP as well as Premier Capital Corporation, Katz, Sapper & Miller, KeyBank, Miles Printing and Purdue University. The program is also supported by Ivy Tech Corporate College and media sponsors BizVoice magazine, Inside Indiana Business and Northwest Indiana Business Quarterly.
About the program presenters:
The state of Indiana’s lead economic development agency, the Indiana Economic Development Corporation oversees Indiana’s statewide business attraction and development efforts, coordinates state programs, and incentives for companies looking to grow in Indiana, and provides assistance and funding to Indiana entrepreneurs and high-tech start-ups.
The Indiana Small Business Development Center Network offers free and low-cost strategic assistance for growth oriented entrepreneurs and businesses with less than 500 employees. Funded in part by the federal and state government, the ISBDC is focused on growing the economy through small businesses.
The Edward Lowe Foundation inspired the creation of the Companies to Watch program to celebrate second-stage entrepreneurs and their companies. Established in 1985, the Edward Lowe Foundation is a Michigan-based nonprofit organization that supports entrepreneurship through recognition, education and research with a focus on second-stage companies—those that have moved beyond the startup phase and seek significant, steady growth. The foundation also encourages economic gardening, an entrepreneur-centered strategy providing balance to the traditional approach of business recruitment.