Colorado companies that are making a big impact
1225_ 6/18/12 - The Edward Lowe Foundation and the Companies to Watch Program were started by Edward Lowe in Michigan. His claim to fame was that he invented Kitty Litter. With that he made his fortune and then decided he wanted to put part of that fortune back into an organization that would help make the life of an entrepreneur a little easier than what he had. So that was the genesis on which the foundation was started. Penny Lewandowski tells us "What they do is work with communities and help them understand what we call their second stage growth businesses. We help them understand those businesses and their special needs as they grow their companies, what kind of programs can be put around those companies -[ the foundation has developed a significant number of those programs] - and Companies to Watch is one of those." Larry said, "The second stage companies that you work with have such a tremendous impact on the state of Colorado." Penny replied, "You're right and I've got some numbers for you. We have a database called 'Your-Economy-dot-org'. Existing, expanding companies contribute most to U.S. job creation. In fact, from 1990 to 2008, existing companies generated 71 percent more new jobs than startups." We're talking with Penny Lewandowski, Director, Entrepreneurship & Development, Edward Lowe Foundation, about a very interesting event we have coming up on June 23rd, here in Denver. Pat and I along with lots of celebrities and well known business people will be looking for you at the Colorado Companies to Watch Gala and Award Celebration. There are plenty of good reasons for you to be there and that's why we've cornered Penny, to give us a little background about this program and why it's so important to all of us. Companies to Watch is really centered around recognizing second stage companies. "Those are companies between 6 and 99 employees with $750K to $50 Million in revenue. And these are companies that have both the intention and capacity to grow. We pay a lot of attention to them because they are huge job creators, so they are making a big difference in their communities in a lot of different ways." There's much more and we are looking forward to seeing you there on June 23rd.
Related Links: Colorado Companies to Watch || YE (Your Economy) || Edward Lowe Foundation || YE (Your Economy) || Colorado Companies to Watch Channel || PodCast Directory || Gala Event 2011 || Keywords: Penny Lewandowski, Edward Lowe Foundation, Colorado Companies to Watch, Gala Event, COCTW, Second Stage Companies, Colorado Office of Economic Development and International Trade, bytes=4359212
LISTEN TO: Penny Lewandowski, Edward Lowe Foundation
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