Inc. Magazine Unveils Its Annual List of
America’s Fastest-Growing Private Companies – the Inc. 5000
Applied Development Ranks No. 1019 on the 2019 Inc. 5000
With Three-Year Revenue Growth of 413% Percent
NEW YORK, August 14, 2019 – Baltimore-based Applied Development is No. 1019 on Inc. magazine’s annual Inc. 5000 list. This list of independent small businesses represents the most prestigious ranking of the nation’s fastest-growing private companies.
“We are thrilled to be on the Inc. 5000 list,” says Applied Development’s CEO and co-founder Kimberly Citizen. “Over the last almost eight years, we’ve grown from an idea into a multi-million dollar company.” Through a variety of services, Applied Development champions the rights of people of all abilities to work and communicate effectively and ranks within the top 75 government services companies on the Inc. 5000.
Applied Development has also been recognized for outstanding growth and revenue by the Goldman Sachs 10,000 Small Businesses program, the Baltimore Business Journal, the Women’s Business Enterprise National Council (WBENC) and the National Veteran-Owned Business Association (NaVOBA).
“Our growth is a direct result of the hard work our team has put into our company,” Ms. Citizen adds. “Over the last eight years, we’ve learned lessons about the services, products, or processes that create success for us and our customers and applied those lessons to the development of our company.”
Many well-known companies like Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, and Zillow gained their first national exposure as honorees on the Inc. 5000.
This year’s list shows companies that are competitive within their markets, and extremely successful on the whole. The 2019 Inc. 5000 companies averaged a three-year growth rate of 454 percent, and a median rate of 157 percent. This resulted in $237.7 billion in aggregate revenue and over 1.2 million jobs in the U.S. economy.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona, with speakers include leading innovators and business owners.
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More about Inc. and the Inc. 5000
Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent, not subsidiaries or divisions of other companies, as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
About Applied Development
Applied Development is an 8a, HUBZone-certified, Service-Disabled Veteran-Owned Small Business, and Economically Disadvantaged Woman-Owned Small Business. Applied Development designs better tomorrows. Through our communication services, we champion the rights of people of all abilities to work and communicate effectively through sign language interpretation, reader services, advocacy, and outreach. We also help to ensure your messaging is communicated and received as intended through services like technical writing, graphic design, and publications support. Department of Defense (DoD), Department of Veterans Affairs (VA), and the U.S. Army National Guard and other agencies trust us to lead the way to better tomorrows. For more information visit www.applied-dev.com.