2. 2017 Finalists and Winners Stats
Proprietary and Confidential to Colorado Companies to Watch Colorado, Inc.

3. Judging Panel Sam Bailey, President & CEO, Jefferson County EDC
Brian Burney, President & CEO, Oliver Manufacturing
David Kendall, Founder & CEO, Bold Legal
Kari Linker, Director of Development, Morgan County Community College
Mike O’Donnell, Executive Director, Colorado Lending Source
Heather Potters, Chief Business Development Officer, Pharmajet
Sumer Sorenson-Bain, Manufacturer’s Edge
Richard Werner, President/CEO, Upstate Colorado Economic Development
Richard Wobbekind, Executive Director, Business Research Division, University of Colorado Boulder

4. Second-Stage Eligibility Criteria4
1 – OWNED BY ANOTHER:
3 – STARTUP: By “startup,” not concerned about age – there are a few “young” companies. This point means we are dealing with companies that are poised for growth, not figuring out how to make payroll this Friday.
4 – FTEs are so-called bona-fide employees for which the company pays payroll taxes.
We do not count leased or contract employees toward a company being in second-stage because . . .
(A) When we think of what is a 2nd Stage company, it is a company with certain challenges and opportunities. Among the challenges are HR issues (payroll taxes, benefits, hiring, firing), and among the opportunities are HR issues (being an enlightened employer, creating company culture)
(B) from the foundation’s POV, taken as a whole, these three classes of workers are counted separately.
(C) We would also face the counter issue of DQ’ing companies for being too big if they use a lot of contract workers.
5 – REVENUE: Investors and grants, talk about later
Second-Stage Eligibility Criteria
Be privately held (not publicly traded, not a subsidiary or division).
Be a commercial enterprise, not a nonprofit.
Be past startup, facing issues of growth, not survival.
Employ 6-99 FTEs, including the owner.
Between $750,000 and $50 million in annual revenue or working capital in place from investors or grants.

5. Second-Stage Eligibility Criteria5
8 – COMPANY STRENGTHS enables us a holistic look at the company
Second-Stage Eligibility Criteria
Be headquartered in Colorado.
Demonstrate the intent and capacity to grow, based on evidence such as:
Employee or sales growth
Exceptional entrepreneurial leadership
Sustainable competitive advantage
Other “company strengths” that showcase the company’s success

6. Selected from over 650 Nominations which became 172 Applicants
100 Finalists
Selected from over
650 Nominations which became
172 Applicants

7. Finalists Economic Impact
Item
2017
Y/Y Growth
2016 Receipts
$838,641,852.62
72.0%
2017 Receipts, Projected
$1,977,055,923.19
136.0%
2016 FTE Employees
2,922
30.0%
2017 FTE Employees, Projected
3,959
35.5%
2016 Contractors
460.5
24.8%
2017 Contractors, Projected
551
19.7%
The company must have between $750,000 to $50 million in revenue and/or working capital by the end of Projections in 2017 may be beyond $50 million.

8. Finalists Revenue Range
2016
2017
$750 - $999 5
$1M - $4.99M 55 48
$5M - $9.99M 23 26
$10M - $24.99M 13 17
$25M – 50M 4 9

9. Finalists FTE Range FTE Range 2016 2017 6 – 25.75 60 45 26 – 50.75 2734
51 – 75.75 7 11 6 3
100+

10. Finalists Firm Age (Yrs)
Years
2017
1 - 9 63 27 6 4
75+

11. Finalists Firm Age (Years)
1 - 9 Year Detail
2017
1 year
2 years
3 years 13
4 years 10
5 years 18
6 years 12
7 years 6
8 years 3
9 years 1

12. 100 Finalists HQ Locations
Metro Denver 78
N Front Range 7
Southwest 2
S Front Range 6
North Central 1
Northwest
West 5

13. Finalists: 68 Industries Represented
Advertising Agencies
All Other Miscellaneous Chemical Product and Preparation Manufacturing
All Other Miscellaneous Food Manufacturing
All Other Professional, Scientific, and Technical Services
All Other Specialty Trade Contractors
All Other Support Services
All Other Travel Arrangement and Reservation Services
Ambulance Services
Apparel Accessories and Other Apparel Manufacturing
Architectural Services
Caterers
Coffee and Tea Manufacturing
Colleges, Universities, and Professional Schools
Commercial and Institutional Building Construction
Commercial Printing (except Screen and Books)
Computer Systems Design Services
Custom Computer Programming Services
Data Processing, Hosting, and Related Services
Drinking Places (Alcoholic Beverages)
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Electrical Contractors and Other Wiring Installation Contractors
Electronic Computer Manufacturing
Engineering Services
Environmental Consulting Services
Full-Service Restaurants
Furniture Merchant Wholesalers
Hardware Manufacturing
Household Furniture (except Wood and Metal) Manufacturing
Human Resources Consulting Services
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Internet Publishing and Broadcasting and Web Search Portals
Investment Advice
Lessors of Nonresidential Buildings (except Miniwarehouses)
Limited-Service Restaurants

14. Finalists: 68 Industries Represented
Marketing Consulting Services
Medicinal and Botanical Manufacturing
Office Administrative Services
Offices of Certified Public Accountants
Offices of Physicians (except Mental Health Specialists)
Offices of Real Estate Agents and Brokers
Other Activities Related to Real Estate
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
Ophthalmic Goods Merchant Wholesalers
Other Computer Related Services
Other Grocery and Related Products Merchant Wholesalers
Other Management Consulting Services
Other Miscellaneous Durable Goods Merchant Wholesalers
Other Miscellaneous Nondurable Goods Merchant Wholesalers
Other Snack Food Manufacturing
Other Waste Collection
Periodical Publishers
Petroleum Bulk Stations and Terminals
Pipeline Transportation of Natural Gas
Portfolio Management
Professional Employer Organizations
Public Relations Agencies
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
Sales Financing
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Software Publishers
Solar Electric Power Generation
Sporting and Athletic Goods Manufacturing
Sporting Goods Stores
Supermarkets and Other Grocery (except Convenience) Stores
Testing Laboratories
Tile and Terrazzo Contractors
Wineries

15. Selected From 100 Applicants
50 Winners
Selected From
100 Applicants
2015 Name of Event

16. Winners Economic Impact
Item
2017
Y/Y Growth
2016 Receipts
$523,619,384.38
85.0%
2017 Receipts, Projected
$946,581,853.19
81.0%
2016 FTE Employees
1,643.5
37.7%
2017 FTE Employees, Projected
2,136
30.0%
2016 Contractors
263
29.2%
2017 Contractors, Projected
297
12.9%
The company must have between $750,000 to $50 million in revenue and/or working capital by the end of Projections in 2017 may be beyond $50 million.

17. Winners Revenue Range Revenue Range 2016 2017 $750 - $999 1
$1M - $4.99M 23 18
$5M - $9.99M 15 16
$10M - $24.99M 10 13
$25M – 50M 3

18. Winners FTE Range FTE Range 2016 2017 6 – 25.75 28 17 26 – 50.75 13 19
51 – 75.75 5 7 4 3
100+

19. Winners Firm Age (Yrs) Years 2017 1 - 9 30 10 - 19 15 20 - 29 3 2
75+

20. Winners Firm Age (Years)
1 - 9 Year Detail
2017
1 year
2 years
3 years 5
4 years
5 years 9
6 years 6
7 years 3
8 years 1
9 years

21. 50 Winners HQ Locations Metro Denver N Front Range 4 Southwest 136
N Front Range 4
Southwest 1
S Front Range
North Central
Northwest
West

22. More Winners Statistics
Legal Business Form
51% or More Owned By
14 – C Corp
20 – LLC
16 – S Corp
4 – Veteran
11 – Female
3 – Minority

23. More Winners Statistics
Company Locations
Profitable
32 In Colorado
38 Outside of Colorado
68 Total
40 out of 50
All are current on financial obligations

24. More Winners Statistics
Business Funded by
Other Sources
11 – Bank Loan(s)
12 – Friends and Family
4 – Venture Capital
4 – Credit Cards
2 – Crowdfunding
3 – Grants
16 Personal Savings
12 – Angel Investors
Revenue from acquired company
Sold Shares

25. Winners: 40 Industries Represented
Advertising Agencies
All Other Miscellaneous Food Manufacturing
All Other Professional, Scientific, and Technical Services
All Other Support Services
Apparel Accessories and Other Apparel Manufacturing
Coffee and Tea Manufacturing
Commercial and Institutional Building Construction
Commercial Printing (except Screen and Books)
Custom Computer Programming Services
Data Processing, Hosting, and Related Services
Electrical Contractors and Other Wiring Installation Contractors
Electronic Computer Manufacturing
Engineering Services
Full-Service Restaurants
Furniture Merchant Wholesalers
Household Furniture (except Wood and Metal) Manufacturing
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Internet Publishing and Broadcasting and Web Search Portals
Limited-Service Restaurants
Marketing Consulting Services
Medicinal and Botanical Manufacturing
Office Administrative Services
Offices of Physicians (except Mental Health Specialists)
Ophthalmic Goods Merchant Wholesalers
Other Activities Related to Real Estate
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
Other Computer Related Services
Other Grocery and Related Products Merchant Wholesalers
Other Miscellaneous Durable Goods Merchant Wholesalers
Other Miscellaneous Nondurable Goods Merchant Wholesalers
Other Snack Food Manufacturing
Periodical Publishers
Portfolio Management
Sales Financing
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Software Publishers
Sporting and Athletic Goods Manufacturing
Sporting Goods Stores
Supermarkets and Other Grocery (except Convenience) Stores
Wineries