What is the Inc 5000 award?

The Inc. 5000 ranks companies by overall revenue growth over a three-year period. All 5,000 honoree companies are individually profiled on Inc.com. also ranks the fastest-growing companies by industry, metro area, revenue, and number of employees, and we also highlight women and minority-run companies.

Do you pay to be on the Inc 5000 list?

Yes. There is a nonrefundable processing fee for all applicants. Identifying the fastest-growing private companies in the U.S. is an enormous editorial project that, among other things, raises awareness of entrepreneurship as a valuable force in our economy.

What does it take to make the Inc 5000?

What are the eligibility criteria for the Inc. 5000?

  • Have generated revenue by March 31, 2017.
  • Have generated at least $100,000 in revenue in 2017*
  • Have generated at least $2 million in revenue in 2020*
  • Be privately held, for-profit; based in the U.S., and independent (not a subsidiary or division of another company).

What is Inc 500?

The Inc. 500 ranks privately held companies according to averaged year-over-year sales growth over the past four years. With approximately 75% of all new job creation in the U.S. coming from small businesses, the Inc.

Is Inc 5000 a big deal?

Unlike other lists that are based superficially on a company’s net worth, the Inc. 5000 is an elite showcase of the most noteworthy cases of company growth and development over the last year.

What is the fastest growing company in 2020?

Zoom, DoorDash, Peloton led fastest-growing tech companies in 2020.

How do you qualify for Inc?

Eligibility

  1. Be privately-owned, based in the United States, independent (not a subsidiary or division of another company)
  2. Have started earning revenue by March 31st, 2016.
  3. Had revenue no less than $100,000 in 2016.
  4. Had revenue no less than $2,000,000 in 2019.
  5. Revenue in 2019 exceeds revenue in 2016.

How much revenue does a Fortune 500 have?

In total, Fortune 500 companies represent two-thirds of the U.S. GDP with $13.7 trillion in revenues, $1.1 trillion in profits, $22.6 trillion in market value, and employ 28.7 million people worldwide.

What is the fastest growing company in America?

The fastest growing brand on the list is Tesla, which isn’t surprising—the company’s stock increased by almost 700% in 2020.

Is Inc a company?

The word “incorporated” indicates that a business entity is a corporation. “Inc.” is an abbreviation of “incorporated,” and both the abbreviation and the full word mean that a company’s business structure is a legal corporation. A corporation or “Inc.” is an entirely separate entity from its owners and shareholders.