The Initiative for a Competitive Inner City (ICIC) announced that Lexington’s Semper Tek, Inc. has made the 2018 Inner City 100 list of the fastest-growing inner city businesses in America, based on revenue growth. ICIC, a 25-year-old national nonprofit founded by Harvard Business School professor Michael E. Porter, promotes economic prosperity in America’s inner cities through private sector investment that leads to jobs, income and wealth creation for local residents.
The list was revealed at the 20th Annual Inner City 100 Conference and Awards in Boston October 1-2. The full list is available on Fortune’s website. Semper Tek, Inc., led by Scott Matheny was ranked 29th based on its growth rate from 2013 to 2017 of 278.83%. Its 2017 revenue was $20,036,691.00.
Said ICIC CEO Steve Grossman, “Inner City 100 companies are forces of economic opportunity, optimism and transformation in their communities. They lead the way in innovation, job creation and economic revitalization and it’s an honor to shine the spotlight on their leadership and accomplishments. In addition to excellence in business, these pioneering entrepreneurs have demonstrated a deep commitment to and passion for their communities, which significantly impact the well-being of their local economies”.
Semper Tek is excited and honored to have received this award. We would like to thank all of our partners, subcontractors, and especially our clients for helping us succeed and grow as we have in our first 10-years as a small business. We look forward to continuing to serve our Government clients, and to partner with great firms to do so, long into the future.