SimVentions Recognized by Inc. Magazine as HEROES OF THE U.S. ECONOMY
SimVentions is among the 437 private growth companies that are HIRE POWER AWARDS honorees, leading the way in creating more American jobs. While the honorees are found across the country in 25 categories, industries with the most Hire Power companies include health, financial services, software, human resources and IT services. SimVentions is featured in the 2nd annual Inc. Hire Power Awards, recognizing the private businesses that have generated the most jobs in the past three years. SimVentions generated 48 jobs from January 1st, 2012 to June 30th 2013, placing it at #13 among the top 20 private business job creators within the State of Virginia, and the only one from the greater Fredericksburg, VA area.
“It is truly an honor to be recognized as a Virginia Job Creator and Hero of the U.S. Economy by Inc.,” says Larry Root, President/CEO of SimVentions. “However, the real heroes are our employees and the amazing work they do on behalf of our nation’s research & development labs, defense weapon systems, and military men and women on the front lines. One of our corporate mottos is ‘Your Success Is Our Honor™’ – which is taken from Galatians 5:13 ‘You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.’ – and as our employees live this out each and every day, mixing it with their crazy-good technical talent and capabilities, we can’t help but grow!”
Small to mid-sized companies and others just like SimVentions could hold the key to restoring America’s economic vitality. “For the second year in a row, we are pleased to recognize the employers who are putting Americans back to work for a second time,” says Eric Schurenberg, Editor-in-Chief of Inc. “The HIRE POWER AWARDS are the only awards that single out job creators. We think it’s fitting to pay tribute to company founders not just for their business prowess but also for their immense contribution to the welfare of U.S. workers and the vitality of the U.S. economy.”
The Inc. Hire Power Award is for US-based, private companies (both for profit and non-profit). Companies must have been founded in 2011 or earlier and have employed at least 10 full-time US-based employees as of December 31, 2012. Companies must complete the Employee Verification Report. Top award finalists may also be asked to provide their 2012 EEO Employer Information Report. Award categories include most jobs created in the US, most jobs created by state, most jobs created by industry and highest employee growth percentage. Companies featured in Inc.’s November issue represent the top tier winners for the Higher Power Award and a complete list of the winners can be found on www.Inc.com.
Excerpted from Inc. Magazine Press Release: New York, NY (October 24, 2013)