Two Indianapolis companies are among the 10 fastest-growing black-owned businesses in the nation, according to Inc. magazine.
SmartIT, a staffing agency, and Entap Inc., an IT outsourcing firm, ranked seventh and ninth, respectively.
SmartIT had growth of 787 percent during a three-year span ending in 2009, when it posted revenue of $9.7 million. Entap had growth of 583 percent during the same time, and revenue last year of $4.1 million.
Overall, SmartIT ranked 384th on the Inc. 500 list. Entap placed 516th on the expanded Inc. 5000 list.
The annual Inc. 500 and 5000 ranks the nation’s fastest-growing private companies. The list is available at www.inc.com or in the magazine’s September issue.