Minority Business Enterprise and Entrepreneurship and Small Business and Diversity

Two Indianapolis firms make Inc. magazine list

August 28, 2010

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.

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