Alberta Venture Fast 50 named

Since 1999, The Alberta Venture Fast 50 list has honored the 50 fastest growing companies in the province of Alberta. Companies are ranked based on their three year growth in revenues, assets, profits and employee head counts. The complete listing is featured in the January 2009 issue of Alberta Venture magazine and this year a couple tech companies made the grade on the 25 under $20 Million list.

Growing a business faster than its peers takes more than a fortuitous position in a hot sector, as this year’s list of growth leaders shows. It takes a unique product offering, scalability and effective financial controls. We ranked Alberta’s companies by growth in revenues, assets, profits, head count and other criteria over the past three years.

The list we came up with represents small business as well as large business, serving world markets as well as local ones, operating in cities as well as smaller centres, and working in information technology, real estate development and manufacturing as well as business, financial and oilfield services. Collectively, they present a catalogue of best business practices. As we venture into uncertain times, it is companies like these that show the way forward.

Check out the listings below for #5 Primal Tribe of Edmonton, #8 Epiar Inc. of Edmonton, #9 Pandell Technology Corporation of Calgary, #17 VTN Technologies from Edmonton, and #20 Evoco from Calgary.