According to EnterpriseCorp Director Tendai Charasika, a “Gazelle” is an early to second stage company with lots of momentum to move it forward or, in other words, it is not a large “Main Street elephant.” Charsika credited economist David Burch with coining the term but it would seem that everyone has a definition.
Mayor Fischer applauded this year’s selection of the EnterpriseCorp’s “Fast Dozen” with these words, “you are in one of the most exciting phases of growth where you’re moving so fast that you can either take off like rocket ship or die a terrible death.”
Local entrepreneur and EnterpriseCorp Chairman Kent Oyler quantified the concept by pointing out that the 10 year-old “Fast Dozen” program has honored 193 companies and 52 have been “Gazelles.”
All of the 2014 “Fast Dozen” companies were in the running for continued success as more than 200 members of the entrepreneurial community gathered at Glassworks to honor their ideas, innovations, and tenacity.
EnterpriseCorp, the division of GLI that specializes in developing the region’s fast-growth entrepreneurial sector, created the “Fast Dozen” and its annual “Fast Dozen” Showcase to celebrate12 of the region’s most innovative and up and coming companies as well as provide the opportunity to demonstrate and display their work. Networking with members of the local entrepreneurial community is also a plus.
The “Fast Dozen” is selected from the client bases of EnterpriseCorp which includes the Louisville region of the Kentucky Innovation Network, which is administered by EnterpriseCorp. These companies exemplify some of the best high growth creativity and diversity being developed in the region. read more...