To be considered for selection as one of the Michigan 50 Companies to Watch, the enterprise must meet the following for the year ending 2022.
Be a privately held, commercial enterprise that has not received the award in the past (not a nonprofit, not publicly traded, not a subsidiary or division of another company).
Be past the startup stage and facing issues of growth, not survival.
Employ 6-99 full-time equivalent W-2 employees (including the owner).
Have between $750,000 and $50M in annual revenue or working capital from either investments or grants.
Be headquartered in Michigan.
Demonstrate the intent and capacity to grow based on:
Employee or sales growth.
Sustainable competitive advantage.
Other notable successes.
Market Van Buren Community Champion of the Year 2022
Fanuc 2020 Excellence in Intelligent Robotics Award