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INC.'S Inner City 100
Three Oklahoma companies were chosen this
year for Inc.'s first annual Inner
City 100 list thus tying Oklahoma for sixth nationally.
Oklahoma's highest ranking business, at number 27, was
awarded to Berryman Enterprises, a general-contracting service
provider in Oklahoma City. S & S Promotions, a manufacturer
of retail signs, and Architectural Design Group, contractor
of the Bricktown Ballpark, followed close behind at numbers
39 and 68 respectively. Architectural Design Group's
CEO, Tom Wilson was one of the first people to relocate his
business to Bricktown in the late 1980's.
The qualifications required, as stated below,
placed the companies through an exhaustive application process
and "rigorous demographic analysis." Proving
the inner city can provide a place of economic prosperity
and growth, Oklahoma's chosen companies averaged 240% sales growth in the last five years and produced revenues of almost $15 million in 1997. |
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Qualifications:
- Be
an independent, for-profit corporation, partnership, or proprietorship
- Have
51% or more of its physical operations in the inner-city areas
- Have
10 or more employees in 1997
- Have
a 5 year operating sales history that included at least six months
of sales revenues in 1993
- An
increase in 1997 sales over 1996 sales
- Sales
of at least $1 million in 1997
- Median
household incomes in area had to be 25% lower than that of
the local metropolitan statistical area
- Poverty
rate 50% higher than that of the MSA
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