COLLEGE STATION, Oct. 19, 2007 – The fastest-growing Aggie-owned businesses will be honored Friday during the third annual Aggie 100 luncheon, scheduled for 11 a.m. to 1 p.m. in The Zone Club at Texas A&M University’s Kyle Field. The program is sponsored by Mays Business School’s Center for New Ventures and Entrepreneurship.
Ninety-six (96) of the 100 companies are expected to send more than 190 representatives to campus for the event, and 650 people are expected to attend the luncheon, including 100 current students.
“Texas A&M is proud of making the Aggie 100 an annual event to celebrate Aggies who have gone on to create businesses that are thriving not only in the U.S., but also around the world,” says Richard Scruggs, executive director of the Mays Business School’s Center for New Ventures and Entrepreneurship.
While there are many ways to define business success, the Aggie 100 focuses on growth as an indicator of job creation, product acceptance and entrepreneurial vision. The Aggie 100 recipients were selected based on compound annual revenue growth rate for the 2004 to 2006 period.
The Aggie 100 is a unique way for Texas A&M University to demonstrate its pride in the accomplishments of its former students while enriching the educational experience for today’s students, Scruggs says. While on campus, many Aggie 100 representatives will meet with more than 1,000 current students by speaking in classes and student organization meetings. The Aggie 100, one-of-a-kind at the college level, was created by Mays Business School’s Center for New Ventures and Entrepreneurship (CNVE), whose mission is to provide encouragement, education, networking and assistance to entrepreneurially-minded students, faculty and Texas businesses.
The center enhances student education through campus speakers, competitions, work experiences and financial support. Texas A&M's faculty and Office of Technology Commercialization benefit from CNVE’s educational programs, extensive business community network and entrepreneurial services. CNVE also reaches out to the state's business community by offering educational programs, business assistance, and access to University resources. CNVE is supported by corporate and individual members, and by sponsors who believe in the value of an entrepreneurial education program and the value of Texas businesses working with Texas A&M.