Companies must meet the SBA's definition of a small business. 50 Engineous was honored as one of the 50 fastest growing technology companies in North Carolina. The Tech 50 recognizes and honors the fastest growing regional technology companies whose leaders have the vision and determination to beat the odds and build companies that contribute to the world with long term solutions. In judging entries to determine the 25 Technologies of the Year, the judges look for signs of profound potential and broad significance. By naming 25 Technologies of the Year, IW presents an array of innovations to further refine both the process and the products of manufacturing.
Technology is essential for both if a manufacturing firm is to succeed.
There were a total of 16 TIA winners and honorable mentions out of thousands of new aerospace products that are introduced each year. Seven companies are selected in each category from responses to a call for applications and nominations open to all North Carolina companies. The North Carolina Technology 50 Award was presented to the fifty fastest growing technology companies in North Carolina. Growth was determined by the percentage increase in annual revenues in the past three to five years. Copyright 2001 Engineous Software, Inc.