The
Women Presidents' Organization, a peer advisory organization connecting women who own multi-million-dollar companies, released its annual list of "
Top 50 Fastest-Growing Women-Owned/Led Companies," and two Minnesota enterprises made the ranks.
Coming in at number 25 is Burnsville-based
Innovative Office Solutions, led by Jennifer Smith, and at number 45 is Bloomington-based
eCapital Advisors, helmed by Lisa David.
The organization noted that the top 50 generated a combined total of $3.2 billion in 2012 revenues and collectively employed 24,000 people.
To be eligible for the list, companies had to be women-owned or led, privately owned, and must have reached revenues of $2 million by the end of 2012. Marsha Firestone, the organization's president, noted that this year's list is the most diverse ranking ever, with 20 states represented, and companies ranging from precious metal dealers to food service distributors.