Friday, April 22, 2005

Tech Valley Communications Wins Inc Magazine Award

Tech Valley Communications has received Inc. Magazine's Inner City 100 award. This is good news for Albany. Business people love Inc. magazine. Especially small buisiness people. Perhaps some others will take notice. This is what downtown Albany needs more of, not convention centers. Building businesses in the city that are growing and employing people is the way to change the city. Building convention centers will do nothing to change the economics of Albany once all the construction jobs are gone (read the Brookings Report if you don't agree with this statement). Is it harder to build the economy one business at a time versus just spending all our tax payer money on a money losing convention center? Hell, yeah. Will it make Albany a much better city? Yes. Nothing worth doing is easy.

Congrats to Tech Valley Communications.

Some city friendly stats from Inc.

"This year, despite their challenging work environments, the members of the 2004 Inner City 100 list have thrived during the recent economic slowdown, in poor urban areas no less. Between 1998 and 2002, the companies created more than 11,600 new jobs. And the companies experienced an average growth of 872% over five years."

And if you are thinking of starting a business in the city, Ten Tips from Inc.