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2010/09 - Smart Chief Executives Recognised in SME Awards

Smart Chief Executives Recognised in SME Awards

Three TEC member companies have been recognised as some of Australia's fastest-growing small to medium enterprises.

The annual Smart 50 awards, presented this month in Melbourne by Victorian Small Business Minister Joe Helper, are run by online news, information and resource site SmartCompany and recognises those organisations that have experienced rapid growth.

Topping the list of TEC member-companies to receive a placing is Apricus, coming in at number 5 on the list and featuring on the list for a second year running. Managing director and TEC member, Chris Taylor has led his company to 125% growth in the last year, and has taken the solar hot water system company from $4 million revenue in 2007-08 to $20.4 million in 2009-2010.

Following their recent win at the iAwards, Victorian member company IP Payments placed 38th on the fast-growers list. Mark Lewis and Jamie Collins, both TEC members, celebrated an average annual growth of the payment software provider of 39% over the past three years. With a focus on building the right solutions for your clients to the point where it turns them into your sales force has been a driving force behind IP Payments' rapid growth.

Brisbane-based hydraulics and plumbing design company, Aqualogical closed off the list at number 50. Fresh from a win in this year's Telstra Business Awards, TEC member and Director Anthony Freeman has, along with fellow founder Doug Neufeld, celebrated an average growth of 34% over the past three years. The two founders believe that a focus on building brand awareness and maintaining customer loyalty has helped their success.