(Sturtevant, WI) – Ictect, Inc. has been recognized as one of the thirty-three 2011
“Wisconsin Companies to Watch,” an awards program presented by the Wisconsin Entrepreneurs’
Network (WEN) with support from the Wisconsin SBDC Network and the Division of Entrepreneurship
and Economic Development (DEED) at the University of Wisconsin-Extension in association
with the Edward Lowe Foundation. Ictect, Inc. will be honored at an awards ceremony
during the inaugural Wisconsin Companies to Watch gala on May 5, 2011, at the Monona
Terrace Community and Convention Center in Madison. Ictect, Inc. specializes in
developing Intelligent Content Architectures with its patented technology, and has
focused on methodologies and tools for increasing the efficiency, accuracy and distribution
of policies and procedures within an organization. Its core technology has many
cross applications for content management. Customers include the US Air Force, City
University of New York and Nelnet Petersons.
“We are honored to receive this award. Organizations of all sizes recognize the
critical need for managing their Policies and Procedures, and we hope this award
will serve as a testimony for our work.”, said Pradeep Jain, President of Ictect.
“I’m pleased to recognize the winners of the Companies To Watch Award,” said Department
of Commerce Secretary Paul Jadin. “These companies are poised for future growth
and will help drive investment and job creation in Wisconsin.”
"CTW acknowledges companies at the crucial stage of growth where financial potential,
concept and management have been established, and attracting talented workers, solid
vendor relationships and access to peer learning are key components of future growth,"
added Gayle Kugler. The Edward Lowe Foundation's studies have shown second-stage
companies are the ones who generate jobs and economic growth in their communities.
Companies making it to the Wisconsin Companies to Watch list are a remarkable group
of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees
and generating $750,000 to $50 million in annual revenue or working capital from
investors or grants, these companies form the backbone of Wisconsin’s economy. Representing
all regions of the state and a diverse range of industries, companies like Ictect,
Inc. are known for their exceptional entrepreneurial leadership, creation of innovation
or use of innovation in creative ways, and their sustainable competitive advantage.
During 2006-2008, Wisconsin's resident companies averaged more than 34,000 second-stage
establishments, according to YourEconomy.org, an online resource of the Edward Lowe
Foundation. Those second-stage companies employed more than 822,000 workers (that's
more than 36 percent of the jobs created by companies headquartered in the state).
Winners were selected by judges from the banking, economic development, entrepreneurial
and angel communities. Wisconsin Companies to Watch is presented by the Wisconsin
Entrepreneurs’ Network (WEN) with support from the Wisconsin SBDC Network and the
Division of Entrepreneurship and Economic Development (DEED) at the University of
Wisconsin-Extension in association with the Edward Lowe Foundation. Support for
Wisconsin Companies to Watch is generously provided by the Wisconsin SBDC Network,
Reinhart Boerner Van Deuren SC, Kenosha Area Business Association, Madison Gas and
Electric and Thrive. Additional services are provided by Wisconsin Economic Development
Association and BioForward.