100 fastest growing inner city businesses

17. TCG
17. TCG
Daniel Turner, CEO
2009 Revenues: $7.6 million
5-year Annual Growth Rate: 62%

CEO:
Daniel Turner
Location: Washington, DC
Year Founded: 1994

About the business:
Like many fresh college graduates, CEO Dan Turner found it tough to get a job after graduation. Turner decided to start his own web applications development consultancy company and bid on and won a $10,000 contract with the National Institutes of Health.

The company later struggled to obtain government contracts when new regulations required all contractors to have all of its employees work on site. TCG was set up as a remote company. The company went from $3.5 million in revenues and 35 employees down to $1 million and a staff of seven. When government contract guidelines were later thawed, Turner shifted the company's focus to grants management, specifically for government entities. Two years after the change in focus, the company landed four more contracts. The company has grown to now offer a range of IT and management consulting services.

--By Eno Alfred and Matt Camp


The Initiative for a Competitive Inner City (ICIC) defines inner cities as core urban areas with higher unemployment and poverty rates and lower median incomes than their surrounding metropolitan statistical areas. For the 2011 list, ICIC received more than 2,000 solicited nominations using its database of small businesses and through the support of its nominating partners, including the U.S. Conference of Mayors, Staples, and the Small Business Administration. Companies were ranked by compound annual growth rate (CAGR) based on their revenue over the five-year period between 2005 and 2009 (the last year for which complete data was available).
Last updated May 18 2011: 5:14 PM ET
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