100 fastest growing inner city businesses

5. Perez, APC
5. Perez, APC
Angela O'Byrne, CEO
2009 Revenues: $8.7 million
5-year Annual Growth Rate: 102%

CEO:
Angela O'Byrne
Location: New Orleans, LA
Year Founded: 2004

About the business:
Salvaging an architecture firm on the verge of collapse, Angela O'Byrne raised $200,000 from family and friends (and got a $300,000 bank loan) in 2004 so she could take over and support the operations of Perez Inc. Professional Corporation.

The company stepped into the sphere of pro bono work after Hurricane Katrina, pushing for the recovery of the job market among local businesses. O'Byrne located her company in the heart of New Orleans, where reconstruction was most desired and needed.

Despite the challenges of finding qualified staff, O'Byrne refuses to surrender to the pressures and move elsewhere.

--By Marc Francis and Hyacinth Vassell


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
Join the Conversation

The companies on this year's Inner City 100 have managed to build fast-growing businesses in economically depressed cities. Here's how they are doing it. More

Terracycle got its start selling worm poop as fertilizer to the likes of Home Depot and Wal-Mart and has since turned itself into a burgeoning trash-to-treasure emporium. More

Most Popular
 
 
 
 
 

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.