3. DMC Consultants
3. DMC Consultants
2010 Revenues: $4.6 million
5-year Annual Growth Rate: 115%

CEO:
Darshita and Mike Chaudhary
Location: Detroit, MI

About the business:
DMC Consultants does consulting, construction, demolition, and environmental work for government clients like the city of Detroit and the state of Michigan. In 2005, Mike Chaudhary, a former employee of past Inner City 100 company FutureNet, started DMC by taking on small contracts to paint residential houses in Detroit. The company has since expanded its offerings and now regularly lands multi-million dollar contracts. DMC is committed to its hometown: as the company expands, it plans to continue to buy vacant lots and spend money to improve inner city Detroit.


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 2012 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. Hispanic Chamber of Commerce, Staples, New York City Department of Small Business Services, and the U.S. Conference of Mayors. Companies were ranked by compound annual growth rate (CAGR) based on their revenue over the five-year period between 2006 and 2010, the last year for which complete data was available. This list was audited by the independent accounting firm of Rucci Bardaro and Barrett, PC.
@FortuneMagazine - Last updated May 11 2012: 10:59 AM ET
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