5. InGenesis
5. InGenesis
InGenesis CEO Veronica Edwards
2010 Revenues: $51.6 million
5-year Annual Growth Rate: 102%

CEO:
Veronica Edwards
Location: San Antonio, TX

About the business:
After losing her job at a Fortune 500 company in 1998, Veronica Edwards founded InGenesis with the idea that she'd provide staffing services to telecommunications companies. Edwards soon predicted a telecommunications implosion and immediately began researching other industries. As a result, she shifted InGenesis' focus from telecommunications to health care and soon landed her first big client: the Mayo Clinic.


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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