8. PMG Project Management Group
8. PMG Project Management Group
2010 Revenues: $3.1 million
5-year Annual Growth Rate: 91%

Ben Mendez
Location: Houston, TX

About the business:
PMG Project Management Group offers a combination of professional and construction services. PMG tries to hire and contract with other small companies, as CEO Ben Mendez firmly believes that small businesses must help each other out along the way. With limited funding, there was no budget for marketing, so finding work was an initial challenge for Mendez. But with some help from a Houston-based small business advisory program and some good old-fashioned networking, he was able to get off the ground. Now, his business is growing rapidly.

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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