Ngage Management Honored as a 2020 Michigan Celebrates Awardee!
Ngage Management, a full-service association and event management company, is being recognized as one of the 2020 awardees for the “Michigan 50 Companies to Watch” award, presented by Michigan Celebrates Small Business. Ngage Management will be honored at an awards ceremony during the 16th Annual Michigan Celebrates Small Business virtual gala event on July 28.
Ngage Management was founded in July 2013 and has become the largest association management company in Michigan in just a few short years. The company expanded twice in the last two years, growing its office square footage by over 6,000 square feet. Ngage stands out in the marketplace by offering crafted solutions in a dynamic setting with a strong emphasis on culture and by serving organizations and nonprofits that want to advance their mission and unlock their ultimate potential.
“Michigan needed an association management company like ours that leads by transparency and employs highly-skilled and creative individuals,” said Founder and CEO, Tobi Lyon. “I truly believe our people, our passion, and our service has allowed Ngage to become a company to watch in 2020. We’ve been able to streamline processes to maximize efficiency, increase revenues and membership for our clientele, and bring a collaborative, transparent approach to association management in our state. I am honored that we've been able to relocate many national associations and make Michigan their headquarters.”
This year’s Michigan 50 Companies to Watch have made a substantial economic impact, totaling $365 million in total annual revenue for 2019. From 2016 through 2019, these companies generated $1 billion in revenue and added 723 employees (both in Michigan and out of state), reflecting a 101.9% increase in revenue and 93.8% increase in jobs for the four-year period. That translates into a 26.9% annual revenue growth and 24.8% annual growth in employees.
“Michigan’s small businesses are the lifeblood of our local economies and play a vital role in making our communities attractive places to live, work, visit and play,” said Josh Hundt, Chief Business Development Officer for the Michigan Economic Development Corporation. “As the state continues to recover from the COVID-19 outbreak, we are honored to recognize and celebrate these small businesses, which demonstrate the resilience, innovation and grit that sets Michigan apart.”
Companies nominated for the Michigan 50 Companies to Watch award must be second-stage companies, defined as having six to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants. Additionally, the companies must be privately held and headquartered in Michigan.
Judges from economic and entrepreneurship development organizations selected the 2020 winners. The judges evaluated the nominees’ demonstration of intent and capacity to grow based on the following:
Employee or sales growth
Exceptional entrepreneurial leadership
Sustainable competitive advantage
Other notable factors that showcase the company's success
Michigan Celebrates received 575 nominations for the Michigan 50 Companies to Watch award, which surpassed last year’s record of 425 nominations. In addition to a competitive landscape for this award, the businesses who are selected by the judges go through a rigorous due diligence process prior to the final decision.
About Michigan Celebrates Small Business
Michigan Celebrates Small Business (MCSB) is a collaboration of trusted statewide founding organizations who offer resources for small businesses. Since 2005, Michigan Celebrates Small Business awards gala has placed a spotlight on how small businesses positively impact our communities and state. The MCSB organization is focused on supporting, promoting and celebrating small businesses in Michigan. For more information, visit www.michigancelebrates.org
The Manufacturing Growth Alliance is the Managing Partner of Michigan Celebrates Small Business. Founding sponsors are the Michigan Economic Development Corporation, PNC Bank, AF Group, and Dynamic Edge, Inc.
About Ngage Management
Ngage Management is a full-service association & event management company that can fully integrate our team into our clients’ businesses. Through dedication, transparency, and open creative thought, our collaborative approach inspires groups to get to their “next level”. We streamline processes to maximize efficiency, increase revenue and membership, and highlight services. From financial and event management, to communications and strategic planning, Ngage Management can seamlessly become a part of your organization. For more information, visit www.ngagellc.com
