ArcSite has been recognized as one of the 2022 awardees for the Michigan 50 Companies to Watch Award, presented by Michigan Celebrates Small Business. ArcSite will be acknowledged on stage at the in-person awards ceremony during the 18th annual Michigan Celebrates Small Business Gala on May 3, 2022.
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.
“We are thrilled to see ArcSite recognized as one of Michigan's top companies," said ArcSite CEO and Founder Pei Zhan. "ArcSite is committed to helping create the next tech startup hub right here in the Midwest."
Judges from economic and entrepreneurship development organizations annually select the winners. The judges evaluate 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 annually receives over 550 nominations for the Michigan 50 Companies to Watch award. In addition to a competitive landscape for this award, the businesses that are selected by the judges go through a rigorous due diligence process prior to the final decision.
To learn more about Michigan Celebrates Small Business (MCSB), visit MichiganCelebrates.org.
Thank you to all of our employees and customers who have helped make ArcSite what it is today!