ECI Named 2005 Indiana Entrepreneurial Awards of Distinction Finalist
October 24 , 2005
Elkhart, IN - Electronic Commerce, Inc. (ECI), a leader in business process outsourcing of payroll, human resources, benefits, timekeeping and tax, was recognized as an 2005 Indiana Entrepreneurial Awards of Distinction finalist by the Johnson Center for Entrepreneurship & Innovation for demonstrating exceptional entrepreneurial achievements.
The Johnson Center for Entrepreneurship & Innovation, within Indiana University’s Kelley School of Business, selected ECI as one of 27 finalists in the Growth category. In order to be eligible for the Growth award, ECI had to achieve a 35% or higher increase in revenue for a combined immediate two year period. ECI surpassed that requirement with a 65% increase.
In its inaugural year, the 2005 Indiana Entrepreneurial Awards of Distinction honored entrepreneurial companies in three areas of achievement: growth, innovation, and willingness to take calculated risks.
“We are very proud and appreciative to be recognized for our hard work and dedication. We set very aggressive, yet obtainable goals for ourselves,” said Jeff Lacy, ECI President and CEO. “Every ECI employee has contributed to help meet these goals and to achieve such success.”
“These entrepreneurial companies have a strong impact on the state, not only economically but also through employment and community development”, stated Donald F. Kuratko, executive director of the Johnson Center for Entrepreneurship and Innovation.
ECI (www.ecipay.com) offers payroll, human resources, benefits, timekeeping and tax outsourcing to customers in 48 states. ECI’s client base crosses multiple industries from coast to coast; both publicly traded and privately held. ECI’s corporate headquarters are located in Elkhart, Indiana with sales offices in Elkhart, Indianapolis and South Bend, Indiana; Grand Rapids and Kalamazoo, Michigan; and Cleveland, Ohio. ECI was a winner of the 2004 Growth 100 award recognizing the fastest growing companies in Indiana. ECI was founded in 1996 and is a SAS70 audited company.
For more information regarding the Johnson Center for Entrepreneurship & Innovation or the Indiana Entrepreneurial Awards of Distinction call 812.855.4248 or go to www.kelley.indiana.edu/jcei.