The LSU 100: Fastest Growing Tiger Businesses identifies, recognizes and celebrates the 100 fastest growing LSU-owned or LSU-led businesses in the world. The LSU100 not only celebrates their success, it also provides a forum to pass lessons to the next generation of LSU entrepreneurs. More +
Who can nominate a company?
Anyone is eligible to nominate a company. You may nominate yourself, your colleagues, your clients, and former classmates. The nominator’s information is not made public.
I would like to nominate someone, but I am not sure if they meet all the criteria. What should I do?
If you know of a Tiger-owned or Tiger-led business that may meet the criteria, do not hesitate to complete the nomination form. The Stephenson Entrepreneurship Institute (SEI) will send the nominees an application packet and can determine whether or not the criteria is met.
How do I nominate someone?
The nomination form is available here and should only take a minute to complete.
General Program Questions
What is the purpose of the program?
The LSU 100: Fastest Growing Tiger Businesses identifies, recognizes, and celebrates the 100 fastest growing Tiger-owned or Tiger-led businesses in the world. In addition to celebrating the companies’ success, the LSU 100 provides a forum to pass lessons on to the next generation of Tiger entrepreneurs.
What is involved in the application process?
The application form is fairly simple. Nominees provide answers to several questions related to the criteria, check several boxes, and attach documentation to verify revenues. Confidential applications are sent directly to Postlethwaite & Netterville (P&N). For more information on P&N, please visit http://www.pncpa.com.
When will the LSU 100 be released?
2014 nominations and confidential applications open on October 1, 2013. Nominations close on February 15, 2014. The confidential applications are due to P&N on April 1, 2014. After all of the nominations are confidentially ranked, P&N will share the names of the 2014 honorees with SEI in the summer of 2014. The honorees will then be contacted by SEI so that they may make plans to join us for the recognition activities.
How are the LSU 100 honorees recognized?
SEI notifies each LSU 100 honoree of their award and at that time invites them back to campus in fall 2014. Nominees are invited to an honorees’ reception, luncheon, and other campus activities. Each nominee will be individually recognized at the honoree luncheon, called upon the stage, and will receive a commemorative gift. The welcome reception is an intimate reception for honorees and their guests to welcome them back to campus. The SEI will recognize honorees at the awards luncheon with LSU leadership, faculty, staff and students.
What if we are unable to attend the LSU 100 campus activities?
The LSU 100 is a tremendous experience to welcome honorees back to campus and celebrate their success. All honorees are encouraged to make every effort to attend. If you are unable to attend, we encourage you to send a colleague, board member, or company representative; however, attendance at the LSU 100 events is not required.
What are the criteria to be on the LSU 100 list?
There are several criteria that each company must meet to be eligible.
These include company size and longevity, Tiger leadership, and company character. The criteria can be found online at. http://www.lsu100.com/criteria/
What does it mean to be Tiger-owned or Tiger-led?
Criteria for being a Tiger-owned or Tiger-led business are outlined in the criteria leadership section, which can be found online. http://www.lsu100.com/criteria/
Company Information Required and Calculation of Results
What information is needed?
Below is the information that an individual will need to complete the application form:
- Contact information (including dates of LSU attendance)
- Company’s conformance to LSU 100 qualifications (company age, minimum revenue, Tiger ownership/leadership, and adherence to SEI/LSU values and image)
- Revenue for 2010, 2011 and 2012 (P&N keeps this information confidential and it is not released to anyone, including SEI/LSU)
How are the results calculated? How is the LSU 100 list determined?
For each applicant, P&N will calculate the compounded annual growth rate (CAGR) in revenue from 2010 to 2012. After compiling the calculations, the companies will be listed by percentage of growth rate from the highest to the lowest. The 100 fastest growing companies will be named to the 2014 LSU 100 class. To read more about “Compounded Annual Growth Rate”, click here.
What is “revenue”?
P&N bases growth calculations on net revenue from 2010 through 2012. Net revenue is meant to be net sales or sales minus returns. For a professional services business it would be gross revenues minus any write-downs or discounts.
The application form says “verifiable” revenue. How do you verify revenue?
P&N needs a way of verifying a company’s revenue levels. Some of the ways in which revenues can be verified include:
- Copy of audited, reviewed, or compiled financial statements
- Copy of page one of tax return (you can block out other financial data)
- Letter from external accountant attesting to revenue level
If you have questions or concerns, please feel free to contact us and we will connect you with the appropriate representatives at P&N.
Use and Publication of Information/Confidentiality
What information will be released?
SEI will publish the list of the 2014 LSU 100 companies being honored. The list will include name and location of the company, city/state, name(s) of the Tiger-leader(s), rank and year founded.
P&N receives the confidential revenue information and this information will not be published or otherwise released.
There are other possible opportunities for your name/company to be featured in articles and news releases. Revenue information is never released.
How can I be assured of confidentiality?
P&N is the independent accounting firm for the LSU 100. Nominees send their financial information directly to P&N and they tabulate the results. After all confidential applications are processed, P&N provides the ranked list based on the percentage of growth of the 100 companies to SEI.
Where will the information be published?
The 2014 LSU 100 list of honorees will be publicized on this website, SEI media/press releases/newsletters, and possibly by other outlets. There are opportunities for feature articles in other publications. Confidential revenue information will not be published. The only statistical information that will be released will be the rank. Honorees may also be interviewed for news articles. Honorees may need to sign a media release allowing for their name and location of the company, name(s) of the Tiger-leader(s), and year founded to be published and for photography/videography at the LSU 100 events.
Will my company financial information be released?
All confidential information will be submitted directly to P&N and will not be released to SEI, LSU, an LSU affiliate, or anyone else.
LSU 100 Important Dates
Check back for details on the 2015 LSU 100!
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