In order to be eligible for consideration, companies were required to show revenue of at least $500,000 in each of the fiscal years ending 2010, 2011 and 2012, as well as revenue growth in 2012, as compared to 2010. For-profit entities that are headquartered in Adams, Cumberland, Dauphin, Lancaster, Lebanon, Perry or York county were eligible for nomination.
The presenting sponsor of the program, SF&Company, calculated the nominations and then ranked the companies according to revenue growth over the three-year period. Both dollar and percentage increases were taken into consideration. This ranking formula led to the list of winners.
AquaPhoenix, and the other 49 winners, will be honored at an awards breakfast on Monday, September 30, 2013, when their ranks will be revealed. A complete, ranked list of honorees and profiles of each company and their financial growth will be published in a special supplement of the October 4 issue of the Central Penn Business Journal.