November 5-9 is National Veterans Small Business Week (NVSBW), an initiative of the U.S. Small Business Administration to celebrate service member, veteran, and military spouse entrepreneurs and business owners across the nation and the incredible impact they have on their communities.
At ICIC, we are well aware of this incredible impact: Of the 100 fastest growing inner-city businesses featured at the 2018 Inner City 100 awards, 9 are veteran-owned and operated.
Service member-run businesses are currently experiencing significant growth rates across the U.S. In the process, they deliver a major boost to local economies – and create thousands of much-needed local jobs.
Today ICIC is proud to highlight the achievements of 4 of these small businesses, recognized as 2018 Inner City 100 award recipients, along with the service members who lead them every day.
City Constructors Inc.
Location: Los Angeles, CA
Bryson Reaume, President
After concluding his active duty military service, Bryson Reaume founded City Constructors, Inc. in 2003 primarily to handle a single large project in downtown Los Angeles. In just 24 months, the business grew from a team of two to more than sixty employees working on multiple projects across the city.
5-Year Growth Rate: 73.00%
2017 Revenue: $22,266,000
Location: Lexington, KY
Scott Matheny, President
Scott Matheny overcame a series of challenges in order to develop relationships with the U.S. Government that eventually enabled him to secure contracts with the Department of Veteran Affairs, Department of Defense, U.S. Army, and U.S. Air Force. His business, a CVE-verified Service-Disabled Veteran-Owned Small Business, provides general contractor and construction management services and specializes in federal contracting.
5-Year Growth Rate: 278.68%
2017 Revenue: $20,036,691
Location: Atlanta, GA
Carlos Lopez, CEO
Of all the lessons Carlos Lopez learned during his twenty years of service with the United States Marine Corps, one in particular especially affected him: always take care of each other. Now the CEO of Caduceus Healthcare, Lopez strives daily to implement this idea for both his employees and his customers.
5-Year Growth Rate: 632.34%
2017 Revenue: $32,322,635
Creative Business Solutions
Location: Washington D.C.
Robert Palmer, CEO
CEO and Founder Robert Palmer truly seeks to empower professionals, including military veterans, to apply their skills in one of CBS’s five core capability areas: financial, program, acquisitions, logistics management, and information technology.
5-Year Growth Rate: 606.35%
2017 Revenue: $25,890,847
To learn more about NVSBW and how you can support the rapidly growing #VetBiz community, visit the U.S. SBA website here.
Learn more about ICIC’s Inner City 100 and nominate a veteran-owned and operated small business here.