Companies to watch: Grand Junction firms among finalists for awards

Three Grand Junction firms are among the latests finalists for annual awards honoring fast-growing Colorado companies.

Bonsai Design, Networks Unlimited and ProStar Geocorp are all finalists in the Colorado Companies to Watch Program.

The 100 finalists will be considered for 50 awards scheduled for presentation at a June 23 gala in Denver.

The Colorado Office of Economic Development and International Trade joined with the Edward Lower Foundation to launch the program to honor so-called second stage companies for their innovative products, unique processes and performance in the marketplace as well as their philanthropic efforts. To participate, firms must be privately held, headquartered in Colorado, employ the equivalent of six to 99 full-time employees and generate $750,000 to $50 million in annual sales or working capital.

Rick Ninneman, chairman of the Colorado Companies to Watch board of directors, said second-stage companies have evolved beyond the startup stage to experience growth in revenue and staffing. “We are proud to recognize the contributions of second-stage companies in Colorado that often work behind the scenes creating the bulk of economic growth in our state.”

The winners of the 2016 Colorado Companies to Watch awards generated a total of $503 million in annual revenue and employed the equivalent of 1,913 full-time employees.

Timberline Bank, a community bank with three locations in Western Colorado, was among the 2016 award winners. Other past winners from the Grand Valley include Frank Henry Equipment, Mountain Racing Products and JG Management Systems.

Bonsai Design designs, builds and installs adventure courses and ziplines for customers around the world.

Bonsai Design recently entered into negotiations with the City of Grand Junction over incentives to make the company the anchor tenant of a new business park proposed for south of downtown. The owners of Bonsai Design expect to invest $2 million in new facilities at the site and hire 15 additional employees to bring its staff up to 50.

Bonsai Design was a runner-up in latest Wright Awards program conducted by Something Independent. The Denver-based coalition promotes entrepreneurism through a variety of programs.

Networks Unlimited offers a range of information technology services as well as computer and networking sales and support.

Networks Unlimited ranks among the top 100 cloud services providers in the latest results of the Talkin’ Cloud 100 and ranks among the top managed service providers in the Managed Service Provider 500. The company also ranks among the top IT firms in North America on the Tech Elite 250, a list based on the technical certifications they’ve earned.

ProStar Geocorp combines geographic information systems and data to offer computer software and services to the pipeline and utility industries. The software and services help customers manage infrastructure whether it’s displaying, collecting, storing or using information about the location of pipelines, fiber optic cables or other facilities.

ProStar Geocorp was among the first companies in Colorado to participate in the Rural Jump-Start Program offering state and local tax incentives. The company also received a $250,000 grant awarded through the Advanced Industries Accelerator Program.

Page Tucker — founder, president and chief executive officer of ProStar Geocorp — was among the latest winners of 10 Apex Awards presented by the Colorado Technology Association. Tucker won the award for entrepreneur excellence.

The Business Times has served as the definitive source for Grand Junction business news since 1994. The journal offers news, views and advice you can use twice each month in print with daily updates online at www.TheBusinessTimes.com
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