For the last three years, Venture Forum has solicited nominations for companies in our community who have the potential to be significant contributors to the area’s future economy. This year, we are thrilled to announce that Solvaria has been included in that list of nominees in the Growth category. The Growth category encompasses companies who are poised for big growth or have shaped major innovation in Richmond, and who generate significant positive cash flows or earnings, which increase at significantly faster rates than the overall economy. A growth company tends to have very profitable reinvestment opportunities for its own retained earnings.
The top three winners will be announced in October, but we are humbled and proud to be nominated by our peers as part of this group of businesses.