Canadian Business and PROFIT today ranked Stiris Research Inc. No. 454 on the 27th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
“The PROFIT 500 represent the highest tier of entrepreneurialism in Canada,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “They should be lauded for the positive economic contributions they’ve made to their communities—and the entire country. They are examples of what can be accomplished with innovation, discipline and determination.”
“It’s a great idea. It’ll never work, but it’s a great idea. During our first year in business, I heard those words said to me time and time again,” says CEO Shantal Feltham. “Nobody wanted to take a chance on us. We were new, we were innovative, we were addressing their unmet needs, and they were afraid to take a chance on us. Just as we were running out of start-up capital, it happened. Someone took a chance on us! And oh how we’ve grown from there. It is an honour to be on the PROFIT 500 ranking. Congratulations to my fellow recipients of this award. Thank you to my team, and our clients, for believing in us and entrusting us.”
In addition to this year’s PROFIT 500 ranking, Stiris Research has been included on the PROFIT Hot 50 and the PROFIT W100 lists. This is the seventh time Shantal and her team have been recognized by the magazine.