Initial Outfitters named to fifth annual Bulldog 100: Fastest Growing Bulldog Businesses
ATHENS, Ga.”“ Initial Outfitters, based in Auburn, Alabama, was recognized as the No. 55 fastest growing business owned or operated by a University of Georgia graduate during the 2014 Bulldog 100 Celebration on January 25 at the Marriott Marquis in downtown Atlanta.
Initial Outfitters, owned and founded by 1990 UGA alumnus Alicia Storbeck, specializes in monogrammed jewelry and gifts sold by independent consultants across the country in a home party setting.
“œMany families today need a source of additional income, and the phenomenal growth that we are experiencing shows that our business opportunity is providing that and more to our consultants in a meaningful way. To be recognized for our growth is exciting for our entire team, as it speaks to the talent, dedication, and heart that each person has poured into Initial Outfitters to make it successful,” Storbeck said.
The Bulldog 100, coordinated by the University of Georgia Alumni Association, recognizes the 100 fastest growing businesses owned or operated by UGA alumni. For the fifth year in a row, Warren Averett CPAs and Advisors partnered with the UGA Alumni Association to review financial records for each nominated business and determine the ranked list.
Nominations for the 2014 Bulldog 100 were accepted between January and May 2013. To be considered for the list, each organization must have been in business for at least five years, experienced revenues in excess of $100,000 for the calendar year 2010, and be owned or operated by a former UGA student who owns at least 50 percent of the company or be the CEO, president or managing partner. The Bulldog 100 recognizes the fastest growing businesses regardless of size by focusing on a three-year compounded annual growth rate.
More than 800 nominations were received for the 2014 Bulldog 100. The class includes companies of all sizes, providing services and products in a variety of industries, including advertising, staffing, real estate, pest control and mixed martial arts. Companies as far west as Texas and Kansas, and as far northeast as New Jersey, made the list this year.
The 2014 Bulldog 100 Celebration recognized the 100 businesses and 139 alumni who lead those companies on January 25 at the Marriott Marquis in downtown Atlanta. The evening began with a reception, followed by dinner and the awards ceremony. Smallbizclub.com founder, 1961 UGA graduate and hall of fame quarterback, Fran Tarkenton, served as the keynote speaker.
The 2014 fastest growing business was Social Empowerment Center, founded and owned by UGA graduates and husband and wife duo, Rachelle and Edward Hutchinson. Located in Lawrenceville, Ga., Social Empowerment Center was established in 2012 and offers support to families in crisis, including mental health and indigent services. This was the company’s first appearance on the Bulldog 100. Rachelle D. Hutchinson, a 2000 graduate of UGA’s School of Social Work, is the first minority and the first female business owner to lead the No. 1 company since the program began in 2010.
“œThe UGA Alumni Association is pleased to have hosted another successful Bulldog 100 Celebration as the program celebrates its fifth year recognizing top alumni business leaders,” UGA Executive Director of Alumni Relations Deborah Dietzler said. “œThis is always a well-attended event and the competition to make the Bulldog 100 list each year continues to grow.”
To view the complete list of the 2014 Bulldog 100, photos from the event and 2015 sponsorship information, visit www.alumni.uga.edu/b100. Nominations for the 2015 Bulldog 100 will be accepted until May 31, 2014, at that website.
The UGA Alumni Association
The UGA Alumni Association supports the academic excellence, best interests and traditions of Georgia’s flagship university and its more than 280,000 alumni worldwide. For more information, see www.alumni.uga.edu.