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SBA names Five Nines Tech Group Nebraska Small Business of the Year

Congrats to James Bowen, Nick Bock, and their team at Five Nines Technology Group in Lincoln for being named the Nebraska Small Business of the Year for 2010 by the U.S. Small Business Administration. You may remember last year, Five Nines was reccognized as one of the 500 fastest-growing private companies in America…

Congrats to James Bowen, Nick Bock, and their team at Five Nines Technology Group in Lincoln for being named the Nebraska Small Business of the Year for 2010 by the U.S. Small Business Administration (SBA).

The information technology firm was nominated for the honor by Marisol Rodriguez, director, Nebraska Business Development Center in Lincoln.

Also, you may remember last year, Five Nines was recognized as one of the 500 fastest-growing private companies in America by Inc. Magazine.

Here are some highlights from the press release that was sent to us earlier this month:

  • An SBA-backed line of credit from Cornhusker Bank in December 2008 was crucial to drive continued growth of a small business that has to date retained more than 95 percent of its clients.
  • From their two locations in Lincoln and Omaha, and with their 25-person team, Five Nines has successfully leveraged information technology resources to help more than 250 area companies reach their business objectives.
  • Five Nines enjoyed a 71 percent increase in revenues its first year before hitting 100 percent growth in 2008.

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