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Valentine Lands on Michigan 50 Companies to Watch 2019 Award

Valentine Distilling Co. Wins 2019 Michigan 50 Companies to Watch Award from Michigan Celebrates Small Business

Ferndale, MI Valentine Distilling Co. has won a 2019 Michigan 50 Companies to Watch award from Michigan Celebrates Small Business (MCSB), the most prestigious, small-business awards program in the state of Michigan. Michigan Celebrates Small Business recognizes small businesses in a variety of different industries and fields whose growth supports Michigan’s economy. The mission of the program is to honor and recognize Michigan’s small business people as well as those champions and advocates that support them.

“We are proud to be selected for the Michigan 50 Companies to Watch award and be a part of a supportive entrepreneurial culture. As the growth of Valentine Distilling Co. continues, we hope to leave lasting and positive impressions, not only on each customer, but on the next generation of entrepreneurs as well,” said Rifino Valentine, Founder and President of Valentine Distilling Co. 

The Michigan 50 Companies to Watch recognizes 50 companies that are high-potential, second-stage companies in Michigan.

To be considered for selection as one of the Michigan 50 Companies to Watch, the enterprise must have met the following criteria for the year ending 2018.

  • Be a privately held, commercial enterprise that has not received the award in the past (not a nonprofit, not publicly traded, not a subsidiary or division of another company).

  • Be past the startup stage and facing issues of growth, not survival.

  • Employ 6-99 full-time equivalent W-2 employees (including the owner).

  • Have between $750,000 and $50M in annual revenue or working capital from either investments or grants.

  • Be headquartered in Michigan.

  • Demonstrate the intent and capacity to grow based on:

o   Employee or sales growth.

o   Sustainable competitive advantage.

o   Other notable successes.

“We at the Michigan Celebrates Small Business organization are proud to recognize these exceptional companies. They are a tremendous part of Michigan’s success, and we are excited to see what the future holds for them,” said J.D. Collins, State Director of the Michigan Small Business Development Center and a member of the Michigan Celebrates Small Business Board of Directors. 

Winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development, and venture capital communities. The selected companies also go through a rigorous due diligence process.

The 2019 Michigan Celebrates Small Business awards gala will be held on Wednesday, May 8 at the Breslin Center in East Lansing. Small business owners and supporters come from across the state to show their support for the awardees and support Michigan’s growing companies.

Louis Davis