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Educational Directories Unlimited Named to Inner City 100 for Second Consecutive Year

Strategic Insights

— 1 min read

Chester, Pa. based company, Educational Directories Unlimited, Inc., has been named to the Inner City 100 for the second consecutive year, ranking 62nd among the fastest growing businesses in the country. The company's online directories provide education-related information and connect students with college-level academic programs. With a growth rate of 274 percent over the 1998-2001 period, Educational Directories Unlimited has demonstrated its ability to thrive in an urban environment, even in a difficult economic climate.

Key Takeaways:

  • Educational Directories Unlimited, Inc. has been named to the Inner City 100 for the second consecutive year, ranking 62nd among the fastest growing businesses in the country.
  • The company's online directories, including GradSchools.com, StudyAbroad.com, EducationforAdults.com, and CollegeAbroad.com, provide education-related information and connect students with college-level academic programs.
  • Educational Directories Unlimited has a growth rate of 274 percent over the 1998-2001 period, earning it a spot in the top 100 of the Inner City 100.
  • The company's founder and CEO, Mark Shay, attributes its success to the talents of its staff and the support of its community.
  • Mayor Wendell N. Butler, Jr. of Chester, Pa. celebrates the company's success, noting that economic development in urban areas is crucial for city growth and prosperity.
  • The Inner City 100 is a joint venture of Inc Magazine and the Initiative for a Competitive Inner City (ICIC), and is sponsored nationally by Merrill Lynch.

Statistics:

  • The Inner City 100 boasts an average annual growth rate of 872 percent for the five-year period of 1998-2002.
  • The companies honored for being part of the 2004 Inner City 100 were selected from more than 7,000 nominations.
  • Companies from 155 cities, including Chester, Pa., were nominated, with at least 51 percent of their operations located in economically distressed urban areas.
  • The Inner City 100 requires companies to have sales of at least $150,000 in 1998 and an excess of $1 million in 2002.
  • Educational Directories Unlimited's growth rate over the 1998-2001 period was 274 percent, earning it a spot in the top 100.

Sources:

  • PR Newswire
  • Inc Magazine
  • Initiative for a Competitive Inner City (ICIC)
  • Merrill Lynch
  • Educational Directories Unlimited, Inc.

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