Louisville, Kentucky, September 27, 2016 – Monday evening, Cuddle Clones received a Fast Innovation Award from Greater Louisville Inc.’s EnterpriseCorp. Twelve of the region’s most innovative up-and-coming companies were honored at Passalino’s.

The “HOT” and “FAST” companies are chosen by GLI’s EnterpriseCorp, the Louisville office of the Kentucky Innovation Network. These companies exemplify high-potential, innovative work being done throughout the region’s entrepreneurial community. Past winners include stand-outs such as 21c Museum Hotels, GearBrake, and Red e App.

The companies honored at the Hot & Fast Innovation Awards, sponsored by Dean Dorton and Hilliard Lyons, are homegrown, early-stage and fast-growth “gazelle” companies that GLI’s EnterpriseCorp believes are positioned to continue growing and improve Greater Louisville’s economy.

2016’s Hot & Fast Companies are:

Hot Companies

Beyond Zero Inc., FreshFry LLC,  Mailhaven Inc., Stinger Equipment Inc., Switcher Studio, Virtual Peaker Inc.

Fast Companies

Bourbon Barrel Foods LLC, Capture Higher Ed LLC, Cuddle Clones LLC, Edumedics LLC, El Toro LLC, Rivera Group

The criteria used in this year’s selection of six FAST Companies included high-growth companies that are increasing their revenues by at least 20% annually for three years or more, starting from a revenue base of at least $1 million. This growth pace means that the companies selected have effectively doubled their revenues.

About EnterpriseCorp

EnterpriseCorp is the entrepreneurial arm of Greater Louisville Inc. (GLI) – the region’s leading economic development organization and the Louisville Regional Office for the Kentucky Innovation Network (KIN). GLI’s EnterpriseCorp is dedicated to building a vibrant entrepreneurial ecosystem and culture for early-stage and fast-growth companies. For more information, visit www.EnterpriseCorp.com.

About Greater Louisville Inc.

Greater Louisville Inc. – the Metro Chamber of Commerce is where regional business leaders come together to accelerate business competitiveness, economic growth, and job creation in the Greater Louisville region.  The region’s largest business leadership organization, GLI leads economic and global outreach strategies focused on business attraction; nurtures the entrepreneurial eco-system and fast-growth companies; and champions the development of the community’s talent base.  As the voice of the business community, GLI advocates for a pro-business environment and facilitates business leadership engagement on issues that impact regional competitiveness.  For more information, visit www.GreaterLouisville.com.