Press Releases

JEDCO business incubator graduate recognized on Inc. 5000 list of fastest growing private companies in U.S.

(Jefferson Parish, La) — The Jefferson Parish Economic Development Commission (JEDCO) would like to congratulate Global Commerce & Services on their newest achievement. The company was recently awarded position #219 on the 2014 Inc. 5000 list of fastest growing private companies in the nation.

This award-winning information technology company graduated from JEDCO’s business incubator program in June 2014. According to a letter from Eric Schurenberg, President and Editor in Chief of Inc. magazine, Global Commerce & Services had to grow more than 942% since 2011 to make it onto this year’s prestigious list. In fact, Global Commerce & Services grew 2,041% in the last three years, bringing in $3.5 million in revenue in 2013 and creating 11 new jobs. The company was also ranked #3 on Inc.’s Top Louisiana Companies list and #15 on the Top Government Services Companies list.

Founded by Joaneane Smith, Global Commerce & Services was fostered through the JEDCO business incubator program. In its time with JEDCO, the local company extended its reach across America. It has proven itself as a leader in information technology services, serving a variety of national clients, including the U.S. Department of Agriculture, Department of Navy, Department of Army, the Business Transformation Agency and the Defense Information Systems Agency.

Smith has been recognized on numerous occasions for her work in the IT industry. She was awarded the 2010 and 2011 USDA Office of Procurement and Property Management Hubzone Contractor of the Year. Joaneane Smith was also named the 2011 SBA District Minority Small Business Person of the Year – Louisiana District. Smith was featured on “Inside Business,” a live broadcast that focuses on emerging small business concerns and in 2013, she participated in a Washington D.C. Senate hearing to discuss how the government furlough affected her company. Joaneane is also a graduate of the Goldman Sachs 10,000 Small Businesses Program at Delgado Community College. Today, Smith and her team can add their spot on the Inc. 5000 to a long list of achievements.

I am deeply honored to be selected for the Inc. 5000 list this year,” Smith says. “I am also thankful for the privilege to be recognized for our growth and hard work.”

Jefferson Parish companies had an excellent showing on the Inc. 5000. The below companies also earned spots on the list, joining the ranks of notable alumni, such as Under Armour, Microsoft, and Patagonia.

#52 MaxHome: This Elmwood-based company not only made the Inc. 5000 list, but it also ranked #1 on the Top 20 Construction Companies list and #2 on the Top Louisiana Companies list.The company grew 5,439% in three years, creating 47 new jobs and bringing in $5.7 million in revenue in 2013. MaxHome specializes in home remodeling.

#1441 Hunt Telecommunications: Hunt, a local IT company based out of Metairie, grew 296% in three years and was #14 on the list of Louisiana companies that made the Inc. 5000. The company brought in $16.3 million in 2013 and created 46 jobs over the last three years.

#2679 AAC Enterprises: A regular on Inc.’s fastest growing company list, AAC Enterprises has appeared on the list five times since 2010. AAC Enterprises ranked #19 on the Top Louisiana Companies list this year. The Fat City-based company has grown 140% in three years. AAC won JEDCO’s 2012 Small Business of the Year Award. It also received the SBA Exporter of the Year Award in 2013. In the last three years, the company has created 13 jobs. It brought in $4.6 million in revenue in 2013.The company specializes in designing and selling custom-made lights for automobiles.

#3025 Tasc Performance: This Metairie-based apparel company grew 118% over the last three years. It added seven jobs since 2010 and brought in $5.4 million in revenue in 2013.

“We are delighted to learn of the successes achieved by our former incubator tenant, Global Commerce & Services, and all of our Jefferson Parish companies,” says Jerry Bologna, JEDCO Executive Director. “The Inc. 5000 has a long history of highlighting exceptional growth and successes. To be featured on this list speaks volumes to the hard work and dedication fostered within our local businesses. We would like to extend our congratulations to all of the Jefferson Parish companies on the list. The honor is much deserved.”

All companies featured on the Inc. 5000 will be honored at the Inc. 5000 Conference and Awards Ceremony in Phoenix, AZ in October.