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Hot 500
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Stem International Inc.
Engineering and environmental services
Success Secret:
"Planning, perseverance and hard work"
What Is Success?
"Being able to sustain initial success and growing from strength to strength"
Best Advice:
"Stay focused."
Tipping Point:
"Winning large contracts in 2003"
Success Secret
|
What Is Success?
|
Best Advice
|
Tipping Point
Sources of Startup Capital
Friends & family
Venture capital
Bank loan
Private investors
Line of credit
Credit cards
Savings/personal funds
Company Benefits
Health insurance
Flextime
Life insurance
Company car
Telecommuting
401(K)
Tuition reimbursement
Stock options
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Company Details
Location:
Belcamp, MD
Founders:
Chilin Shiva Prakash, 53
Website:
www.stemint.com
Year Started:
July 1998
Initial Investment:
$1K
Turned a Profit:
2001
First Million:
2002
2002 Sales:
$1.8M
2006 Sales:
$14.4M
Number of Employees:
Day 1:
3
2006:
144
2007:
160*
* Projected by 2008
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47
Creative Lodging Solutions LLC
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53
Dixon Group, The
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65
Outcomes Inc.
Health-care data retrieval, auditing and reporting
84
CompleteRx Ltd.
Hospital pharmacy management
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