Two Louisville firms named to 2021 Fastest-Growing Women-Owned and Led Companies

LOUISVILLE, Ky. — Two Louisville companies were recognized in the 14^th annual ranking of the 50 Fastest-Growing Women-Owned/Led Companies, released this week by the Women Presidents’ Organization (WPO), in collaboration with JPMorgan Chase Commercial Banking.

The companies on this year’s 50 Fastest list span a range of industries, from consumer products to STEM-related fields.

From January to December of 2020, the 50 Fastest-Growing Women-Owned/Led Companies generated a combined $4.1 billion in revenue and collectively employed more than 24,000 people.

TKT & Associates was ranked No. 4, while Cuddle Clones came in at No. 50.

“This year’s honorees exemplify the commitment, determination and ingenuity that is necessary to thrive in today’s environment,” said Thelma Ferguson, managing director and northeast segment head at JPMorgan Chase Commercial Banking. “These exceptional women are living proof that necessity is the mother of innovation. Today, we are proud to support 50 extraordinary leaders who are redefining their industries and driving global economic growth.”

Founded in 2006 by Tierra Kavanaugh, TKT & Associates is a certified, minority and woman-owned workforce strategy, staffing and workforce development firm specializing in supplier and workforce diversity management, full-service workforce solutions and spend management services.

Cuddle Clones is a custom plush manufacturer in Louisville that makes replicas of its customers’ pets, along with other products. It was founded by Jennifer Williams and Adam Greene.

To qualify for the ranking, businesses are required to be privately held, woman-owned or -led, and must have reached annual revenues of at least $500,000 in each of the past five years. Applicants were not required to join or be members of the WPO. All eligible companies were ranked according to a sales growth formula that combines percentage and absolute growth.

More about this year’s 50 Fastest-Growing Women-Owned/Led Companies:

• Average honoree age: 49
• 74% started with their own funds
• 66% do business globally and another 18% plan to go global in the future
• 76% do business with Fortune 1,000 companies
• 76% delivered new product or service lines within their traditional portfolio as part of their growth strategy in response to the COVID pandemic

The 50 Fastest-Growing Women-Owned/Led Companies companies are being honored during a luncheon and ceremony at the WPO Annual Conference on Oct. 5 at the Grand Hyatt in Nashville.

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50 Fastest-Growing Women-Owned/Led Companies: