The 2020 Progress Awards Winners

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Each individual yr, Canadian Small business has highlighted the entrepreneurial leaders of Canada as a result of the the Progress List—a rating of established businesses on 5-year revenue expansion and startups on two-calendar year revenue development. Formerly regarded as the Advancement 500, the Progress Checklist and Start out-Up Record winners are profiled in a unique print challenge of Canadian Enterprise revealed with the December concern of Maclean’s journal. 

“Despite turbulence, the 2020 Progress Checklist businesses confirmed resilience, spirit and, most importantly, empathy and powerful leadership,” says Susan Grimbly, Progress List Editor. “As we celebrate above 30 decades of the Canada’s Fastest-Escalating Firms software, it is encouraging to see that the coronary heart of Canada’s entrepreneurial group beats solid, even in tricky instances.”

Ranked types consist of, Business Pivot Employer of the Yr Excellence in Variety Female Entrepreneur of the Yr World Small business Philanthropy Service and Technological innovation Trailblazer. 

“The award-profitable business people are fleet, unbelievably imaginative and creative and genuinely passionate,” sys Grimbly. “They exhibit these attributes, from their major progress in 2019, their resilience in 2020, and their wonderful management, going into 2021. As these types of, they stand like goliaths earlier mentioned the crowd.” 

In this article are this year’s winners:


Swiftest Expanding Enterprise Award 
Marlin Spring

Benjamin Bakst, CEO & Co-founder / Elliott Kazarnovsky, CFO & Co-founder

This Toronto-centered growth and expense organization has promptly established itself as a juggernaut in a competitive sector. Gross sales revenues grew by a whopping 57,144%, from 2014 to 2019. Succeeding in advancement, Benjamin Bakst, CEO & Co-founder, says, is about a lot more than putting up structures. It’s about knowing the market place and how the distinct sectors (household, industrial, rental) notify each and every other. Strategic investment decision in rental qualities across North America adds to the company’s lustre. “We do have a specialty,” notes Bakst. “It’s value-add genuine estate.” 


Fastest Developing Commence-Up Award
Steel River Team

Trent Fequet, Founder & CEO 

Right after performing in the mining and design sectors in Northwestern Canada, Founder & CEO Trent Fequet commenced crafting a organization prepare for a firm that could function for energy giants, but also provide work for Indigenous peoples. He released Metal River Group in 2017. Calgary-primarily based Metal River Group has established impressive partnerships with both construction giants and Initially Nations teams, leading to incredible expansion. This year’s Get started-Up winner offers two-year earnings expansion of 8,662% because 2017.


Business Pivot Award
CoPilot AI

Henry Bee CEO, Co-founder / Jesse Chen, CTO, Co-founder

This award celebrates an entrepreneur whose authentic strategies could be very good, but could not prosper possessing to sniff for the path to good results. Vancouver-based mostly CoPilot began as a FinTech but recognized their customers—financial advisors—needed earnings-building revenue qualified prospects. They experimented with numerous formats till building the CoPilot Prospecting Dashboard (CPD). In February 2018, CoPilot AI rocketed from $5,000 a thirty day period in profits to $30,000. Even then, they struggled, whacked by challenges of expanding too fast. A testament to courage.


Employer of the 12 months Award
Ahava Digital Team

Dr. Janét Aizenstros, Chairwoman & CEO

“Ethical” lives in Ahava’s electronic-advertising company’s DNA, from giving ethically verified consumer details, to commanding a girls-led consultancy “that allows change the point of view of Fortune, B-businesses and media companies to mature associations with gals individuals in an intuitive way.” Dr. Aizenstros supports and promotes her 300-sturdy workforce by way of BIPOC initiatives and a full slate of gains: from worker share-ownership ideas and bonuses tied to specific performance to a formal profession-organizing method and parental go away leading-up/childcare subsidies. 


Excellence In Variety Award
KW Signs 

Amad Abdullah, President / Mueen Abdullah, Director / Nomar Abdullah, Director

The Excellence in Diversity Award celebrates a company whose diversity initiatives produce an inclusive worker tradition. KW Signals, a massive manufacturer of metal indicator frames that supports about 350 distributors across Canada and the United States, features 26 BIPOC staff members who communicate 13 languages among the them, and thinks it’s that variety that makes it possible for the business to swiftly hire terrific expertise. KW runs mentorship initiatives in the Kitchener-Waterloo location, helping them connect with a sturdy position-seeker pool and encourages varied using the services of.


Female Entrepreneur of the Year Award
Cook dinner It

Judith Fetzer, CEO

Judith Fetzer of Prepare dinner it, a Montreal-dependent food prep support, has constructed a flourishing organization through acumen and agility. The authentic 2014 à la carte model shifted to a membership-primarily based model in 2016 (tripling gross sales). Specified the exponential increase in desire throughout the quarantine financial state, the workforce alone grew to become the obstacle. With about 200 workers in early March, Cook dinner it hired an exterior recruiting committee, who hired more than 300 new “distance candidates”.  Though revenue revenues soared, Fetzer experienced to recraft enterprise society on the fly, introducing new initiatives, to enable workforce prosper.


World Organization Award
STEMCELL Systems

Allen Eaves, CEO

STEMCELL Systems develops specialty mobile culture media, cell isolation methods and accent items for analysis in dozens of fields. It delivers 2,500 solutions straight to 22 nations and through a world community of distribution centres to 90 other nations. Vancouver-primarily based STEMCELL has a plainly thought-out method for worldwide expansion and it is obtained the access to prove it. By 2030, worldwide gross sales are projected to be $1 billion, with an believed 5,000 employees. 


Philanthropy Company Award
D-Squared Design

Domenic Madonna, CEO & Owner / Charles Deponte, Owner

This firm has a keep track of record of deep involvement in its neighborhood. In the spring, D-Squared Building pledged $25,000 worthy of of reduction, inquiring people in want to fall a limited story in their DM’s describing their issues. Amounts ranging from $1,000 to $2,500 had been handed out. Via the hashtag #SPREADTHELOVE, they encouraged other enterprises to jump in, far too. Additional, in its specific software “Pave the Way”, D-Squared will help youth instantly in Ottawa (in partnership with United Way). Now in its third yr, Pave the Way has expanded with a method known as Critical Hours, supporting at-possibility youth in 10 of Ottawa’s most at-danger neighbourhoods. 


Technology Trailblazer Award
Ecopia.AI

Jon Lipinski, Co-Founder & President / Yuanming Shu, Co-Founder & CEO / Shuo Tan, Co-Founder & CTO

Dr. Yuanming Shu questioned: How can AI educate a laptop to interpret geospatial imagery like a human? He developed the main mapping engineering, which “uses details from satellites, cellular telephones, drones and air imaging sensors to paint an information and facts-abundant photo of our globe,” founding Ecopia.AI in 2013 with Shuo Tan and Jon Lipinski. The target: To create the 1st total map of our entire world, in authentic time. This remarkable achievement has significantly-achieving implications for the producing environment, the place NGO and humanitarian corporations operate without the need of correct information and facts about their geography. 


Many thanks yet again to our incredible sponsors for producing the Progress 2020: CEO Summit probable: Presenting sponsor, Salesforce, Group sponsor, BDC, Awards sponsor, Johnnie Walker Blue Label and Gifting sponsor, Herbaland.



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The 2020 Progress Awards Winners
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