Foit-Albert Associates Named One of Nation’s Fastest-Growing Firms in Under-Resourced Communities
Foit-Albert Associates, Architecture, Engineering and Surveying, PC has been named a winner of the 2021 Inner City 100 (IC100) awarded by Initiative for a Competitive Inner City (ICIC). Since 1999, ICIC has identified and celebrated the 100 fastest-growing businesses in under-resourced communities in the U.S. through the IC100 award. The 2021 IC100 winners were evaluated based on revenue growth during the four-year period from 2016 to 2020. Foit-Albert Associates, led by President Greg Carballada, was ranked #65 on the list based on its four-year revenue growth rate of 76.45%.
This year’s IC100 list was unveiled during an awards ceremony at ICIC’s 2021 Annual Conference held virtually on December 9.
“Recording financial growth year over year is a significant accomplishment,” said ICIC CEO Steve Grossman. “The Inner City 100 class of 2021 sustained their momentum amid the unprecedented challenges faced during the pandemic to greatly expand their respective businesses’ revenue – a tremendous accolade to be celebrated.”
Grossman added, “These firms have been engines of job growth and a healthy, inclusive economy in these incredibly challenging times. They have also been actively engaged in strengthening their communities by donating their time and resources to local organizations and charities. We are truly inspired by our IC100 winners.”
Foit-Albert Associates encourages employees to engage in activities that promote diversity and grow connections between the professions and the local community. Employees serve on the Erie County MWBE Advisory Committee, local not-for-profit boards, and the AIA-WNY MWBE Committee, working to increase opportunities for workforce diversity within its regional Architecture/Engineering community. The firm sponsors and participates in Bridge to Enter Advanced Mathematics (BEAM) and the American Council of Engineering Companies (ACEC) Future Cities programs. Staff members also speak at Buffalo Public Schools to introduce technical professions to a diverse student body and work closely with high school students in the ACEC program. Recruitment at multicultural job fairs provides greater opportunity for new diverse professionals.
Learn more about the 2021 Inner City 100 at www.icic.org.