Creative Water Solutions
August 11, 2008 at 4:37AM
Business: Creates and markets moss-based water-conditioning products to inhibit bacteria growth in hot tubs and pools.
Founded: 2001
Headquarters: Plymouth
Web: www.cwsnaturally.com
Employees: Four
Executives: David Knighton, co-founder, chairman of the board; Vance Fiegel, co-founder, chief science officer; Allan Schwartz, president and COO
2008 revenue: Estimated $150,000 to $175,000; projected $600,000 in 2009
Strategy: Increase product awareness in the industry, develop new products, continue research into their products' effects on biofilm
VICI ENTERPRISES
Business: Publishes the Alumni Advisor and the recently acquired uGuide, aimed respectively at graduating and incoming college students.
Founded: 2005
Headquarters: Minneapolis
Employees: One
Executives: Nick Beste and Kevin Carlow, co-owners
2007 revenue: $34,000; projected 2008 for Alumni Advisor only: $250,000
Strategy: Expand to other campuses, streamline processes and procedures, look for acquisitions outside publishing
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But participants in the annual Investors Roundtable also believe markets will end the year with growth, as President-elect Donald Trump’s policies come into focus and trends like AI continue.
