Innovative Learning Group watched its revenue jump 35 percent in 2011 and the downtown Royal Oak-based company is on track for similar gains this year.
That growth for the education company is coming on the heels of it signing seven new clients in a number of new industries, including the financial and manufacturing sectors. "They are all very large," says
Lisa Toenniges, CEO of
Innovative Learning Group. "Fortune 500 companies."
That growth has allowed
Innovative Learning Group to hire three new people over the last year, expanding its staff to 14 people. Toenniges expects to hire more people over the next year on continued growth prospects. That would prompt her to look for a newer, bigger space in the area.
She attributes this growth to her 8-year-old company cementing its reputation with larger firms in recent years by allowing them to use and test her company's products.
"They can see firsthand that they're top-notch," Toenniges says. "They can see our reputation growing."
Source: Lisa Toenniges, CEO of Innovative Learning Group
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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