With tomorrow (April 27) as the final entry deadline for The 2011 American Business Awards (you'll find the entry kit online), we thought we'd inspire those of you working feverishly to prepare your entries with a tale of one of last year's Stevie Award winners, to show you that your hard work can pay off.
Nutricap Labs of Farmingdale, New York, received a Stevie Award for Best Overall Company of the Year-Up to 100 Employees in the 2010 ABAs. Here we profile the company and its founder, Jason Provenzano.
Jason Provenzano, president and founder of Nutricap Labs, founded the company in 2003. Yet despite the lagging economy, this startup company has achieved revenue growth in excess of 2,900% since 2005, with annual sales reaching $16.2M in 2010.
In accepting the Stevie Award last June, Provenzano said: "This award represents all of the hard work that I and my team have put into our company over the last eight years. I truly believe that we have the best company and the best people at Nutricap Labs, and this award is proof of that."
The company bases its success on services that go beyond the basic manufacturing of their products. These include:
Turnkey Solution
Nutricap Labs offers its clients a one-stop-shop that provides the highest-quality manufacturing services, in-house label and packaging design services, and order-fulfillment/drop-shipping services for either wholesale or retail. In conjunction with storing client products in its warehouse, Nutricap Labs’ real-time order-fulfillment system allows clients to place orders via a web
portal, and an in-house packaging team will pack and ship the product directly to their customers. This full-service manufacturing solution not only provides clients with the assurance that their orders are being handled by a reliable, professional team of experts, but also allows them time to focus on marketing and building their own businesses.
Fast Turnaround
Nutricap Labs guarantees that quote requests submitted by customers are turned around in 24 to 48 hours, and products are delivered in as little as two to three weeks. Product advisors work with clients from beginning to end to ensure that the product the client receives meets their exact specifications.
Marketing Support
Nutricap Labs has a team of in-house designers that can assist customers with their graphic design needs. From logo creation to the design and printing of direct mail post cards and product inserts, this team will go the extra mile to make sure that the customers’ products stand out in the marketplace.
Mentoring & Educating
Provenzano is dedicated to educating his peers so they can benefit from his fifteen years of experience in the nutraceutical manufacturing industry. As a member of Vistage, Provenzano meets monthly with other local business owners so that, as a collective, they can solve problems, become better leaders, make better decisions, and achieve better results.
Additionally, in May 2010, Provenzano conducted a webinar designed to educate owners of dietary supplement product lines on the importance of GMP certification that was attended by more than 1,200 people.
Giving Back
“While I’m extremely grateful for the success my company has enjoyed over the years, I believe it is extremely important for any business owner to give back to his or her industry and community,” said Provenzano. “Over the years we have contributed to numerous local and national charities, and my hope is that our efforts have made a positive impact on at least one person’s life.”
Some of the charities that Nutricap Labs has partnered with over the past few years include:
• Vitamin Angels
Nutricap Labs is a proud sponsor of Vitamin Angels, a not-for-profit organization whose mission is to mobilize and deploy private-sector resources to advance availability, access, and use of micronutrients to newborns, infants, and children in need.
• The American Red Cross in Greater New York
Over the past three years, Nutricap Labs has partnered with the American Red Cross of Greater New York to provide food, water, and medical supplies to earthquake victims in Haiti and–most recently–to those affected by the earthquake and tsunami in Japan. As a result of fundraising activities such as casual dress days, bake sales, and cooking competitions, the employees of Nutricap Labs have raised over $1,000 for the people of Japan. Recently, Jason Provenzano announced that at the end of April he would personally match the total amount of money that his team raised.
• Make-A-Wish Foundation
In the spring of 2009, Nutricap Labs partnered with the Suffolk County, New York Chapter of Make-A-Wish Foundation to grant the wish of a local child.
• The Belmont Child Care Association’s (BCCA) Anna House
Nutricap Labs is a proud sponsor of Anna House, a 7,500-square-foot child-care center inside New York's Belmont Park. The BCCA is a not-for-profit corporation dedicated to creating and sustaining a child-care center for the benefit of families working in New York's racing industry.
About Jason Provenzano
Jason Provenzano founded Nutricap Labs in 2003 after he recognized the need for a one-of-a-kind company that could offer turnkey nutraceutical solutions and superior customer service. Nearly a decade later, Nutricap Labs is the only nutraceutical manufacturer that offers manufacturing, packaging, labeling, and
order fulfillment services under one roof. Despite facing stiff competition, Nutricap Labs has built a stellar reputation for itself by providing clients with fast-quote turnaround times and GMP-certified products such as tablets, capsules, softgels, and powders.
Provenzano is a proud member of Vistage and currently resides in Massapequa, New York, with his wife and four children.
About Nutricap Labs
Nutricap Labs is a leading provider of in-house nutraceutical services such as manufacturing, labeling and packaging design, and fulfillment. Founded in 2003 by Jason Provenzano, Nutricap Labs is a two-time Inc. Magazine Inc. 500 honoree and was named the 42nd fastest-growing company in America in 2009. Additionally, Nutricap Labs has partnered with several local and nationally recognized charities such as the Make-a-Wish Foundation, Vitamin Angels, and The American Red Cross in Greater New York.
Want to win a Stevie Award in The American Business Awards as Nutricap Labs did? You won't if you don't enter. You'll find the 2011 entry kit here. Need more time to submit your entries? Request a short deadline extension.