With a new corporate headquarters in the works, its first acquisition and a CEO who was named Entrepreneur of the Year by Ernst & Young, Mercury is flying high this year.
Now the company has another recognition to add to its list. On Wednesday, Mercury was named Technology Company of the Year by the Colorado Technology Association.
More than 50 companies, including Comcast Colorado and GoDaddy.com, were nominated for the award.
The award is given to a company that has set itself apart “as a leader in its market segment and demonstrates this through the creation of innovative products, profitability and strong commitment to the community,” according to the award description.
The Colorado Technology Association excels at building communities around the technology industry in Colorado, Mercury CEO Matt Taylor said. Mercury is a Durango-based payment-processing company.
The fact that Mercury won the award, “celebrates this idea that innovation can happen off the grid,” Taylor said. “A company can exist in a place like Durango and compete with companies in more established markets with potentially easier resources.”
The various recognitions Mercury has received provide a boost to the whole region, said Roger Zalneraitis, executive director of the La Plata County Economic Development Alliance.
“Anytime we have companies that win awards, it is beneficial for us as a region from an economic-development perspective. We can point to them as success stories,” Zalneraitis said. “We can point to (awards like Technology Company of the Year) and say we’re not just out here drilling for gas.”
The Economic Alliance points to Mercury when it talks to businesses looking to locate here, he said.
Mercury demonstrates “you can do it, too, and we have the resources to grow these types of companies out here,” Zalneraitis said.