Richmond-based Astyra Corp. is one of the nation's fastest-growing inner-city small companies in new rankings from the Initiative for a Competitive Inner City and Fortune Magazine.
The company, a staffing firm founded by two former Old Dominion University classmates, ranked No. 29 on the 2012 Inner City 100. The list recognizes fast-growing inner-city businesses for entrepreneurship, innovation and job creation in urban communities.
"It re-affirms our commitment to being in the city and staying in the city," said Kenneth E. Ampy, Astyra's chief executive officer.
Astyra was founded in 1991 as Automation Concepts by Ampy and Sam Young Jr., the company's president. Based in downtown Richmond, the company provides information technology consulting and staffing. Ampy said it has about 120 employees.
"We have always wanted to be in the city and, specifically, we have always wanted to be downtown," Ampy said. "It is nice to know there is an organization out there that is recognizing businesses that stay in the city."
Astyra is the only Virginia company on the Inner City 100 this year. Ampy attributed the growth partly to more businesses using contingent labor during the economic downturn and also to the Richmond area's cohort of Fortune 500 companies. "We do work with them," he said.