(Editor's note: This report was updated at 2:50 p.m. with comments from TerraCycle Inc.)
TerraCycle Inc., the Trenton-based recycler of nontraditional waste products, has been named a finalist in the U.S. Chamber of Commerce’s “Dream Big Small Business of the Year Award” competition, the chamber announced recently.
TerraCycle is one of 17 finalists chosen from around the country, recognized for their achievements and contributions to American economic growth. Winners will be announced at a Sept. 12 ceremony in Washington, D.C., that is part of the 2017 Small Business Summit. In addition, finalists are entered in an online vote for the Community Excellence Award, aimed at acknowledging companies that use leadership and engagement to positively impact the quality of life in their community.
"We are honored to be listed by the U.S. Chamber of Commerce as a finalist for their Small Business of the Year award," company spokesperson Lauren Taylor told NJBIZ in a statement. "We love what we do, so it is a thrill to be recognized for the work we do every day."
The chamber said this year’s award, presented by MetLife, received a record number of applicants.
“Small businesses are a critical and vibrant segment of the U.S. economy,” Thomas J. Donohue, CEO and president of the chamber, said in a prepared statement. “Despite the challenges they face, small business owners never stop innovating, taking risks, working hard and dreaming big.
“These finalists and their small businesses strengthen their communities and local economies. The chamber is proud to honor these outstanding companies, which together represent what’s possible in our free enterprise system. They are a reminder that there is nothing small about small business.”
TerraCycle founder Tom Szaky was recently named one of the NJBIZ Forty Under 40 winners for 2017.
The U.S. Chamber of Commerce is the world’s largest business federation, representing more than 3 million businesses and agencies around the country.