Lance and Lisa Ferden, co-founders of Integrated Database Systems, Inc. have been selected by the Central Michigan University Research Corporation Board of Directors as the 2014 Entrepreneur of the Year.
“The Ferdens stood out to the board based on their commitment to the community, their company’s growth, and job creation,” said CMU President George E. Ross, who also chairs the CMURC board. “It is individuals like them that take the risks necessary for success in today’s economy.”
Candidates are assessed on recent financial performance, job creation and retention, and must also demonstrate core values consistent with CMURC and stakeholders. Those include integrity, respect, compassion, inclusiveness, social responsibility, excellence, and innovation, commitment to the community, strategic direction and company leadership.
“Through the Ferdens exceptional vision and leadership, they continue to evolve and have developed an international presence,” said President and CEO of CMURC Erin O’Brien. “Supporting over 3,500 users globally their headquarters could be anywhere, yet they remain right here in the Great Lakes Bay Region.”
Lisa and Lance will be honored at the Central Michigan University College of Business Administration’s New Venture Competition awards dinner on March 27 at McGuirk Arena