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Awards and Recognition

Gloria Rajkumar wins RBC Canadian Women Entrepreneur of the Year Award

At a gala ceremony in Toronto on November 28, Gloria Rajkumar was presented the prestigious RBC Canadian Women Entrepreneur Award in the Momentum Category. Gloria was among the 18 finalists from across Canada representing a diverse and impressive range of successful women-owned businesses.

This year, more than 3,000 women were nominated in the six categories. The judging panel reviewed more than 150 of those nominations and further narrowed the choices down to three finalists for each category - one from the east, one from central Canada and one from western Canada.

The Momentum category recognizes an entrepreneur who has overcome obstacles and capitalized on opportunities to deliver more than 10% growth year-over-year for more than three years. Through expanded management, empowered employees and demonstrated excellence, this entrepreneur has created a flexible and responsive business that is able to adapt to changing market environments and exploit opportunities for continued growth.

"I am so honoured and proud to have won this award," Gloria said. "I couldn't have achieved this level of success without the love and support of my family. My mother has been an incredible source of inspiration and strength for me, and my son Daniel inspires me every day. I also could not have done this without my incredible team at SIMAC, who work tirelessly every day to provide our customers with the best possible service and highest quality of work."

In a prepared statement Prime Minister Stephen Harper said "tonight you have gathered to honour the achievements of those women who have demonstrated leadership, vision, and determination in pursuit of business excellence. I would like to congratulate all of this year's award recipients: you can take pride in the valuable contributions you have made to Canada's prosperity and in serving as role models for the next generation of women business leaders."

Gloria was also a finalist in the Ernst & Young Entrepreneur of the Year Awards this year, in the Business Services category.

SIMAC ranks #46 in TOP 200 of Canada's Fastest Growing Companies

Adding to it's growing list of Canadian and international accomplishments, SIMAC Canada Inc. has placed #46 in the 23rd annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine.

Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country's most successful growth companies. Published in the Summer issue of PROFIT and online at, the PROFIT 200 is Canada's largest annual celebration of entrepreneurial achievement.

"The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage," says Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. "PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesspeople to learn more about the many ways they've come so far, so fast."

Last year Gloria Rajkumar, President and CEO of SIMAC, earned the #4 spot in PROFIT's top 100 Women Entrepreneur of the Year ranking.

"It was a great honour to be ranked #4 in the top 100 Women Entrepreneurs last year. Now, to be listed among such a diverse and impressive group of Canadian companies is just incredible," Ms. Rajkumar said upon learning of the Top 200 ranking. "The fact that I have been able to grow my company at a pace that is consistent with some of these international players makes me extremely proud. Every member of the SIMAC team is dedicated to providing excellence for our customers, day in and day out. I believe that it is our passion for what we do, and for the customers we serve, that has allowed us to experience such remarkable growth."

Last month SIMAC was the only Canadian company to be recognized by the Women Presidents' Organization (WPO) and American Express OPEN in the TOP 50 Fastest Growing Women Owned/Led Companies in North America. SIMAC ranked #16. The company has also received several business excellence awards and acknowledgements.

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SIMAC Only Canadian Company to Earn Ranking in 50 Fastest Growing Women-Owned Business Awards

Marsha Firestone, Ph.D., President & Founder of the Women Presidents' Organization (WPO), awarded Canadian Entrepreneur Gloria Rajkumar at the recent Global Conference of the Women Presidents' Organization. Ms. Rajkumar of SIMAC Canada was ranked #16 and the only Canadian on the list of 50 Fastest Growing Women-Owned/Led Companies in North America.

"The rapid growth of the WPO in Canada is a reflection of the remarkable development of women-owned businesses across the country. These awards are indicative of the strong leaders and businesses involved in the WPO in Canada. Presently, there are 140 WPO members in Canada with average revenues of $13 million and who employ a total of 13,000 people," said Marsha Firestone, Ph.D.

Gloria was named as the only Canadian on the 50 Fastest Growing Women-Owned/Led Companies in North America on April 28th. Gloria's company, SIMAC Canada Inc, was established in 2001 to provide the insurance industry, employers and legal representatives with credible, unbiased and evidence-based independent medical assessment reports. SIMAC has grown consistently over the past decade and has become known for delivering the highest standards of quality with the fastest turnaround times.

"It is such an honour to receive this recognition in the company of such amazing and inspiring women," Gloria said. "I believe this is a testament to the high standards I have established for my company. This kind of growth can only happen when you provide your customers with the best possible service and are relentless in your efforts to rise above the competition."

This ranking comes fast on the heels of several business excellence awards for SIMAC and a #4 ranking in the PROFIT Magazine Top 100 Women Entrepreneurs of Canada.

To read the full story on the awards in The Wall Street Journal, click on the Read More button below.

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Ranked #4 in Canada by PROFIT Magazine

Gloria Rajkumar was ranked #4 in the PROFITMagazine Top 100 Women Entrepreneurs of the Year and was featured in a W100 Profile article in the November issue of PROFIT. "The 2010 PROFIT W100 are ambitious, savvy business leaders who defy stereotypes," says Ian Portsmouth, Editor of PROFIT. "Canada's Top Women Entrepreneurs deserve the highest praise for their ability to spot opportunity and grow profitably."

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2010 Ontario Business Achievement Award
Ontario Chamber of Commerce
Len Crispino, President & CEO of the Ontario Chamber of Commerce with award recipient Gloria Rajkumar.

At a gala event on September 20, 2010, Gloria Rajkumar was awarded the prestigious Ontario Business Achievement Award from the Ontario Chamber of Commerce and the Government of Ontario. The OBAA were created to celebrate Ontario's rich history of innovative, ethical and profitable business. Launched in 1983, the OBAAs shine a spotlight on innovation and entrepreneurial spirit that are at the heart of business in Ontario.

Guyana Award for Business Excellence

In May of 2010, Gloria Rajkumar was recognized as a successful business leader when she was awarded the Guyana Award for Business Excellence. The Guyana Awards (Canada) recognize the outstanding achievements of distinguished individuals and organizations in the Guyanese-Canadian community, and their sterling contributions.

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SIMAC CEO Gloria Rajkumar receives Business Excellence Award from Richmond Hill Chamber of Commerce Chair David West, while her son Daniel watches proudly.
2010 Business Achievement Award – Richmond Hill Chamber of Commerce

In March of 2010, Gloria Rajkumar proudly received the 2010 Business Achievement Award from the Richmond Hill Chamber of Commerce in recognition of her success and contributions to her local community. Ontario Premier Dalton McGuinty addressed the winners and guests at the gala awards presentation, saying "The landscape of business in this area is witnessing an extraordinary level of entrepreneurship. What more can I say than thank you to these people for the risks they take, jobs they create and families they help support."

Soon after, Gloria was approached by the Chamber of Commerce and invited to be a director. She was duly elected to the position in August, 2010.

Women Presidents' Organization

Gloria Rajkumar was recently granted membership in the Toronto Chapter of the exclusive Women Presidents' Organization. The WPO connects top women entrepreneurs who have demonstrated exceptional performance in business practice and revenue. With 87 chapters worldwide, WPO is fast becoming the resource choice for women who lead today's best companies.

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