Sometimes disruption in the economy is a good thing, especially if it involves innovative start-ups creating multibillion-dollar industries — all the while revolutionizing the way we live and work. It's time again for CNBC to start the search for the next generation of private companies that are leading this charge.
Last year 50 private companies, with a combined net worth of $241 billion, made our CNBC Disruptor 50 list by reimagining an array of industries — from aerospace to pharmaceuticals to finance. These included household names like Uber, Airbnb, Spotify and Snapchat (now Snap). It featured the return of 23andMe, a genetic testing company, emerging from years of regulatory battles to regain a spot on the list after a few years away. It featured high-flying newcomers like Jaunt and Instacart. And Twilio made the list for the fourth and final time as it went on to have one of the most successful IPOs of 2016.
Many on the 2016 CNBC Disruptor list have also been on a fundraising tear, raising billions of dollars that in turn have pumped up their companies' valuations to the stratosphere.
But in much the same way these visionaries on the Disruptor 50 list continuously press on, it's time for CNBC to look ahead.
Does your company or a company you represent or invest in have what it takes to be called a CNBC Disruptor? The search is under way for the next group of the most ambitious, innovative private companies transforming the economy and forcing the public giants to rethink the way they do business.
Submit your nomination for the 2017 CNBC Disruptor 50 by clicking here.
The deadline to submit the 2017 CNBC Disruptor 50 Nominee Submission Form is Monday, Feb. 6, 2017. All private, independently owned companies are eligible to submit, and any company founder, executive, representative or investor in the company are welcome to submit the nomination form.
The competition will be tough. In 2016, 750 companies submitted nominations from the United States and abroad.
Nominees will be put through a comprehensive and rigorous process of researching and scoring across a wide range of quantitative and qualitative criteria.
Winners will be notified in April, and the list will be published in May across CNBC's TV and digital platforms.