Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Business Law
    • Commercial Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • Coronavirus 2020
    • Fantastic 50
    • Generous Virginians Project
    • Legal Elite
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read the issue
    • Order a copy
    • Buy an award plaque
    • Nominate execs for 2021

Advertisement

Header Primary Menu

  • Issues
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • Issues Archive
  • Industries
    • Banking/Finances
    • Business Law
    • Commercial Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • Coronavirus 2020
    • Fantastic 50
    • Generous Virginians Project
    • Legal Elite
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read the issue
    • Order a copy
    • Buy an award plaque
    • Nominate execs for 2021

Home News features Charting growth

Charting growth

Fairfax County is home to state’s fastest-growing companies

Published April 30, 2020 by Richard Foster

Fantastic 50 logo courtesy Virginia Chamber of Commerce

As the Virginia Chamber of Commerce marks its 25th year of celebrating the commonwealth’s 50 fastest-growing companies, this unfortunately will be the first year that Virginia’s Fantastic 50 award winners haven’t been recognized with an in-person event.

Due to the coronavirus pandemic, this year’s Fantastic 50 awards banquet, which had been scheduled for April 30, was canceled. 

However, in cooperation with the chamber, Virginia Business is continuing to publish the annual list of the award-winning Fantastic 50 companies.

Seven of the top 10 companies in this year’s list, including the top four, are based in Fairfax County.

The 2020 list is topped by Herndon-based B3 Group Inc. A federal contractor specializing in information technology services, B3 Group saw revenue growth of 3,231% from 2015 through 2018.

While its growth rate was not as high as last year’s Fantastic 50 list leader, Leesburg-based FedBiz IT Solutions, which posted a growth rate of 4,375%, B3 Group’s revenue growth was well ahead of every other company on the 2020 Fantastic 50 list.

The median revenue growth rate of all 50 companies on the 2020 list was 311.67%, significantly less than the 2019 rate of 404.62%.

In addition to B3 Group, two other companies were recognized as Vanguard winners in this year’s list, posting the highest revenue rates for their respective industries:

Service: Vienna-based information technology solutions firm Alpha Omega Integration LLC, with a growth rate of 2,687%. 

Technology: Stafford County-based federal contractor GCubed Inc., with a growth rate of 1,440%. 

No companies qualified for the list under the manufacturing or retail/wholesale categories this year.

To be eligible for the list, a company must have recorded revenue of at least $200,000 in 2015. It also must have posted a profit in 2018 and brought in less than $200 million in revenue in its most recent fiscal year.

Read more about this year’s Fantastic 50 winners:

  • 2020 Virginia’s Fantastic 50 winners list
  • B3 Group Inc. — Veterans helping veterans
  • Alpha Omega Integration LLC — A catalyst for change
  • GCubed Inc. — Leveraging the past

Subscribe to Virginia Business.

Get our daily e-newsletter.

Trending

State opens COVID-19 vaccinations for Virginians 65 and older

COVID-19 vaccinations for Va. essential workers start Monday

Condominium complex rendering courtesy Finmarc

Alexandria office building sells for $13.12M; to be converted to condos

Sen. Amanda Chase 'will absolutely not resign'

Virginia Hospital Center in Arlington is among the top-rated hospitals in the state for patient satisfaction. Photo courtesy Virginia Hospital Center

In good health

Sponsored Stories

5 Financial Steps to Start the New Year Right

What is Supply Chain Management?

2021 Outlook: Evaluating an Unpredictable Year Ahead

Human Capital Development: Your Company’s Sure Bet For Success

Advertisement

Advertisement

Trending

State opens COVID-19 vaccinations for Virginians 65 and older

COVID-19 vaccinations for Va. essential workers start Monday

Condominium complex rendering courtesy Finmarc

Alexandria office building sells for $13.12M; to be converted to condos

Sen. Amanda Chase 'will absolutely not resign'

Virginia Hospital Center in Arlington is among the top-rated hospitals in the state for patient satisfaction. Photo courtesy Virginia Hospital Center

In good health

Sponsored Stories

5 Financial Steps to Start the New Year Right

What is Supply Chain Management?

2021 Outlook: Evaluating an Unpredictable Year Ahead

Human Capital Development: Your Company’s Sure Bet For Success

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2021 Virginia Business. All rights reserved.

Site Maintained by TechArk