Posted on 08/15/19 by Sarah Van Velsor
Inc. magazine named 34 Arlington companies to its annual list of the nation’s 5,000 fastest-growing companies, the Inc. 5000, while five were part of the exclusive Inc. 500. Half of the companies are in Government Services and 24% are technology companies in the Software, IT or Security fields. 34 Arlington companies were also named to the list last year, up from 21 companies in 2017.
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Associated Veterans topped the list of Arlington companies at number 67 with an astounding 4346% growth rate over the past three years. Associated Veterans is to grow a service-disabled veteran-owned small business that provides professional services and consulting to the government. Higher Logic, 1,917 on the list, received a Gazelle Grant from Arlington County. Several of the finalists were also featured in the Virginia Chamber of Commerce’s Fantastic 50 program, including Sehlke Consulting, Changeis, U Group, Metis Solutions, Firebird AST, Enterprise Knowledge and Neostek.
“We are really proud of the innovative companies that call Arlington home and the dynamic entrepreneurs who lead them,” said Marian Marquez, Acting Director of Business Development Arlington Economic Development. "Arlington’s strong representation in this prestigious list is a testament to the exciting growth happening in our community and we fully expect to see this grow in years to come.”
To qualify for the Inc. 5000, companies must show the past three calendar years of sales to prove their revenue. Additionally, they must be U.S.-based, privately held, and independent — not subsidiaries or divisions of other companies. Revenue in the initial year must have been at least $100,000, and revenue in the most recent year must have been at least $2 million.
Here is the full list of Arlington companies that made the cut and their ranking:
Topic: BIG Update