Virginia’s FANTASTIC 50 award program is a signature event of the Virginia Chamber of Commerce. Now in its 21st year, the FANTASTIC 50 program is the only annual statewide award recognizing Virginia’s fastest growing business.

Nominations for the 2016 Fantastic 50 program are open and being solicited from local chambers of commerce, economic development organizations, and through the sponsors’ networks; companies may also nominate themselves.

To be eligible, a company must be privately held with headquarters in Virginia, show sales between $200,000 and $200 million, and demonstrate positive revenue growth and positive net income in its most recent fiscal year over the previous year. Companies are judged on four-year sales revenue history. The professional service firm Dixon Hughes Goodman verifies all award entries.

The Fantastic 50 award program is sponsored by the Virginia Chamber, Cox Communications, Inc., Virginia Business Magazine, Dixon Hughes Goodman, SunTrust Bank, Capital One, Williams Mullen, Leidos, Avison Young and the Westfields Marriott.