Chantilly – The Virginia Chamber of Commerce announced the names of fifty of the fastest growing Virginia companies at the twenty first annual “Virginia’s Fantastic 50 Awards Banquet” on April 28 at the Westfields Marriott in Chantilly. More than 400 attendees participated in the banquet to celebrate the success of these Virginia entrepreneurs.
“The Virginia Chamber exists to promote the free enterprise system and advance a better business environment in the Commonwealth for private sector businesses to succeed,” said the president and CEO of the Virginia Chamber of Commerce Barry DuVal. “The 50 companies being recognized today are the ones who are leading that success by raising personal incomes of Virginians, attracting top talent, and making their communities better places to live and work. We are pleased to honor the entrepreneurial spirit and hard work of these business ventures.”
At the conclusion of the awards banquet, the Chamber announced five Virginia Vanguard winners, recognized for the highest growth in the categories of retail/wholesale, service, technology, manufacturing, and recognizing the company with the highest overall growth in Virginia. The 2016 Virginia Vanguard Winners are:
Highest Overall Growth: Cynet Systems Inc., Ashburn
Technology: Synaptek Corp., Reston
Service: Patriot Group International Inc., Warrenton
Retail/Wholesale: Morooka USA, Ashland
Manufacturing: Devils Backbone Brewing Company, Nelson County
A full list of the Fantastic 50 award winners is available below.
About the Awards—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 were sought last fall 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., Avison Young, Inc., Virginia Business Magazine, Dixon Hughes Goodman, SunTrust Bank, Capital One, the Washington Nationals, and the Westfields Marriott.
Virginia Chamber of Commerce
2016 Virginia Fantastic 50 Winners
- Cynet Systems Inc., Ashburn (Virginia Vanguard – Highest Overall Growth)
- Patriot Group International, Inc., Warrenton (Virginia Vanguard – Service)
- Synaptek Corporation, Reston (Virginia Vanguard – Technology)
- PotomacWave Consulting, Alexandria
- V1 Analytical Solutions, LLC, Arlington
- Pretek Corporation, Chantilly
- American Cyber, Inc., Clifton
- Ingenicomm, Inc., Chantilly
- E3 Federal Solutions, McLean
- Amatea, LLC, Leesburg
- Marathon TS, Inc., Kilmarnock
- Eagle Hill Consulting, Arlington
- Corps Solutions, Stafford
- Devils Backbone Brewing Company, Lexington (Virginia Vanguard – Manufacturing)
- Eagle Ray Inc., Chantilly
- O’Connor Brewing Company, LLC, Norfolk
- Macedon Technologies, Reston
- Concept Plus, LLC, Fairfax
- MindPoint Group, LLC, Springfield
- Insignia Technology Services LLC, Newport News
- Kitewire Inc., Arlington
- Technatomy Corporation, Fairfax
- ValidaTek Inc., Arlington
- Morooka USA, Ashland (Virginia Vanguard – Retail/Wholesale)
- Buchanan & Edwards, Inc., Arlington
- SimVentions, Inc., Fredericksburg
- TTC, Inc., Arlington
- IBC, a DBS Company, Reston
- Fusion PPT, Vienna
- Unissant, Reston
- 1901 Group, LLC, Reston
- Sevatec, Inc., Fairfax
- Zantech IT Services, Inc., Tysons Corner
- Grow, Norfolk
- Veris Group LLC, Vienna
- Phacil Inc., Arlington
- infoLock Technologies, Arlington
- InTec, LLC, Fairfax
- Higher Logic, Arlington
- New Bell Truck Lines, Inc., Chester
- Applied Predictive Technologies, Arlington
- ODUrent, Norfolk
- First Virginia Community Bank, Fairfax
- Search Technologies, Herndon
- SOLitude Lake Management, Virginia Beach
- NuAxis Innovations, Vienna
- Prevailance, Inc., Virginia Beach
- Millennium Corporation, Arlington
- Verity Commercial, LLC, Reston
- 360IT Partners, Virginia Beach
The Virginia Chamber of Commerce is the largest business advocacy organization in the Commonwealth, with 24,854. The Chamber is a non-partisan, business advocacy organization that works in the legislative, regulatory and political arenas to act as the catalyst for positive change in all areas of economic development and competitiveness for Virginia.
