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FCW : August 30, 2013
There are personal stories and business stories, and the 2013 Washington Tech- nology Fast 50 list is full of both. From No. 1 OBXtek Inc. to No. 50 Triumph Enterprises Inc., you have stories of found- ers making sacrifices and taking risks to fol- low a dream. You also have savvy executives who are taking advantage of small-business programs and past work experience. But mostly, you have both because in the small-business world, success is measured both in personal terms and with dollars and cents. For the Fast 50, we use companies' rev- enue for the previous five years to calculate the compound annual growth rate (CAGR). The companies are then ranked according to that growth rate, not according to their overall revenue. That's why OBXtek, with $29.6 million in 2012 revenue but a CAGR of 302.9 percent, is ranked No. 1 while ThunderCat Technol- ogy, with $216.3 million in 2012 revenue, is ranked No. 32 with a CAGR of 65.45 percent. Eligibility for the rankings is based on being considered a small business by the federal government, either purely by size or by participating in one of the govern- ment's small-business programs, such as those for veteran-owned, woman-owned or Historically Underutilized Business Zone companies. The first thing you notice about OBXtek The fastest-growing small companies in the government market share stories of personal and business success BY NICK WAKEMAN 28 August 30, 2013 FCW.COM THE 2013 FAST 50: Where it's personal but still all business
August 15, 2013
September 15, 2013