By James W Quigley on September 5, 2011
Tags: GoCanvas Company Updates
Virginia has been a great location to start a company, and certainly we are partial to Fairfax County where GoCanvas is headquartered. Our ties to the state and county go from being partially funded by from the State of Virginia's Center for Innovative Technology to our team working closely with the Fairfax County Economic Development Authority on communicating our own future growth plans and hearing their ideas to further entice and build upon this base of fast growing start-ups. So with all of that being said, we weren't surprised to learn that Inc. Magazine's 500 fastest growing company list for 2011 includes more Fairfax County companies than any other couny in the nation and even more than 46 states!
From the Fairfax Economic Development Authority Website. Click here for the full article.
"Twenty-six Fairfax County firms – most of them in technology and professional services fields – are on Inc. magazine’s 2011 list of the 500 fastest-growing companies in the nation. That is up from 24 companies on the 2010 list. Fairfax County has more firms on the 2011 list than any other county and all but the four most-populated states in the union: California, Florida, Texas and New York.
Fairfax County companies represent 70.3 percent of the 37 Virginia-based firms on the 2011 list and 53.1 percent of the 49 firms from the Washington D.C., area.
The $742 million in annual revenue reported by Fairfax County’s Inc. 500 firms accounted for 85.6 percent of the revenue reported by the Virginia companies on the 2011 list, and 72 percent of the revenue reported by the Washington-area companies.
Government contracting outfit Integrity Management Consulting, at number 44 on the list, is the highest-ranked Fairfax County firm. Others include software company AppAssure Software (62), IT service providers MicroTech (107) and Soft Tech Consulting (127), and business products and services firm The Trademark Company (138).
“The Inc. list illustrates how Fairfax County is a great location for younger, fast-growing companies, just as the Fortune 500 list shows off Fairfax County’s attractiveness for large corporate headquarters,” said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority. “Fairfax County is a hotbed for fast-growing businesses thanks to a combination of savvy entrepreneurs, a highly skilled workforce, proximity to a wealth of private- and public-sector customers and a diversified economic base.”