WT Business Beat

By Nick Wakeman

Blog archive
Nick Wakeman

What's behind the strong Fast 50 response?

We put out the call for Fast 50 nominations a week ago, and within hours the first application came in. I have to say, I’ve been pleasantly surprised with the response.

Generally, we get about 100 applications and a flood of those come in the final days. Well, this time, the flood seems to have started right from the start. I can only imagine what will happen as the July 1 deadline approaches.

The response is good for several reasons. Selfishly, it means we won’t have to sweat it at the end, and wonder if we’ll need to extend the deadline or not.

But I also wonder if the response says something about the market.

Maybe things are getting a little better out there, and small businesses have plenty to brag about; after all, the Fast 50 ranks companies by their growth.

From a preliminary look at the numbers coming in, the growth isn’t extravagant. But it is growth nonetheless. Good, steady, predictable growth. Just like the federal market is supposed to deliver. Booms are great, but the hangovers are hell.

One of the reasons I like the Fast 50 is that it is a celebration of success, and in this market, finding reasons to celebrate has been a challenge, so maybe the Fast 50 is an oasis in a desert of bad news.

I also like the Fast 50 because there are a lot of really good companies out there that no one has ever heard of, and the rankings are a great way to discover those.

The strong early response hasn’t disappointed. While I know several of the nearly 30 to apply so far, most I do not. Of course, I have no idea at this stage who will make the list and who won’t, but I know we’ll find some hidden gems.

Suffice it to say, if you haven’t applied, get your submission in, and let the celebration begin.


 

Posted by Nick Wakeman on May 29, 2013 at 7:24 PM


Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH
contracts DB

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Sequestration, LPTA and the Top 100

    Join Washington Technology’s Editor-in-Chief Nick Wakeman as he analyzes the annual Top 100 list and reveals critical insights into how market trends have impacted its composition. You'll learn what movements of individual companies means and how the market overall is being impacted by the current budget environment, how the Top 100 rankings reflect the major trends in the market today and how the biggest companies in the market are adapting to today’s competitive environment. Learn More!