"Fast 50" small business deadline imminent

Washington Technology is now accepting nominations for its annual Fast 50 rankings. The deadline for submitting your application is July 15.

The list is open to small businesses in the government market. To be considered companies need to submit five years of government contracting revenue data, which will be used to calculate their compound annual growth rate. Companies are ranked by their growth rate, not by their overall revenue.

For a formula to calculate you CAGR, click here.

The revenue figures submitted will be published as part of the Fast 50 print and online editions. For an example, see the 2008 Fast 50.

The 2009 Fast 50 will look at revenue growth from 2004 through 2008. Companies must have at least $100,000 in government revenue in 2004 to be eligible.

Other requirements include meeting the various government criteria for being a small business or being in the 8(a) program or being a service-disabled, veteran-owned company. If you are unsure, visit the Small Business Administration.

We highly recommend emailing your application to Fast50@1105govinfo.com, but we will accept mailed applications as well.

Questions also can be emailed to Fast50@1105govinfo.com.

More information and the nomination form are available here.