QED Enterprises, Inc. Ranks No. 2,905 on the 2024 Inc. 5000
With Three-Year Revenue Growth of 174 Percent, QED Enterprises, Inc.
Ranks No. 79 in Government Services and 2,905 Overall Among
America’s Fastest-Growing Private Companies
NEW YORK, August 13, 2024 – Inc. revealed today that QED Enterprises, Inc. (QED) on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America ranks No.79 in Government Services, No. 165 in the DC area, No. 163 in their home state of VA, and 2,905 in all areas combined. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“My primary focus as a business owner is to provide professional employment and personal growth opportunities in the government contracting industry. We spent much of 2020-2023 maturing our corporate infrastructure, implementing business management tools, and hiring talented professionals who value our corporate culture and bring the same spirit of Quality, Excellence, and Dedication to work every day. This award is a testament to the hard work of our talented employees. Thank you, team! QED is honored to be among Inc. Business Media’s top 5000 fastest growing companies in 2024.” - Mark Witte, CEO, QED Enterprises, Inc.
QED Enterprises, Inc. (QED) specializes in Strategic Planning and Operations, Technology Services, Financial Management, and Facilities Information Management. Since 2007, the government has awarded QED more than 100 government contracts supporting 16 federal agencies and 15 military commands. Headquartered in Stafford, VA, we partner with the federal government through multiple acquisition contracts including General Service Administration (GSA) One Acquisition Solution for Integrated Services (OASIS) Small Business (SB) Pool 1, GSA OASIS 8(a) Pool 1, GSA Streamlined Technology Acquisition Resources for Services III (STARS III), and various set-asides. QED has built the necessary procurement mechanisms to successfully support our federal agency and DoD clients. QED was founded by a US Army Green Beret (Special Forces) and is a Service-Disabled Veteran Owned Small Business (SDVOSB). We are a proven force multiplier that embodies the military culture of Quality, Excellence, and Dedication.
CONTACT: Ralph C. Gronlund Vice President, Federal Solutions (540) 771-5522 ralph.gronlund@QEDEI.com https://www.qedei.com |  |
More about Inc. and the Inc. 5000
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
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