VIRGINIA BEACH, Va. – May 1, 2018 – Cape Henry Associates (CHA) earned a spot on the Virginia Chamber of Commerce’s Fantastic 50 list of fastest growing businesses in the Commonwealth for a second straight year. CHA and fellow award winners were recognized at the 23rd annual Virginia’s Fantastic 50 Awards Banquet held at the Westfields Marriot in Chantilly April 26. Almost 450 participants from around Virginia attended.
“We are pleased to recognize the fastest growing businesses from across the Commonwealth,” said Barry DuVal, president and CEO of the Virginia Chamber of Commerce. “We are glad to toast the entrepreneurial spirit of these Virginia business leaders and the dedicated employees who have brought these companies continued success.”
Virginia’s Fantastic 50 is a signature event of the Chamber and the only annual statewide award recognizing Virginia’s fastest growing businesses. To be eligible, a company must be privately held with headquarters in Virginia, show revenues between $200,000 and $200 million, and demonstrate positive revenue growth and positive net income in its most recent fiscal year over the previous year. Companies are judged on a four-year revenue history. The professional service firm Dixon Hughes Goodman verifies all award entries.
CHA’s second consecutive placement on the Fantastic 50 list highlights a path of success that has defined the company over the past few years. “We are proud to be in such good company with our back-to-back Fantastic 50 awards. It’s great to be recognized for the hard work the team has put in over the last few years,” said Chuck Wythe, Cape Henry Associates chief revenue officer. “We’ve grown our competencies and capabilities; strengthened our program management, quality, and financial control systems; obtained our ISO certification; and successfully entered some new markets. It’s exciting to be in a space where we can take advanced technologies like virtual reality, mixed reality, and data science and marry them with the wisdom and knowledge of our subject matter experts to deliver powerful new tools and training to our clients.”