Curated News
By: NewsRamp Editorial Staff
September 09, 2025
Maryland's 125 Fastest-Growing Companies Shine in Inc. 5000 Rankings
TLDR
- Maryland companies on the Inc. 5000 list offer strategic advantages with median growth of 148%, led by Chaberton Energy at 5,124% growth in renewable energy.
- The Inc. 5000 rankings measure three-year revenue growth from 2021-2024, with Maryland companies averaging nearly 400% growth across diverse industries.
- These 125 fast-growing Maryland companies create new opportunities for residents and invest in the state's booming business community for a better future.
- Maryland's fastest-growing companies include Just Ice Tea with 3,750% growth and Trail Grid Pro retail at 1,942%, showcasing diverse success stories.
Impact - Why it Matters
This recognition matters because it signals strong economic health and job creation potential within Maryland. Fast-growing companies typically generate employment opportunities, drive innovation, and contribute significantly to local economies through taxes and community investment. For residents, this means more career options and economic stability. For entrepreneurs and investors, it highlights Maryland as a fertile ground for business development across diverse sectors including renewable energy, government services, and technology. The impressive growth rates—some exceeding 5,000%—demonstrate that Maryland businesses are not only surviving but thriving in competitive markets, which can attract further investment and talent to the state.
Summary
Maryland's business landscape is experiencing remarkable growth, with 125 companies earning spots on the prestigious Inc. 5000 list of America's fastest-growing companies. The state's representation includes ten businesses ranking within the top 500 nationally, led by Chaberton Energy, a Rockville-based sustainable infrastructure and renewable energy developer that achieved an extraordinary 5,124% growth rate to claim the 53rd position. Other standout performers include Connsci in government services, Just Ice Tea in food and beverage, and Trail Grid Pro in retail, demonstrating the diversity of Maryland's thriving business ecosystem across multiple industries.
The comprehensive rankings reveal impressive growth metrics, with Maryland companies showing a median growth rate of 148% and an overall average of nearly 400% from 2021 to 2024. Montgomery County emerged as the state's business powerhouse with the most companies on the list, followed by Prince George's and Howard counties. Maryland Commerce Secretary Harry Coker, Jr. praised the achievement, noting that these companies are "investing in our state's booming business community and creating new opportunities for our residents." The recognition underscores Maryland's position as a hub for innovation and economic development, with companies spanning energy, government services, artificial intelligence, healthcare, and real estate sectors.
Readers can view the complete Inc. 5000 rankings to explore all 125 Maryland companies and their remarkable growth stories. This prestigious recognition not only highlights individual company successes but also showcases Maryland's overall economic vitality and business-friendly environment that fosters rapid expansion and innovation across diverse industries.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Maryland's 125 Fastest-Growing Companies Shine in Inc. 5000 Rankings
