Hive Group LLC - Veteran-Owned Business of the Year
Company: Hive Group LLC, Ashburn, VA
Company Description: Hive Group LLC is a Service-Disabled Veteran-Owned Small Business (SDVOSB) providing business solutions across the federal landscape including DoD, Intel, and Civilian agencies. Hive Group's services include Acquisition, Program Management, Financial Management, and Systems Engineering and Technical Assistance (SETA). Hive Group emerged from a mentor-protege agreement with E3 Federal Solutions.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Veteran-Owned Business of the Year
Nomination Title: Hive Group
Hive Group’s primary objective to improve both the timeliness and quality of products and services available for government acquisitions competition has involved them in a wide array of project missions, from retrofitting aircraft carriers to standing up innovative ecosystems for competing in nontraditional methods. Hive Group’s service of these missions has opened doors for fellow small businesses and companies to compete for government contracts that would utilize cutting-edge technology and maximize a mutual benefit to the American taxpayer and small business alike.
As a startup, Hive Group’s first prime contract resulted in a 40-plus-person management solution, leaving their federal government customer, GSA FEDSIM, fully staffed on day one - a rare and significant accomplishment for any company let alone a boutique business in its first years. Hive Group has maintained an elevated quality of contract operation with GSA FEDSIM, facilitating roughly 9,000 accurate entries for a payroll of over 340 employees.
At an organizational level, Hive Group has experienced unprecedented maturation, seeing a 2,000% increase in personnel and a revenue growth from $0 to over $8 million in its first two years of operation. With a 93% retention rate and perfect 5.0 satisfaction rating on Glassdoor, an ISO 9001:2015-certified quality management system, and a General Services Administration (GSA) Federal Supply Schedule (FSS) contract, Hive Group is primed to continue its growth trajectory.
Hive Group is a Service-Disabled Veteran-Owned Small Business (SDVOSB) specializing in acquisition, program, and financial management. Founded in 2018, Hive Group is building a contagious culture within its halls, focused on delivering highly effective solutions which aid in their clients’ mission success and a constant improvement on the status quo. Hive Group specializes in professional services including; data analytics, acquisition and program management, financial solutions, human capital solutions, training solutions, and commercial staffing solutions. Originating from an SBA-approved Mentor-Protégé relationship with E3 Federal Solutions, Hive Group is well equipped to provide high-quality solutions to the complex problems and challenges facing commercial and government client organizations. The young small business boasts a large philanthropic footprint, engaging in public service including toy drives and community meal distribution during COVID. With 10 years of national military service experience at the heart of its leadership, Hive Group recognizes the importance of service in achieving mission success. Hive Group executives have participated in thought leadership panels on women in leadership and acquisition excellence. Hive Group’s annual revenue increased from $0 in 2018 to over $8M in 2020, with over 90% of the work being Prime contracts covering 10 federal and commercial customers.
Hive Group has managed unprecedented accomplishments in the first two years since their SBA-approved Mentor-Protégé agreement. Their ISO 9001:2015-certified quality management system demonstrates their ability to consistently provide a high level of products and services while enhancing customer satisfaction through the application and necessary sequential improvements of their system.
It takes a minimum of 2 years before a company can even apply for a GSA Schedule contract. Hive Group was awarded a schedule after only 2.5 years of being in business. This gives the company access to the federal marketplace, which in turn has direct access to Hive Group’s wide range of professional services including program management, acquisition, financia, data analytic, and systems engineering and technical assistance (SETA) solutions. A significant accomplishment for a business of any size.
Hive Group’s flexible, virtual working environment and cloud-connected business operations required relatively few minor adjustments during the COVID-19 pandemic and allowed for the seamless continuation of critical government missions. Aided by Hive Group’s expertise, the federal client GSA FEDSIM was able to award 51 government contracts with a total value of $17.5 billion. Among these were two managed services contracts in support of the Department of Health and Human Services (HHS) Strategic National Stockpile (DSNS) customer (which dramatically increased the amount of medical materials on hand to combat the pandemic. These contracts enabled DSNS to expand its national support during the COVID-19 pandemic through services including the storage, management, and distribution of personal protective equipment (PPE) and medical equipment.