GrowFL is pleased to announce the second-stage growth companies that are now in the running to be named GrowFL Florida Companies to Watch Honorees. The finalists were selected from more than 400 nominations from throughout Florida and represent a diverse group of growing companies representing a variety of industries. Finalists will complete a second-round application and undergo a final round of judging before the top 50 companies are selected.

Companies to Watch was developed by the Edward Lowe Foundation as a unique way to recognize and honor second-stage companies that demonstrate high performance in the marketplace with innovative strategies and processes. In addition to evaluating past growth and projected success, applicant companies are judged according to their special strengths and impact in their markets, communities, and within the state – thus deeming them worth watching.

The 12th Annual GrowFL Florida Companies to Watch Awards Celebration is brought to you by Nperspective CFO & Strategic Services, in association with the Edward Lowe Foundation.

To qualify for the award, companies must have between 6 and 150 employees and revenue between $750,000 and $100 million in 2021. Knowing these companies were reporting on employment and revenue after a pandemic, it is remarkable to note that in 2021, the companies reported a total of more than 2,000 jobs and generated close to $430 million in revenue. These companies anticipate growth of 40 percent in revenue and 18 percent in employment by the end of 2022.

“This group of business owners represents the remarkable second-stage businesses operating across the state of Florida,” Jennifer Taylor, President and CEO of GrowFL. “They demonstrate the agility, perseverance and innovation needed to grow to the next level and GrowFL is proud to be there to help celebrate their success.”

Congratulations to the 12th Annual GrowFL Florida Companies to Watch Finalists:

Honorees for this year’s award will be announced in October and GrowFL will host its annual awards celebration on February 23, 2023, at Hard Rock Live, Universal City Walk, Orlando, FL.

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About GrowFL:

GrowFL is dedicated to supporting and accelerating the growth of second-stage companies throughout Florida, by providing their leaders focused, efficient, and timely access to resources they deem important, such as connections with other second-stage company leaders, and to professional organizations whose expertise, experience, and products lead to the second-stage company’s continued growth and prosperity resulting in diversification and growth of Florida’s economy.  Second-stage growth companies have at least 6 employees and $750,000 in revenue and possess the intent and desire to grow beyond second-stage.  Website: https://www.growfl.com.

About Edward Lowe Foundation:

The Edward Lowe Foundation was established in 1985 by Ed and Darlene Lowe to leverage entrepreneurship as a strategy for economic growth and community development. The foundation’s entrepreneurship initiatives focus on second-stage companies, which are growth-oriented firms that have moved beyond startup but have not yet reached maturity. Its peer learning, leadership education, and strategic information programs are geared to help these companies continue growing. For more information, visit www.EdwardLowe.org.