To be eligible to apply for the award, a company must meet the following for the year ending 2024:

• Be a privately held commercial enterprise headquartered in Florida (not publicly traded, subsidiary or division of another company or nonprofit); and
  Employ 6 to 150 full-time equivalent W-2 employees, including the owner; and
• Have between $750,000 up to $100 million in annual revenue or working capital from investors or grants; and
• Have not won this award in the past; and
• Demonstrate intent and capacity to grow based on evidence such as employee or sales growth, exceptional leadership, sustainable competitive advantage, etc.