Contact: Hannah Metevia
hannah@growfl.com
(407) 476-8375

October 10, 2022 
News Release
Embargoed until October 11, 2022

GROWFL ANNOUNCES 12TH ANNUAL FLORIDA COMPANIES TO WATCH HONOREES
Outstanding leadership, culture and growth make these second-stage businesses stand-out

Orlando, Florida (October 11, 2022) — GrowFL is pleased to announce the 50 companies selected as 12th Annual GrowFL Florida Companies to Watch Honorees. The awards program - now in its twelfth year - honors impressive second-stage companies from throughout the state for developing valuable products and services, creating quality jobs, enriching communities, and broadening new industries throughout Florida. 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.

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.
66 finalists were announced earlier this year, and the 50 honorees were selected after a final round of judging by a panel comprised of past honorees, economic development leaders and corporate partners of GrowFL.  Companies were judged on a number of criteria including growth in number of employees; impact of the business in the job market; increase in sales and/or unit volume; current and past financial reports; innovativeness of the product or service; response to adversity; and contributions to aid community-oriented projects. 

“GrowFL Florida Companies to Watch was designed to celebrate the spirit of entrepreneurship and to shine a spotlight on the most deserving companies,” said Jennifer Taylor, president, and CEO of GrowFL. “This year’s honoree span 21 different counties, represent 22 different industries and 50% of them are woman, veteran, or minority owned. This diverse group of honorees can only mean one thing - Florida is the place where entrepreneurs thrive!”

Since the first awards celebration in 2011, GrowFL has honored 550 companies from throughout Florida with this prestigious award. With this year's honorees, GrowFL has now recognized 600 companies throughout the state that are making a positive impact on the economy and the communities in which they live.  Many of the past honorees have now grown their companies to stage 3 and stage 4 businesses employing more than 500. 

“These are some of the most vibrant and dedicated entrepreneurs in our state. They are the champions that keep our communities strong by stimulating the economy, keeping the workforce employed, and giving back in ways that will change the course of our state for years to come. Like all the classes before them, this class of GrowFL Florida Companies to Watch honorees truly embody success and I know they’re only getting started,” said Dr. Tom O’Neal, GrowFL founder. 

To qualify for the award, companies must be headquartered in Florida and have between 6 and 150 and revenue between $750,000 and $100 million. From 2018 through 2021, these companies generated $1 billion in revenue and added 881 employees, reflecting a 96% increase in revenue and a 104% increase in jobs for the four-year period. That translates into a 24% average annual revenue growth and a 26% average annual growth in employees.

These companies projected continued growth in 2022, with a 40% revenue increase and a 20%  growth in employees compared to 2021. If their projections hold, these companies will have generated $1.5 billion in revenue and added 1,233 employees over the last five years — a 174% increase in revenue and 146%  increase in jobs since 2018. 
Companies named to the list will be officially recognized at the 12th Annual GrowFL Florida Companies to Watch Celebration on February 23, 2023, at the Hard Rock Live in Universal CityWalk, Orlando, FL. Tickets are on sale now.  For more information or to purchase tickets, visit https://growfl.com/about-growfl-flctw/. 
Below is the list of the 12th Annual GrowFL Florida Companies to Watch Honorees: 
Company Name	County	Industry	
2TON Agency	Palm Beach	Advertising, Public Relations, and Related Services	
A Boundless Care, Inc.	Osceola	Other Services (except Public Administration)	
A-C-T Environmental & Infrastructure, Inc.	Polk	Architectural, Engineering, and Related Services	
Affinity Management Services	Miami-Dade	Management Consulting Services	
AndersonConnectivity	Brevard	Telecommunications	
Blue Ocean Title, LLC	Duval	Legal Services	
Brick Street Farms	Pinellas	Agriculture, Forestry, Fishing and Hunting	
Bug Bite Thing	St. Lucie	Retail Trade	
Casabianca Home	Miami-Dade	Wholesale Trade	
Constellation4 Health	Hillsborough	Information Technology	
Critical Frequency Design, LLC	Brevard	Scientific Research and Development	
D3 Glass, LLC	Lee	Manufacturing	
Details Flowers Software	Volusia	Management of Companies and Enterprises	
DMSI	Sarasota	Manufacturing	
Earth And Sugar LLC	Palm Beach	Wholesale Trade	
Energy Harness Corporation	Lee	Manufacturing	
Everest Ice and Water Systems	Orange	Manufacturing	
eXpress badging	Brevard	Manufacturing	
FloSpine LLC	Palm Beach	Scientific Research and Development	
Four Winds IT	Sarasota	Information Technology	
Genplant	Clay	Manufacturing	
JHT, Inc.	Orange	Computer Systems Design and Related Services	
Liberty Landscape Supply	Duval	Retail Trade	
Limitless Cost Reduction Specialists	Seminole	Scientific and Technical Consulting Services	
Micro-Ant LLC	Duval	Manufacturing	
Misfits Gaming Group	Palm Beach	Arts, Entertainment, and recreation	
My Employment Options	Pinellas	Health Care and Social Assistance	
NanoSpective, Inc.	Orange	Scientific and Technical Consulting Services	
Neobiosis	Alachua	Health Care and Social Assistance	
NuCycle Energy	Hillsborough	Utilities	
oewheels	Manatee	Manufacturing	
Pharma Natural Inc.	Miami-Dade	Manufacturing	
Pinnacle Communications Group	Duval	Information Technology	
Poly Vinyl Creations, Inc	Pasco	Manufacturing	
ProCredEx, Inc.	Hillsborough	Information Technology	
quottly	Alachua	Information Technology	
ReachLink	Palm Beach	Health Care and Social Assistance	
Right Rudder Aviation	Citrus	Transportation and Warehousing	
Sloane Staffing	Palm Beach	Other Services (except Public Administration)	
Solcium Solar	Seminole	Other Services (except Public Administration)	
Springer Construction	Polk	Construction	
Stern Brands, Inc.	Brevard	Manufacturing	
StillDragon North America LLC	Palm Beach	Manufacturing	
Sunshine Enterprise USA LLC	Orange	Administrative and Support Services	
Techfit Digital Surgery	Volusia	Manufacturing	
TriageLogic	Duval	Health Care and Social Assistance	
Ultimate 3D Printing Store	Pasco	Retail Trade	
Vedder Holsters	Lake	Manufacturing	
Vertex Solutions	Okaloosa	Educational Services	
Yaupon Brothers	Volusia	Wholesale Trade	

Nominations are now open for the 13th Annual GrowFL Florida Companies to Watch Awards Celebration. To nominate a company, visit https://growfl.com/flctw21/nominate/. 

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About GrowFL:
GrowFL, through our diverse programs and services, provides proven methods to help overcome unique challenges facing second-stage companies as they grow. 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. GrowFL is proud to serve Florida as the state’s only organization focused exclusively on supporting second-stage businesses. 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.   
About Nperspective CFO & Strategic Services: 
Nperspective CFO & Strategic Services, a Florida firm, operates around the country from centers in Orlando, Tampa, and South Florida. The firm was founded 20 years ago to assist small- and medium-sized businesses that need the expertise of seasoned financial executives but are unable to hire that expertise full-time. Many highly profitable companies that could afford a full-time CFO don’t need one daily.  To assist these companies, the firm provides senior executives with extensive financial expertise and experience on an as-needed basis, calibrating engagements to specific client needs and resources. Nperspective CFOs provide services such as cash flow planning, strategic planning/business planning/budgeting, assistance with bank financing, reviewing financial reporting processes and internal control processes for effectiveness. With a 20-year track record, Nperspective is ready to help companies mitigate the problems of Covid-19 from loan and grant applications to managing finances under the new normal.  Website: https://www.nperspective.com/