“Receiving this distinguished award is such an honor,” says CEO Vinu Patel. “In the United States, our best resource is our brain power—and I want to build on that and create jobs here. Through innovation and collaboration, we are positively impacting the community and economy within Florida and beyond.”
Described as one of Florida’s “rock star entrepreneurs,”
Overall, this year’s Florida Companies to Watch winners:
►Generated $370 million in total annual revenue
►Increased total annual revenue by 36 percent compared to 2012
►Employed 1,757 full-time equivalent residents
►Project 462 net new jobs for 2014
“Florida Companies to Watch is honored to recognize another outstanding group of stage-two companies,” said Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute and associate vice president for the University of Central Florida’s Office of Research and Commercialization. This is our fourth year of celebrating second-stage business leaders throughout the state of Florida. The companies selected for the Florida Companies to Watch awards program stand out among their peers as companies that should be celebrated. In Florida, they account for 5 percent of the companies and nearly 30 percent of the jobs. These companies make a difference and we’re happy to offer the recognition they deserve.”
Florida Companies to Watch is an awards program that celebrates privately held second-stage companies headquartered in the state. To be eligible, applicants must employ between 6 and 99 full-time equivalent employees and have between $750,000 and $50 million in annual revenue or working capital in place. Awardees are selected for demonstrating the intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership, sustainable competitive advantage, outstanding corporate culture, inspired community giving and other notable strengths. Florida Companies to Watch is unique because of its focus on second-stage companies and the wide-ranging industries they represent. The impact of these companies on Florida’s economy is immense, and this year’s honorees are examples of such companies in the state.
2014 Sponsors include Wells Fargo, TWSquared, University of Central Florida, Florida High Tech Corridor, atLarge, Inc., Carlton Fields Jorden Burt, Filmscape, OUC, AMTIS Inc., Enterprise Florida, Fifth Third Bank, Florida Power & Light, Insperity, LSQ Funding, Sorensen Moving & Storage, SunTrust, USF Connect. For more details on Florida Companies to Watch, visit flctw.growfl.comor email firstname.lastname@example.org.
GrowFL was created in 2009 by the Florida legislature as an economic development program focused on assisting second-stage growth companies prosper in the state of Florida. By providing strategies, resources and support to second-stage companies for next level growth through Strategic Research and peer-to-peer CEO mentoring, GrowFL helps companies overcome obstacles to growth and leads them toward prosperity. Based on the philosophy of Economic Gardening®—to grow existing businesses in a community, region or state—GrowFL, the Florida Economic Gardening Institute, is a critical component to the state’s economic development strategy and Florida’s entrepreneurial ecosystem. GrowFL is a statewide economic development organization certified by the National Center for Economic Gardening through the Edward Lowe Foundation. Website:
Anuva (http://anuva.com) is a “Design to Distribution”
7703 Technology Drive, Suite 102
West Melbourne, FL