Six Local Companies Named Finalists for GrowFL's 2017 Florida Companies to Watch
GrowFL has announced the 2017 Florida Companies to Watch finalists. The awards event - now in its sixth year - honors 50 select second-stage companies from throughout the state for developing valuable products and services, creating quality jobs, enriching communities, and broadening new industries throughout Florida. More than 600 companies were nominated for this year’s award. The finalists collectively represent $598 million in annual revenue and employ 3,028 full-time equivalent employees.
As an economic development organization partner of GrowFL, the Ocala/Marion County Chamber & Economic Partnership (CEP) is proud to support this event. Finalists from the Ocala/Marion County community include:
• L & M Compressor llc
• Marion Precision Tool, Inc
• Raneys Inc
• Winco Mfg., LLC
• Human Potential Healthcare
“We are so proud of all of the local companies which have been recognized as finalists by GrowFL. We believe Ocala/Marion County is the best place to do business, and these companies have all proven what a great business environment we have here," said Ryan Lilly, Vice President of Business Creation for the CEP.
The Florida Companies To Watch program consists of two rounds of selections. Finalists now advance to the second round, where they will be further evaluated based on their performance in the marketplace, innovative products, services or processes, philanthropy and empowered employees.
“We applaud these first round finalists who have shown how they stand out in their regions as innovative business leaders, going to the next level to grow their companies. They are true rock stars,” says Dr. Tom O’Neal, GrowFL Executive Director.
The Finalists represent a unique group of scalable, high-growth enterprises that are already located within Florida. These high growth enterprises are an important segment of our economy and their numbers have been steadily increasing, which contributed to Florida’s ranking of 24 on the Kauffman Index of Growth Entrepreneurship. According to this report, “entrepreneurship is not a monolithic phenomenon, and it includes many moving parts. Creating new businesses is a different economic activity from running small businesses, which in turn is different from growing businesses.” Florida Companies to Watch recognizes the different approach needed to successfully grow and scale a business, and celebrates those that are working to achieve this goal.
Developed by the Edward Lowe Foundation, Florida Companies To Watch is a distinguished awards program specifically designed to seek out second-stage businesses from a wide range of industries representing all areas of the state, not just those in major metropolitan areas. 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 winners will be announced in MID July. The 2017 honorees will be celebrated at the awards ceremony October 14, 2017 at the Straz.
The Ocala/Marion County Chamber and Economic Partnership was created to be a one-stop hub for the community’s business attraction, creation and retention efforts. The CEP’s mission is to be THE catalyst for a prosperous community. The Moving Forward plan seeks to impact the creation of 4500 new jobs with wages 15% above the county average and resulting in a capital investment of $400 million by 2021.
For more information, visit: www.OcalaCEP.com
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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, Peer Learning and Leadership Development, GrowFL helps companies overcome obstacles to growth and leads them towards 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. GrowFL has assisted more than 800 companies through the Strategic Research and CEO Roundtable programs and recognized 250 successful entrepreneurs through the annual awards program, Florida Companies to Watch. Learn more at www.GrowFL.com.