GrowFL Announces 2020 Florida Companies to Watch Finalists
TechHouse was among the first round of the 2020 Florida Companies to Watch finalists recently announced by GrowFL. The awards event – now in its tenth 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. We were selected from more than 400 nominations and are now in the running to be named a 2020 GrowFL Florida Companies to Watch Honoree. If selected as an honoree, we will join the 450 honorees that have been recognized since 2011.
Together, the 2020 GrowFL Florida Companies to Watch Finalists represent nearly 3,000 jobs and generate $670 million in revenue. These companies, all of which are “worth watching,” anticipate a growth of 13 percent in revenue and 23 percent in employment by the end of 2020.
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. According to the Kauffman Foundation, “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.” GrowFL 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.
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.”
We are thrilled to be selected alongside some of the top second-stage companies in the State of FL and want to congratulate and wish continued success to all of the other nominees!