Inspired Technologies selected as one of GrowFL’s Florida Companies to Watch

GrowFL is excited to announce the 50 statewide companies expected to see significant growth over the next several years. These 50 companies were selected from more than 500 nominees for Florida Companies to WatchSM, a statewide program managed by economic development group GrowFL, in association with the Edward Lowe Foundation.

The winning company’s management team, competitive market position and strong community involvement were among several factors that put them in contention for the award.

“These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” 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. “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets,” he said.

Below is the list of the Florida Companies to Watch honorees:

3D Digital
A1A Solar Contracting, Inc
Amazing Explorers Academy
Azure Water Company
Big Top Brewing Company LLC
Boys Electrical Contractors
Captozyme Inc
Cribb Philbeck Weaver Group
Dixie Belle Paint Co
Dougherty Manufacturing
GenCare Resources Home Healthcare
Global ETS, LLC
Global Safety Management
Grimaldi Candy Company
Human Potential Healthcare Workforce Solutions, LLC
Hydra Engineering & Construction, LLC
Hydro-Dyne Engineering
Inspired Technologies
JAX Refrigeration, Inc.
Jaycon Systems
Just Ryt Foods, Inc
K. Parks Consulting, Inc. (KPC)
Lap of Love Veterinary Hospice
Lightspeed Voice
LiveTrends Design Group
Madrid Engineering Group, Inc.
Marion Precision Tool, Inc
Mini Doughnut Factory
Natural Vitamins Laboratory LLC
Raneys Inc
REDCON Solutions Group, LLC.
RedTeam Software
SawStreet LLC
Sorensen Moving and Storage
Spoleto My Italian Kitchen
Stickboy Creative
Verdex Construction
Winco Mfg., LLC
Xplor Inc
Yachtico Inc.
Zennergy LLC

“This is a strong group of companies that deserve this special recognition given annually to the state’s top second stage companies,” said Dr. O’Neal. Second-stage companies are defined as those with six to 150 full-time employees and between $750,000 and $100 million in annual revenue. There are many programs and incubators promoting start-up businesses; GrowFL is the only Florida program that focuses exclusively on second-stage companies.

Summary of Winner Demographics
7 Regions, 19 Counties and 27 Cities Represented
54% Women, Veteran and/or Minority‐Owned
58% Limited Liability Company; 32% S Corporations
Oldest Company Formed: 1946 Newest: 2015
19 Different Industries Represented
Largest industry representation – Manufacturing 22%
Total 2016 Revenue: $391 million | Average 2016 Revenue: $7.8 million
Total 2016 Employment: 1,948 | Average 2016 Employment: 39
Economic Impact Between 2012 and 2015: Revenue $1 billion

Join us on October 14, 2017 at the Straz Performing Arts Center in Tampa, FL as we recognize these companies for their outstanding achievement.