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News Release

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For Immediate Release

Now Accepting Applications

11th GrowFL Florida Companies to Watch Awards

Second-Stage Businesses Compete to Earn Prestigious Honor

(City, Fla) – (NAME OF YOUR ORGANIZATION) is proud to announce that GrowFL, Florida’s leading organization in support of second-stage growth companies, is now accepting applications for its annual Florida Companies to Watch® awards program. The program - now in its eleventh year - honors 50 select second-stage companies from throughout the state for developing valuable products and services, creating quality jobs, enriching communities, and creating new industries throughout Florida.

The 11th Annual GrowFL Florida Companies to Watch program is brought to you by Nperspective CFO & Strategic Services, in association with the Edward Lowe Foundation.

Eligible applicants must be privately held, second-stage commercial enterprises. Qualifying companies must also be headquartered in the state of Florida, employ between 6 and 150 employees, and earn between $750,000 and $100 million in annual revenue. A selection panel of judges representing areas of finance, technology, entrepreneurship, and small business select honorees that have demonstrated past and future growth opportunities, entrepreneurial leadership, product innovation, community responsibility and competitive business practices.

“We are excited to hold this prestigious awards program for the 11th year and continue to recognize the second-stage businesses who are an integral part of Florida’s economic landscape,” says Dr. Tom O’Neal, GrowFL Founder. “The innovation and resiliency shown by the entrepreneurs in our state continues to impress me year after year. We look forward to celebrating them.”

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GrowFL is a statewide economic development organization and hosts the awards program in partnership with the Edward Lowe Foundation, a national, nonprofit organization that supports entrepreneurship through research, recognition and educational programs. The foundation focuses on second-stage companies — those that have moved beyond the startup phase and seek significant, steady growth. GrowFL, in turn, helps second-stage companies in Florida overcome obstacles and leads them towards prosperity by providing strategies, resources and support designed to prepare them for next level success.  A typical GrowFL Florida Companies to Watch class is comprised of businesses who collectively gross over $450 million in annual revenue, add more than 350 new jobs per year, average a 30% increase in earnings, and experience almost 20% growth in employees annually. They represent growth companies in all industries from throughout the state of Florida.

Applications are open through June 14, 2021. The 11th Annual GrowFL Florida Companies to Watch awards ceremony will be held on Thursday, February 10, 2021 in Orlando, Florida. For more information and to apply, please visit

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About GrowFL

GrowFL is dedicated to support and accelerate the growth of second-stage companies throughout Florida, by providing their leaders focused, efficient, and timely access to resources they deem important, such as connections with other second-stage company leaders, and to professional organizations whose expertise, experience, and products lead to the second-stage company’s continued growth and prosperity resulting in diversification and growth of Florida’s economy. Second-stage growth companies have at least 6 employees and $750,000 in revenue and possess an intent and desire to grow beyond second-stage. Website:

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