By JOLT Experts on Oct 11, 2021 11:57:44 AM
Outstanding leadership, culture, and growth were key areas of evaluation stand-out.
Tampa, October 12th, 2021
JOLT is pleased to be among the top 50 second-stage companies in Florida selected as a 11th Annual GrowFL Florida Companies to Watch honorees, a statewide competition that identifies companies expected to see significant growth over the next several years. The 11th Annual GrowFL Florida Companies to Watch awards celebration is brought to you by Nperspective CFO & Strategic Services, in association with the Edward Lowe Foundation.
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.
82 finalists were announced earlier this year, and the 50 honorees were selected after a final round of judging by a panel of independent judges comprised of past honorees, economic development leaders, and corporate partners of GrowFL. Companies were judged on several criteria including growth in number of employees; the impact of the business in the job market; increase in sales and/or unit volume; current and past financial reports; innovativeness of the product or service; response to adversity; and contributions to aid community-oriented projects.
“This group of Honorees represents 20 counties, 20 different industries and almost 50% of them are women, veteran or minority-owned. They have demonstrated notable growth and have the courage and tenacity it takes to be a successful entrepreneur. Despite the challenges thrown their way and pivoting through a pandemic, these companies embody the unshakeable resiliency of Florida’s entrepreneurs,” said Lisa McIntosh, GrowFL Florida Companies to Watch Chair and founder of C-E-Optimal Advisors.
“We are very excited to be included in GrowFL’s list as it affirms all of the hard work and sacrifices our team has made over the past year.” Said Chris Thilburg, President of JOLT Advantage Group.
“Year after year, these outstanding companies continue to impress me. These are the CEOs, managers, and team members who are making the biggest impact on our state’s economy,” said Russell Slappey, CEO of Nperspective CFO & Strategic Services and event title sponsor. “They deserve to be celebrated now and into the future as they continue to grow, continue to innovate, and continue to be a company we all should watch.”
To qualify for the award, companies must be headquartered in Florida and have between 6 and 150 and revenue between $750,000 and $100 million in 2020. Even through the pandemic, these companies projected continued growth in 2021, with a 62% revenue increase and 49% growth in employees compared to 2020. If their projections hold, these companies will have generated $1.7 billion in revenue and added more than 1,500 employees over the last five years — a 263% increase in revenue and a 206% increase in jobs since 2017.
About JOLT Advantage Group:
At JOLT, we free humans of the robotic work they hate, allowing them to be more strategic, analytical, creative, and truly happy. Our 360° RPA & Intelligent Automation solutions drive operational efficiency, optimize customer experience, and maximize employee satisfaction while helping our clients achieve real digital transformation success. JOLT's comprehensive Intelligent Automation portfolio is equipped with the world's leading RPA software platform, purpose-built automation frameworks, intelligent transformation accelerators, custom change management strategy, and highly experienced automation veterans.
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 the intent and desire to grow beyond second-stage.