GrowFL Announces '2021 Florida Companies to Watch' Finalists

SourceFuse Among Second-Stage Businesses Competing to Earn Prestigious Honor

[Jacksonville, Florida] Sep 21, 2021

SourceFuse was among the first round of the ‘2021 GrowFL Florida Companies to Watch’ finalists recently announced by GrowFL. The awards event, now in its eleventh 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. 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.

Together, the 2021 GrowFL Florida Companies to Watch Finalists represent over 2,000 jobs and generate $498 million in revenue. These companies, all of which are “worth watching,” anticipate a growth of 64 percent in revenue and 39 percent in employment by the end of 2021.

“We’re thrilled to be selected alongside other top companies in the state. We’ve always prided ourselves in bringing innovation, inspiration and great leadership to our working environment – and to be recognized for our passion gives everyone at SourceFuse a great sense of achievement!”

Kelly Dyer, Co-Founder and Co-CEO, SourceFuse

The finalists were selected from hundreds of nominations across the state and are now in the running to be named a GrowFL Florida Companies to Watch Honoree.  If selected as an Honoree, these exemplary second-stage companies will join the 500 second-stage companies across the state that have been recognized since 2011. 

“We applaud these first-round finalists who have proved themselves to be stand out companies in the state. These business owners demonstrate the resiliency and tenacity that goes hand in hand with being an entrepreneur. There is no doubt they have been challenged over the past year, but their perseverance and innovation has been admirable. We are excited to recognize our state’s admirable business owners and their teams who continue to make a significant impact on Florida’s economy,” says Dr. Tom O’Neal, GrowFL Founder.

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.” 

 The 2021 Honorees will be recognized on February 17, 2022, at the Hard Rock Live in Orlando, Florida. For more information, visit this link

About SourceFuse:

SourceFuse Inc. is transforming the way today’s most successful companies develop breakthrough roadmaps leveraging cloud-based technologies. A leading AWS Advanced Consulting Partner, SourceFuse has delivered over 600 AWS implementations that boost efficiency, ensures compliance, delivers actionable insights and lowers total cost of ownership.

With 15 years of deep expertise, commitment to digital innovation, service excellence and customer success, we enable enterprises through application modernization and windows migration services of legacy workloads. Headquartered in the United States, SourceFuse has regional offices in the UK, Australia and India.

Get to know more about the services & solutions that SourceFuse successfully delivered on the cloud.

 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.

 About the Edward Lowe Foundation:  

The Edward Lowe Foundation was established in 1985 by Ed and Darlene Lowe to leverage entrepreneurship as a strategy for economic growth and community development. The foundation’s entrepreneurship initiatives focus on second-stage companies, which are growth-oriented firms that have moved beyond startup but have not yet reached maturity. Its peer learning, leadership education, and strategic information programs are geared to help these companies continue growing.