Altavian, Inc., SEARCH and Shadow Health, Inc. were among the 50 leading second-stage companies chosen for the prestigious “Florida Companies to Watch” award. The Gainesville-based companies will accept their awards on Oct. 23 in Orlando.
The awards program "Florida Companies to Watch" celebrates privately-held, second-stage companies headquartered in the state. To be eligible, applicants must employ from six to 99 full-time equivalent employees and generate between $750,000 and $50 million in annual revenue or working capital. Awards are selected for demonstrating an intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership, sustainable competitive advantage, outstanding corporate culture, inspired community giving and other strengths.
“These three companies are great examples of this region’s innovative capacity as well as an ecosystem conducive to growing companies in multiple industry sectors,” said Susan Davenport, Vice President of Economic Development for the Gainesville Area Chamber of Commerce.
In 2014, Altavian finalized a funding agreement with the Florida Institute for Commercialization of Public Research to support new company creation and job growth. The American Business Awards selected SEARCH, INC. for a “Company of the Year” award recently. The company also received a $20 million contract from USACE Fort Worth District to provide archaeology, underwater archaeology and historic architectural services for military and civil engineering projects. Shadow Health, a Florida Innovation Hub at the University of Florida graduate, announced a $200,000 deal with the Florida Institute for the Commercialization of Public Research for equity funding.