Multicom is proud to announce that we have advanced to the final round of the prestigious GrowFL Florida Companies to Watch – list of “Second-Stage Entrepreneurs”. As a finalist, Multicom is among an elite group of companies in the running to be selected as an Official Honoree.
GrowFL Florida Companies to Watch celebrates growing second-stage companies headquartered in Florida. 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, making them “worth watching.” Presented by GrowFL, in association with Edward Lowe Foundation, Florida Companies to Watch is an awards program like no other.
The Edward Lowe Foundation conducted a series of focus groups with growth-minded second-stagers. What was especially interesting, participants described four phases within the second stage:
- Overwhelmed: Second-stagers no longer worry about survival on a daily basis as they did during startups days.
- Building the Team: Bringing on people with skill sets that both complement and replicate their own expertise is one of the most important things second-stage entrepreneurs can do.
- Growing to Last: This phase is about creating strategic plans, processes, and organizational structures in order to scale the company profitably.
- Focused Opportunities: As second-stage entrepreneurs become more strategic, they get better at recognizing specific opportunities to take advantage of — which can include anything from acquiring another company to expanding their product line.
It has been determined that Multicom meets all of these second-stage qualifications, and will move on to the next phase of the selections. Honorees will be announced at the end of September.
GrowFL: As the only statewide organization focused exclusively on second-stage and emerging second-stage growth companies, GrowFL’s philosophy is to identify, serve and celebrate these companies that have the best potential to contribute to Florida’s economy.