Three Volusia Businesses on GrowFL Companies to Watch List

Details Flowers Software, Techfit Digital Surgery and Yaupon Brothers American Tea Co. are among the 50 companies recognized as Florida Companies to Watch by GrowFL.

The awards program – now in its 12th year – honors second-stage companies from throughout the state for developing valuable products and services, creating quality jobs, enriching communities and broadening new industries throughout Florida, according to a GrowFL media release.

Companies to Watch was developed by the Edward Lowe Foundation as a 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, according to the release.

66 finalists were announced earlier this year, and the 50 honorees were selected after a final round of judging by a panel comprised of past honorees, economic development leaders and corporate partners of GrowFL.  Companies were judged on a number of criteria including growth in number of employees; 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, GrowFL said in the release.

“GrowFL Florida Companies to Watch was designed to celebrate the spirit of entrepreneurship and to shine a spotlight on the most deserving companies,” said Jennifer Taylor, president, and CEO of GrowFL, . in the release. “This year’s honoree span 21 different counties, represent 22 different industries and 50% of them are woman, veteran, or minority owned. This diverse group of honorees can only mean one thing – Florida is the place where entrepreneurs thrive!”

Since the first awards celebration in 2011, GrowFL has honored 550 companies from throughout Florida with this award.

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. From 2018 through 2021, these companies generated $1 billion in revenue and added 881 employees, reflecting a 96% increase in revenue and a 104% increase in jobs for the four-year period. That translates into a 24% average annual revenue growth and a 26% average annual growth in employees.

Truli for Health Set to Launch in St. Johns and Duval Counties

Truli for Health (Truli), an affiliate of Florida Blue and an independent licensee of the Blue Cross and Blue Shield Association, is a new health maintenance organization (HMO) launching in January 2023 for businesses in Duval and St. Johns counties, according to a media release.

Truli was built from the ground up to be an integrated model with Flagler Health+ in St. Johns County and UF Health Jacksonville in Duval County, the release states.

“Employee health care costs are one of the biggest concerns for small and mid-size business owners. Some have chosen to not offer health care coverage to their employees because the cost was out of reach,” said Phil Lee, Florida Blue vice president, Strategic Provider Partnerships and president, Truli for Health, in the release.

Truli for Health is available for businesses to package with other Florida Blue health plans to offer their employees multiple health plan options so they can find the one that best fits their budget and specific needs.  

“As a true care partner on life’s journey, Flagler Health+ is committed to providing innovative care in both new ways and new places, while reducing costs,” said Flagler Health+ President and CEO, Carlton DeVooght, in the release.

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