RITE Technology Among Second-Stage Businesses Competing to Earn Prestigious Honor
May 30, 2017 (Sarasota, FL) RITE Technology was among the first round of 2017 Florida Companies to Watch finalists recently announced by GrowFL. The awards event – now in its seventh year – honors 50 select second-stage companies from throughout the state of Florida for developing valuable products and services, creating quality jobs, enriching communities, and broadening new industries throughout Florida. Chosen from a candidate pool of more than 800 nominations, the finalists collectively represent $598 million in annual revenue and employ 3,200 full-time equivalent employees.
David Polimeni, RITE’s President and CEO says, “We are honored to be recognized as a finalist in this years ‘Florida’s companies to watch’. All of us at RITE strive every day to exceed our customers expectation and I would contend that this initiative has allowed us the prestige of recognition like this.”
The Florida Companies to Watch program consists of two rounds of selections. Finalists now advance to the second round, where they will be further evaluated based on their performance in the marketplace, innovative products, services or processes, philanthropy and empowered employees.
“We applaud these first-round finalists who have shown how they stand out in their regions as innovative business leaders, going to the next level to grow their companies. They are true rock stars,” says Dr. Tom O’Neal, GrowFL Executive Director.
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, which contributed to Florida’s ranking of 24 on the Kauffman Index of Growth Entrepreneurship. According to this report, “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.” 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.
Presented by GrowFL and developed by the Edward Lowe Foundation, Florida Companies To Watch is a distinguished awards program specifically designed to seek out second-stage businesses from a wide range of industries representing all areas of the state, not just those in major metropolitan areas. 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 winners will be announced in MID July. The 2017 honorees will be celebrated at the awards ceremony October 14th at The Straz Center for the Performing Arts in Tampa, FL.
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About RITE Technology
Established in 1989. RITE sells and services document systems such as: printers, copiers and multifunction devices; software solutions to maximize office efficiency, as well as electronic presentation systems. With a laser focus on “exceeding Customer expectations and caring for employees,” RITE has achieved an exceptional ability to excel in customer satisfaction. No matter the size of the client, whether few employees or thousands, RITE has an eye for driving technology change and creating results focused office efficiency. For more information on Rite Technology’s business products, contact Rite Technology – 1744 Independence Blvd, Sarasota, FL 34232. For online product and service information, visit our web site at www.ritefl.com. Become a fan of Rite Technology on Facebook and LinkedIn.
About GrowFL
GrowFL was created in 2009 as an economic development program focused on assisting second-stage growth companies prosper in the state of Florida. By providing strategies, resources and support to second-stage companies for next level growth through Strategic Research, Peer Learning and Leadership Development, GrowFL helps companies overcome obstacles to growth and leads them towards prosperity. Based on the philosophy of Economic Gardening® — to grow existing businesses in a community, region or state — GrowFL, the Florida Economic Gardening Institute, is a critical component to the state’s economic development strategy and Florida’s entrepreneurial ecosystem. GrowFL is a statewide economic development organization certified by the National Center for Economic Gardening through the Edward Lowe Foundation. GrowFL has assisted more than 1000 companies through the Strategic Research and CEO Roundtable programs and recognized 300 successful entrepreneurs through the annual awards program, Florida Companies to Watch. Learn more at www.GrowFL.com.
About Edward Lowe Foundation
Established in 1985, the Edward Lowe Foundation is a national, nonprofit organization that supports entrepreneurship through research, recognition and educational programs, which are delivered through entrepreneur support organizations (ESOs). The foundation focuses on second-stage companies — those that have moved beyond the startup phase and seek significant, steady growth. In addition, the foundation has a mission of land stewardship and is committed to preserving the natural resources and historically significant structures at Big Rock Valley, its 2,000-acre home in southwest Michigan. Learn more at www.edwardlowe.org.
