Meet the Winners of the 2015 Florida Companies to Watch

Meet the Winners

Congratulations to the Class of 2015 Florida Companies to Watch

2015 Florida Companies to Watch
Economic Impact of 50 Second-Stage Companies

$457 million in total annual revenue
30 percent increase in total annual revenue compared to 2013
2,019 full-time equivalent employees
374 net new jobs projected for 2015

Increasing Impact

From 2011 through 2014, these companies generated more than $1.2 billion in revenue and added 996 employees, reflecting a 140 percent increase in revenue and 97 percent increase in jobs for the four-year period. That translates into a 24 percent annual revenue growth and 19 percent annual growth in employees.

These companies project continued growth in 2015, with a 23 percent revenue increase and 19 percent growth in employees compared to 2014. If their projections hold, these companies will have generated $1.8 billion in revenue and added 1,371 employees over the last five years — a 196 percent increase in revenue and 134 percent increase in jobs since 2011.

Meet All 50 Companies Here


Location: Lake Mary, FL
Year Founded: 2011
Primary Business: Manufacturing
Growth Last Year: 201%


CEO: Chris Morton

NanoPhotonica is leading the way in developing the next generation of electronic displays. The company provides innovative nano‐materials and processing techniques that enable electronic displays to have higher resolution, purer colors, and higher efficiency at significantly reduced processing cost.

With its offices in Lake Mary, NanoPhotonica has been growing at an exponential rate in recent years, posting an impressive 201-percent spike in revenue during 2014. The year before, the level of growth was even higher – 271 percent.

The company was able to increase its staff as a result of recent joint development agreements and government grants from the National Science Foundation. The agreements have led to partnerships with some major display manufacturers around the world, setting the stage for continued growth.

NanoPhotonica’s display technology involves nano-materials and advanced techniques for generating light by using Quantum Dot‐Light Emitting Diodes (QD‐LED) structures. Quantum Dots have recently become one of the hottest new trends in the tech industry for a variety of applications. The company holds a number of patents on this intellectual property. Its progress with QD‐LED has gained the company worldwide recognition as the technical leader in distinguished papers and has resulted in various technical achievement awards.

The practical result of this technology is longer battery usage for smartphones and tablets, as well as greater efficiency in powering high-definition televisions and computer monitors.


Meet More Winners Here

Florida Companies on Growth “Watch” List

WinnersBanner_FL2015_squareEntrepreneurial styles, corporate cultures give these second-stage companies competitive advantages

Lake Mary, Fla. (Sept 4th) — NanoPhotonica is among 50 statewide companies expected to see significant growth over the next several years. NanoPhotonica was selected from more than 500 nominees for Florida Companies to WatchSM, a statewide program managed by economic development group GrowFL, in association with the Edward Lowe Foundation.

“All of us at NanoPhotonica are both excited and proud to have won this award. It feels good to be part of a community of young, Florida-based companies that are making their mark worldwide.” -CEO Chris Morton

NanoPhotonic’s management team, competitive market position and strong community involvement were among several factors that put them in contention for the award.

“These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” said Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute and associate vice president for the University of Central Florida’s Office of Research and Commercialization. “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets,” he said.


Joining NanoPhotonica on the Florida Companies to Watch list are the following Florida-based businesses:

  • Accessibility Services, Inc. (Homossassa)
  • Atlantic Logistics Inc. (Jacksonville)
  • Auto Customs, LLC (Ocala)
  • Biological Tree Services (Sarasota)
  • Bruno Air Conditioning (Bonita Springs)
  • Coastal Cloud (Palm Coast)
  • CTI Physician Leadership Institute (Tampa)
  • Design Interactive, Inc. (Orlando)
  • edgefactory (Orlando)
  • Fit2Go (Miami)
  • GENICON (Winter Park)
  • GPS Industries, LLC (Sarasota)
  • Highway Systems Incorporated (Sumterville)
  • Ideal Aluminum Products (St. Augustine)
  • Image Skincare (Lantana)
  • Intelligent Retinal Imaging Systems, LLC (IRIS) (Pensacola)
  • IQ Formulations (Tamarac)
  • ISGF (Orlando)
  • ITS Fiber (Indiantown)
  • KRS Global Biotechnology (Boca Raton)
  • Leapfactor (Miami)
  • Locus Traxx Worldwide (Jupiter)
  • com (Pompano Beach)
  • Modus Operandi, Inc. (Melbourne)
  • Moguldom Media Group LLC (Fort Lauderdale)
  • Momentum Consulting Corp. (Miami Lakes)
  • NanoPhotonica (Lake Mary)
  • Noble (Orlando)
  • Novel Engineering, Inc. (Cocoa Beach)
  • Orion Technologies, LLC (Orlando)
  • Pan American Food Brokers Inc. (Miami)
  • Quality Enclosures, Inc. (Sarasota)
  • QualityHub, Inc. (Orlando)
  • Quantachrome Corporation (Boynton Beach)
  • Red Lambda, Inc. (Longwood)
  • RIP-IT Sports (Orlando)
  • Rochester Electro-Medical, Inc. (Lutz)
  • RUSH Construction, Inc. (Titusville)
  • Savage Race (Orlando)
  • Source1 Purchasing (Boynton Beach)
  • Symphonic Distribution (Wesley Chapel)
  • Synergy Billing, LLC (Daytona Beach)
  • Technical Software Services, Inc. (Pensacola)
  • The Balmoral Group (Winter Park)
  • The Villages Insurance (The Villages)
  • Uproar PR (Orlando)
  • Victory Marketing Agency (Ft. Myers)
  • WomenCertified, Inc. (Hollywood)
  • YellowPepper (Miami)
  • Zobily (Sarasota)

“This is a strong group of companies that deserve this special recognition given annually to the state’s top second stage companies,” said Dr. O’Neal. Second-stage companies are defined as those with six to 99 full-time employees and between $750,000 and $50 million in annual revenue. There are many programs and incubators promoting start-up businesses; GrowFL is the only Florida program that focuses exclusively on second-stage companies.

The 50 companies named the 2015 Florida Companies to Watch generated a total of more than $1.2 billion in revenue and added nearly 1,000 employees between 2011 and 2014. Together, the companies project a 23 percent increase in revenue and 19 percent increase in job growth in 2015.

Companies named to the list will be officially recognized November 5 at the Hard Rock Live, Universal CityWalk, Orlando.

For more information, visit

More About GrowFL:

GrowFL provides strategies, resources and support, including strategic research and peer-to-peer CEO mentoring and leadership development, to second-stage Florida companies. Created by the Florida legislature in 2009 and grounded in the philosophy of Economic Gardening® — growing existing businesses in a community, region or state — GrowFL is a critical component of the state’s economic development strategy and Florida’s entrepreneurial ecosystem. GrowFL is certified by the National Center for Economic Gardening through the Edward Lowe Foundation. Website:

About the 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 second mission of land stewardship and is committed to preserving the natural resources and historically significant structures at Big Rock Valley, its 2,600-acre home in southwest Michigan.


GrowFL Announces 2015 Florida Companies to Watch Finalists

NanoPhotonica Inc. Among Second-Stage Businesses Competing to Earn Prestigious Honor

NanoPhotonica was among the first round of 2015 Florida Companies to Watch finalists recently announced by GrowFL. The awards event – now in its fifth year – honors 50 select second-stage companies from throughout the state for developing valuable products and services, creating quality jobs, enriching communities, and broadening new industries throughout Florida. More than 500 companies were nominated for this year’s award. The 101 finalists collectively represent $694 million in annual revenue and employ 3,280 full-time equivalent employees.

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, all of which exhibit impressive strengths in entrepreneurial leadership, product innovation, social/community responsibility and competitive business practices,” says Dr. Tom O’Neal, GrowFL Executive Director.

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 late August. The 2015 honorees will be celebrated at the awards ceremony November 5th at the Hard Rock Live at Universal Resort.

For more information visit

About GrowFL

GrowFL was created in 2009 by the Florida legislature 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 800 companies through the Strategic Research and CEO Roundtable programs and recognized 200 successful entrepreneurs through the annual awards program, Florida Companies to Watch. Learn more at

NanoPhotonica Develops Breakthrough Technology for QLED Flat Panel Displays

ORLANDO, Fla.–(BUSINESS WIRE)–NanoPhotonica, a developer of advanced materials, has perfected realizable, breakthrough QLED display technology that it is commercializing for mass production.

The company’s S-QLED technology improves on the picture quality and power consumption achieved by recently introduced OLED displays, while significantly reducing cost and improving lifetime well beyond what OLED can achieve. NanoPhotonica’s materials and design solution is cost-effective on the full range of displays from smartphones to large devices like TVs.

Improvements have been made in image quality with the newer OLED technology, but high manufacturing costs, yield limitations and limited lifetime make it expensive and challenging for all but the smallest devices.

NanoPhotonica is currently working with several leading display manufacturers to commercialize devices based on its proprietary technology. Work at independent laboratories previously identified key performance advantages.

“Most current electronic products have LCD displays that are power hogs and provide picture quality that, as we all know, leaves a lot to be desired,” explains CEO Dr. Christopher Morton. “Improvements have been made in image quality with the newer OLED technology, but high manufacturing costs, yield limitations and limited lifetime make it expensive and challenging for all but the smallest devices.”

Displays made using NanoPhotonica S-QLED technology will provide better picture technology than OLED, use 30 per cent less power, will be priced up to 75 per cent lower and last twice as long. The technology’s versatility across all display sizes is made possible through cost-effective ink jet printing that requires no vacuum deposition.

“NanoPhotonica has a game-changing approach to the materials, design and manufacture for displays,” adds Morton. “We’re excited by the benefits we bring to the industry and by the response we have had from major display producers worldwide. Our focus is to accelerate work with existing and new display partners to bring this QLED technology to market soon. Our materials are enabling similar advances in the solar industry, and we intend to announce more about those programs shortly.”

About NanoPhotonica

NanoPhotonica, based in Orlando, FL, brings innovative nanomaterials and production techniques to enable market-altering improvements to a range of photoelectric applications, including displays, solar panels and other electronic device industries.

Nanophotonica explains to TV 20’s David Snyder how he expects this material to work

by David Snyder – Technology Spotlight

It’s a “special sauce” without the “two all beef patties.” Instead, it may be used to dramatically spice up our smart phones. A highly-secret material made of microscopic particles developed at the University of Florida appears to have a very bright future in products as diverse as cell phones, solar panels, and inkjet printers. In the Technology Spotlight, Chris Morton, Ph.D., of a company called Nanophotonica explains to TV 20’s David Snyder how he expects this material to work.

Click to download in FLV format (7.43MB)