Tech Rage IT Named a 2023 Company to Watch by GrowFL
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UCF Business Incubation Program client is one of 50 identified by state economic development organization
Winter Springs, Fla., (October 5, 2023) - It's official! Tech Rage IT is one of 50 companies identified by GrowFL as a Company to Watch in 2023.
The firm, which focuses on providing complete IT services for businesses, reached the threshold for inclusion with a 36 percent growth rate in revenues in 2022.
To qualify for the award, companies must be headquartered in Florida and have between six and 150 employees and revenue between $750,000 and $100 million.
"Inclusion in this list has been a goal of Tech Rage IT for many years as the list is a representative of the best businesses in our state," says Erica Martinez-Rose, CEO, Tech Rage IT. "The past couple of years have been ones of significant growth for our firm and we're honored to be recognized."
GrowFL's 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.
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.
71 finalists were announced earlier this year, and the 50 honorees were selected after a final round of judging by a panel of past honorees, economic development leaders and corporate partners of GrowFL.
"GrowFL Florida Companies to Watch was designed to celebrate the spirit of entrepreneurship and to shine a spotlight on the deserving second-stage businesses in our state," said Jennifer Taylor, president, and CEO of GrowFL. "Second-stage companies are the lifeblood of our economy, creating jobs and fueling prosperity and proves Florida is a place where entrepreneurs can thrive."
Companies were judged on several 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.
From 2019 through 2022, the companies on the list generated close to $2 billion in revenue and added 871 employees, reflecting a 99% increase in revenue and a 62% increase in jobs for the four-year period. That translates into a 27% average annual revenue growth and a 19% average annual growth in employees.
Tech Rage IT has been a part of the UCF Business Incubator for several years.
"Tech Rage IT is a great example of what can happen when business owners look hard at their company and make changes which equate to substantial growth," says Rafael Caamano, site manager, Winter Springs Business Incubator. "I'm extremely proud of Erica and Matt Rose and what they have been able to do with their business since I first met them when they joined the incubator in 2018."
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For more information, please contact:
For Tech Rage IT: Erica Martinez-Rose, 407-863-9825 ext. 102, Erica@TechRageIT.com.
For the UCF Business Incubation Program: Rafael Caamano, 407-408-4297 rafael.caamano@ucf.edu or Alan Byrd, Alan Byrd & Associates, 407-415-8470, alan@byrdconnections.com
About Tech Rage IT: is an award-winning, woman-owned technology firm providing managed IT services, VoIP phone services, IT consulting and more to the frustrated, defeated and disappointed businesses craving more from their technology investment.
Tech Rage IT's registered tagline "We Prevent Tech Rage" speaks to their laser focus of being a recognized leader in reducing the raging-headaches that employers and their employees face every single day due to technology problems, such as inconsistent or high IT support costs, unreliable or outdated technology, faulty or slow devices, and ransomware or lost files. Tech Rage IT, headquartered in Winter Springs, has been serving the area since 2015. Find more information about how Tech Rage IT is preventing Tech Rage at www.TechRageIT.com.
About the UCF Business Incubation Program: The University of Central Florida Business Incubation Program is a community resource that provides early-stage companies with the tools, training and infrastructure to become financially stable, high growth/impact enterprises. Since 1999, this award-winning program has provided vital business development resources resulting in over 300 local startup companies reaching their potential faster and graduating into the community where they continue to grow and positively impact the local economy.
With eight facilities throughout the region, the UCF Business Incubation Program is an economic development partnership between the University of Central Florida, the Corridor, Orange, Osceola, Seminole and Volusia Counties, and the cities of Kissimmee, Orlando and Winter Springs. In 2022, current incubator clients supported over 1200 employees and generated over $120M in revenue. Nineteen companies graduated from the program and remained in the local community. For more information, visit www.incubator.ucf.edu.
About GrowFL: GrowFL, through our diverse programs and services, provides proven methods to help overcome unique challenges facing second-stage companies as they grow. Second-stage growth companies have at least 6 employees and $750,000 in revenue and possess the intent and desire to grow beyond second-stage. GrowFL is proud to serve Florida as the state's only organization focused exclusively on supporting second-stage businesses. Website: https://www.growfl.com.
About Edward Lowe Foundation: The Edward Lowe Foundation was established in 1985 by Ed and Darlene Lowe to leverage entrepreneurship as a strategy for economic growth and community development. The foundation's entrepreneurship initiatives focus on second-stage companies, which are growth-oriented firms that have moved beyond startup but have not yet reached maturity. Its peer learning, leadership education, and strategic information programs are geared to help these companies continue growing. For more information, visit www.EdwardLowe.org