DURATION & REVENUES
Companies (corporations, partnerships, sole proprietorships) must meet both of the following criteria:
- Have been in business for 5 years or more as of October 1, 2016, and
- Have had verifiable annual revenues of $250,000 or more in 2013.
The Company must meet one or more of the following three criteria:
- A University of Florida alumnus or group of alumni* must have owned 50% or more of the company from January 1, 2013 through October 1, 2016 (or date of your Gator100 application), or
- A University of Florida alumnus must have served as the Company's chief executive (for example chairman, CEO, president or managing partner) from January 1, 2013 through October 1, 2016, (or date of your Gator100 application), or
- A University of Florida alumnus must have founded the company and been active as a member of the most senior management team from January 1, 2013 through October 1, 2016 (or date of your Gator100 application).
* UF Alumnus requires matriculation at the University of Florida
The Company must operate in a manner in keeping with the values and image of the University of Florida.
To identify the 100 fastest growing Gator-owned companies, the Gator100 will be ranked by compounded annual growth rate (CAGR). CAGR is used to determine year-over-year growth over a specific period of time.
Nominated companies will be asked to provide baseline financial information about their organization via tax returns that will enable calculation of its CAGR. Financial information will be kept strictly confidential and entrusted exclusively to our independent accounting partner, EY. All documents and information will be received and safeguarded by EY, and will not be shared with the University of Florida or its personnel. To ensure and maintain confidentiality, all records will be submitted to and maintained by EY.
Revenues and other provided financial information will not be published with the Gator100 list. The Gator100 list will include the company's name, location, Gator leadership and CAGR.
CEI and the University of Florida reserve the following rights: (1) To independently verify that nominees and applicants meet all criteria; (2) Reject any nominee or applicant for any reason, (3) Modify requirements as needed without notification.