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, Ernst & Young (EY). To ensure and maintain confidentiality, all financial documents will be submitted to and maintained by EY. These documents will not be shared with the University of Florida or its personnel.
Forms accepted by EY to verify sales or revenues (net of returns) include ONE of the following: (1) audited, reviewed or compiled financial statements for the years 2016, 2015 and 2014, or your most recently completed three fiscal years; (2) copy of first section of U.S. Income Tax Return for the years 2016, 2015 and 2014, or your most recently completed three fiscal years (forms accepted: 1120, 1120S, 1065, Schedule C); (3) Letter from an external accountant attesting to revenue level for the years 2016, 2015 and 2014, or your most recently completed three fiscal years.
Revenues and other provided financial information will not be published with the Gator100 list.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.
The UF Alumni Association, UF Entrepreneurship & Innovation Center and 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.