Criteria

2018 Gator100 Qualification

DURATION & REVENUES

Companies (corporations, partnerships, sole proprietorships) must meet both of the following criteria:
  1. Have been in business for 5 years or more as of October 1, 2017, and
  2. Have had verifiable annual revenues of $250,000 or more every year since calendar year in 2014, or for the past three full fiscal years.

LEADERSHIP

 

The Gator Leader(s) 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, 2014 through October 1, 2017 (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, 2014 through October 1, 2017, (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, 2014 through October 1, 2017 (or date of your Gator100 application).

* UF Alumnus requires matriculation at the University of Florida

CHARACTER

 

The Company must operate in a manner in keeping with the values and image of the University of Florida, "We, the members of the University of Florida community, pledge to hold ourselves and our peers to the highest standards of honesty and integrity."

REQUIRED INFORMATION

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.