The Florida Economic Gardening Institute reached a milestone last week when its GrowFL initiative accepted the 200th company into the advanced technical assistance program.

Collectively, the 200 companies that have received assistance from the program generated $860 million in revenue and employed 4,725 workers in 2010.

GrowFL is the only program in the country to earn official accreditation in economic gardening. It provides client companies with tools including market research and recommendations to prepare second-stage companies to grow to the next level.

“The 200 businesses we’ve served demonstrate the unique qualities of growth-oriented companies,” 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 & Commercialization. “And they represent those most likely to grow Florida’s economy.”

The Florida Economic Gardening Institute was created by the 2009 Florida Legislature to stimulate investment in Florida’s economy by providing technical assistance for expanding businesses in the state.

Source: Orlando Business Journal, GrowFL enrollment now tops 200