To be considered for the Seminole 100, companies (corporations, partnerships, sole proprietorship's) must meet all of the following criteria:
Must have been in business as of January 1, 2016, and
Must have had verifiable revenues of $100,000 or more for calendar year 2016 and
Must have verifiable revenues of $250,000 or more for the 2018 calendar year.
In addition, the company must meet one or more of the following criteria:
A FSU alumnus or group of FSU alumni that has ownership in the company for three consecutive years prior to nomination, or
A FSU alumnus that has served as the company's chief executive (for example chairman, CEO, president or managing partner) for three consecutive years prior to nomination, or
A FSU alumnus that founded the company and has been active as a member of its senior management team for three consecutive years prior to nomination.
Alumni owners from publicly-traded companies must be listed on SEC filings 10-K for the last year submitted.
Additional FSU alumni honorees within a company may be recognized, but they must be top-level leadership (i.e. Owner, Founder, President, Executive Director, Chairman of the Board, Partner)
Publicly-traded companies are eligible to apply for the Seminole 100. However, in order for an owner or executive-level leader to be considered a Seminole 100 honoree, the alumni’s name must be listed as an owner on the company’s most recent SEC Form 10-K .
Top Revenue Indicator for Business Excellence
In 2019, the Jim Moran Institute for Global Entrepreneurship introduced a new award, the TRIBE Award, which is presented to the FSU alumni company with the highest 3-year average revenue. Minimum Qualifications for the TRIBE Award are the same as the Seminole 100, as outlined above. The average revenue will be calculated as a simple average of sales/revenues (net of returns) for 2016, 2017, and 2018. A company need not make the Seminole 100 list for growth to be presented with the TRIBE Award. Past TRIBE Award recipients are not eligible. The company which is awarded the TRIBE Award will be expected to sign a disclosure agreement permitting their average revenue number to become publicly disclosed.
To ensure the integrity and credibility of the list, EY carefully verifies the revenue numbers for every applicant using the Compound Annual Growth Rate (CAGR) formula. Submitting documentation early will ensure accurate coverage.
In order to submit your revenue numbers you must complete the Seminole 100 Revenue Verification Form. A copy of this form is also available at the end of the Seminole 100 application. Please submit your company's revenue verification form to email@example.com by July 31, 2019.
March 3, 2019 - May 31, 2019
June 1, 2019 - July 31, 2019
Vetting Alumni Status:
August 2019 - October 2019
2020 Seminole 100 Celebration:
February 22, 2020
EY and Florida State University reserve the following rights: (1) To independently verify that applicants and nominees meet all criteria, (2) Reject any nominee or applicant for any reason, (3) Modify requirements as needed without notification.