Maitland, FL-based Water Treatment Solutions Company Earns Recognition for International Growth Supported by Florida SBDC at UCF and its Partners
September 21, 2020
FOR IMMEDIATE RELEASE
Contact: Hal Thayer, Communications Director, FSBDC at UCF, 407.420.4850 or firstname.lastname@example.org
Orlando, Fl – Genesis Water Technologies, Inc. (GWT) has been named the 2020 Small Business Exporter of the Year by the Small Business Administration (SBA), in addition to having been the winner for the SBA North Florida District, SBA State of Florida and SBA Southeast Region competitions. The company will be recognized during SBA’s National Small Business Week, an annual event honoring the accomplishments and contributions of the best small businesses in the nation.
“It’s an honor to be recognized for this prestigious SBA national exporter of the year award” said Nick Nicholas, GWT’s Technical Director and principal. “This award is a testament to the commitment of Genesis Water Technologies’ and our global team to a world with access to a clean safe water supply for both businesses and communities.”
“National recognition of Genesis Water Technologies, Inc. as Exporter of the Year by the SBA is most certainly well deserved. The company has done remarkable work leveraging innovation and proficiency to serve the desperately important water filtration needs of municipalities and industrial clients in 43 counties and counting,” commented Eunice Choi, Regional Director, Florida SBDC at UCF.
“We at the Florida SBDC at UCF, with our partners at Enterprise Florida and the U.S. Export Assistance Center, are pleased to have contributed our international trade and export marketing expertise to the company’s success and its ability to make a difference in the world,” Choi concluded.
Genesis Water Technologies is a leading water & wastewater treatment solutions company. It was started almost 15 years ago to tackle the issues of water scarcity and inadequate water treatment with innovative and sustainable water & wastewater treatment solutions and services tailored to serving communities and industrial clients.
GWT started exporting in 2009, and with the support and assistance of the Florida SBDC at UCF’s International Trade Services program, developed a robust game plan and go-to-market strategy for foreign markets. Funded by Enterprise Florida and the State Trade Expansion Program (STEP), the company received the FSBDC’s Export Marketing Plan, which provided a roadmap for the international expansion of GWT. With this guidance and the help of the U.S. Export Assistance Center (USEAC), the company has now successfully sold in 43 countries.
Today, GWT’s export business makes up over 40% of the company’s total sales and supports its global workforce.
In addition to the FSBDC at UCF’s International Trade Services, GWT is currently benefitting from the FSBDC at UCF’s Advisory Board Council program, which provides a custom-fit advisory board comprised of volunteer independent business professionals to help accelerate GWT’s business growth.
In connection with the SBA’s national 2020 Exporter of the Year, and along with other national winners and finalists, Genesis Water Technologies will be honored in a virtual event hosted by the SBA in Washington, DC that will be held on September 22-24. In addition, and in conjunction with the SBA’s North Florida District Office, GWT and other local 2020 Small Business Week Award Winners will be recognized at a virtual Small Business Week Celebration on October 9 hosted jointly by the Florida Small Business Development Centers at UCF, UNF, FAMU and UWF, a first of its kind Small Business Week Event.
For more information about Genesis Water Technologies, Inc, please visit their website at https://genesiswatertech.com/ .
— FSBDC —
About the FSBDC at UCF
Hosted by the University of Central Florida (UCF), and with its main office in the National Entrepreneur Center located at the Fashion Square Mall in Orlando, the Florida Small Business Development Center at the University of Central Florida (FSBDC at UCF) is part of the UCF Office of Partnership & Innovation and the Florida SBDC Network.
The Florida SBDC at UCF provides aspiring and existing small businesses with no-cost consulting, low-cost training, and access to business data and research resources. In addition to its core service offering, the Florida SBDC at UCF also offers specialized services to qualifying companies, including capital access, market growth, government contracting, international trade, business continuation, cybersecurity, disaster planning and recovery, and more. The FSBDC at UCF serves an eight-county area that includes Brevard, Flagler, Lake, Orange, Osceola, Seminole, Sumter, and Volusia counties and maintains 9 service centers across Central Florida.
In 2019, the FSBDC at UCF served almost 2,500 entrepreneurs in Central Florida with consulting services, resulting in more than 10,000 jobs created, retained or saved; $1.2 billion in sales growth; $62.3 million in capital formation; $213.2 million in government contract awards; and 125 new businesses started. For more information, please visit www.sbdcorlando.com.
About the Florida SBDC Network
For over forty years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.
In 2019, Florida SBDCs provided 114,064 of professional business consulting to over 12,500 client businesses, resulting in almost 38,000 jobs impacted; $4.4 billion in sales generated; $496.5 million in government contracts acquired; and $255.3 million in capital accessed.
A statewide network of over 40 offices, the Florida SBDC is funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a 2016 recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.