Tag Archives: IQ Formulations South Florida

Sun Sentinel Highlights IQ Formulations’ Rapid Growth

The South Florida Sun Sentinel published an excellent piece over the weekend which spotlighted IQ Formulations remarkable business successes over the past five years. This included the company’s recent inclusion on both the Inc. 5000 list of the nation’s fastest growing private companies, as well as GrowFL’s Florida Companies to Watch list for 2015.

Check out the full article and its quotes from CEO Jay Cohen of IQ Formulations below:


Broward supplement maker recognized as ‘company to watch’

A 5­-year-­old company in Tamarac that makes weight loss and body conditioning supplements has been recognized by an economic development program as one of 50 “Florida Companies to Watch.”

IQ Formulations, whose products are sold at pharmacies, vitamin stores and online, has grown from two employees and $100,000 in sales in 2010 to 46 employees this year with $20 million in projected sales, said Jay Cohen, the company’s president and chief executive.

The distinction as a company to watch is awarded by economic development group GrowFL and the Edward Lowe Foundation, a Michigan ­based organization that offers education programs for entrepreneurs. GrowFL was created in 2009 by the Florida Legislature to provide strategies, resources and support to “second­stage”
companies — businesses that have outgrown the startup stage and are ready for growth.

Cohen said the recognition is a testament to the brand, the products they make and the people behind the company.

The award will likely open doors to IQ Formulations within the industry and strengthen existing relationships, Cohen said. This year, IQ Formulations also ranked No. 572 in the Inc. 5000 list of the fastest­growing private U.S. companies.

Attention from the Inc. 5000 and GrowFL honors has also increased the Tamarac company’s profile within the community and encouraged people looking for jobs to contact the company, Cohen said.

“It has expanded our future employee base to fantastic candidates I wouldn’t have known about,” Cohen said. “It’s like getting a text message from a long­lost friend. It warms your heart.”

A group of professionals from economic development, banking and small business industries chose the winners. Combined, their companies made more than $1.2 billion in revenue and added 996 jobs between 2011 and 2014, according to GrowFL.

Other South Florida winners include: Fit2Go, Leapfactor, Momentum Consulting, Pan American Food Brokers and YellowPepper, all in Miami­Dade County; LogoUp.com, Moguldom and WomenCertified, Inc. in Broward County; Image Skincare, KRS Global Biotechnology, Locus Traxx, Quantachrome Corp. and Source1 Purchasing, all in Palm Beach County.

The 50 companies will be honored at a ceremony Nov. 5 at Hard Rock Live in Orlando.

IQ Formulations Joins LinkedIn

IQ Formulations is excited to announce that we have launched a brand new company page on LinkedIn! As we continually build out our social media presence online, we felt it was imperative that we establish ourselves on the professional social network.

We will utilize the page to regularly share updates on company and industry news, as well as articles that we find interesting and feel would resonate with our customers and fan base. We encourage you to follow our page and interact with our posts that interest you.

If you haven’t already, check out IQ Formulations additional social media pages on Facebook, Twitter, Google+ and Pinterest. We look forward to seeing you online!