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Nominations Open for 7th Annual Colorado Companies to Watch Awards
“Second stage companies hold a unique place in our economy. Through their leadership, innovation, and growth, they ignite our communities with potential beyond measure,” said David Tolson, CCTW Chairman of the Board and Managing Director, Platinum Sponsor CapitalValue Advisors. “They truly are fueling the economic fire in Colorado.”
Business owners, associates, employees, or fans can nominate eligible businesses. Companies may apply directly. The Award nomination and application forms are available online at ColoradoCompaniestoWatch.org (http://www.ColoradoCompaniestoWatch.org). In 2014, the program received a record 1,200 nominations, with 106 Finalists emerging, and 50 Winners ultimately chosen to join a powerful alumni network 300-strong.
“The Colorado Companies to Watch Awards not only recognize business innovation and entrepreneurial success, but also help these businesses to attract the attention of the investment community, potential partners, and qualified talent,” says Sean Nohavec, CCTW Board Director and Sr. Vice President, Presenting Sponsor UMB Bank.
To be considered for selection as one of the Colorado Companies to Watch, the enterprise must meet the following for the year ending 2014:
· Be privately held (not publicly traded and not a subsidiary or division of another company)
· Be a commercial enterprise, not a nonprofit
· Be past the startup stage
· Be facing issues of growth, not survival
· Employ 6 to 99 full-time equivalent W-2 employees, including the owner
· Have between $750,000 and $50 million in annual revenue or working capital in place from investors or grants
· Be headquartered in the state of Colorado
· Have not won this award in the past
· Demonstrate the intent and capacity to grow based on evidence such as:
o Employee or sales growth
o Exceptional entrepreneurial leadership
o Sustainable competitive advantage
o Other notable factors that showcase the company's success
About Colorado Companies to Watch
In it’s 7th year, Colorado Companies to Watch, presented by UMB Bank, is an awards program honoring second-stage companies headquartered in the state of Colorado. The 300 companies that have been honored since the program’s inception demonstrate high performance in the marketplace or exhibit innovative products or processes. The program is designed to seek businesses from a wide range of industries throughout the state, not just the major metropolitan areas. The 50 companies selected each year make an astounding impact on Colorado's economy by collectively providing thousands of jobs and contributing millions of dollars in revenue. The Colorado Office of Economic Development and International Trade launched the program in 2009 in conjunction with the Edward Lowe Foundation and valuable community partners from across Colorado.
For more information on Colorado Companies to Watch, visit ColoradoCompaniestoWatch.org (http://www.ColoradoCompaniestoWatch.org)