Round 2 Application

Congratulations on being a 2021 Finalist!

Following is the Round 2 Application as well as a Complimentary Value Assessment from Quist Insights. It is important that you complete the Round 2 Application to be considered for a 2021 Colorado Companies to Watch Winner. The Quist Insights assessment is shared with the judges and should you complete it, you are given access to this tool for a full year no charge. This is a tool that helps with creating sustainable value for your firm.

DUE: ROUND 2 APPLICATION MUST BE COMPLETED BY JUNE 27, 2021.

Round 2 Application

2021 Round 2 Application
Congratulations on being a 2021 Finalist! Portions of the Round 1 and Round 2 applications will be used by the judging panel to select this year's winners of Colorado Companies To Watch. Read all instructions to give yourself the biggest advantage possible.

This second round application will ask about the company's pivotal moments, impact in the community, obstacles to growth, culture and more.

The information you provide is used by the judging panel to select the 50 winners. If your company is selected, some parts of your application may be used for publicity purposes, including a profile about your company in ColoradoBiz Magazine highlighting the program in the Fall issue that is released in September.

The judging panel that will review this information must sign a Non-Disclosure Agreement prior to viewing any and all information. Select members of the Colorado Companies to Watch Board of Directors and staff will process this information. Those individuals reviewing this information have signed a Code of Conduct and Non-Disclosure Agreement.

IMPORTANT: It's important to note that your Company Strengths from the Round One application was a factor in getting you to this stage. The judging panel for Winner Selection will NOT see your Company Strengths writeup, so please incorporate desired details from that answer into these five (5) questions below.

If you have questions, please contact Erin Beckstein, Crazy Good Marketing, at ebeckstein@crazygoodmarketing.net. Erin and her team provide program management for Colorado Companies to Watch.

INSTRUCTIONS

  • The maximum word count for each answer is 200 words. If your response is longer, only the first 200 words (give or take a sentence) will be reviewed by the judging panel.
  • Provide thorough, concrete, concise and convincing examples for each question below.
  • Whatever possible, use non-technical language or provide lay definitions for technical terms.
  • If composing your statements in another application, copy, then paste the text into the fields below.
  • Your answers may be used for publicity purposes, including a profile of your company in a commemorative publication. If your application contains information that should not be published, provide specific details in the Confidentiality and Proprietary Rights Disclosure section below.

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Round Two Application Questions

List up to three pivotal moments in your company's history. Explain their significance, details on what prompted the change(s) and how the course of your business changed as a result. (Examples: Innovation of a new product/service/process; finding a new market for an existing product/service; losing a major customer, which led to new opportunities; etc.)
Describe how your company has innovated to gain competitive advantage. (Include how results differ from your competition.) Consider innovation in terms of process improvements, use of technology, product/service development, etc.
What is unique about your company culture and how does it benefit your business and employees? Consider management practices, activities, out-of-the-ordinary examples that foster camaraderie, pride, loyalty, etc. (Exclude employee benefits unless they are unique in your industry.)
What substantial philanthropic activities does your company participate in? Consider monetary contributions, in-kind giving, volunteerism, etc. (Do not include job creation unless circumstances are extraordinary or development of products/services that benefit communities is part and parcel of your business model.)
What is driving the growth behind your current year projections for more employees and/or higher revenue? (Consider: entering new markets, serving new industries, developing new products/services, etc.)

Confidentiality and Proprietary Rights Disclosure

Remember: In the event you are selected to receive an award, your application will be used to profile your company in publicity materials. To demonstrate a company's year-to-year growth, we may publish employee counts for the current and project years. We do not publish actual financial figures but may use percentages to establish year-to-year growth.

This Form is to Be Signed by the Company's Highest Ranking Official

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You will receive a confirmation email when you submit this form. The email is sent from CCTW@ColoradoCompaniesToWatch.org. Please ensure this email is in your safe senders list. Also, if you do not see the email in the next few minutes, please look in your spam folder. Thank you.
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Value Assessment from Quist Insights

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This assessment is Optional. It provides additional information for our judges and great information for you and your business!

Colorado Companies to Watch is thrilled to announce our collaboration with Quist Insights (QI). QI provides an online valuation tool that that gives business owners visibility into what drives their company value. It delivers benchmark valuation and recommendations to close your value gap in these six (6) core drivers:

Strategic Value | Organizational Value | Employee Value | Customer Value | Financial Value | ESG (Environmental, Social, Governance) integration



To complete the assessment, select the button which will take you to a page on the Quist Insights website. Select the "Core" package, complete your user information. You will then have access to the assessment, which will take you 30 minutes to 1 hour to complete.

 
Take the Quist Insights Assessment
 
Your Results

Your QI assessment results will be used in the Round Two judging, and they be shared with you in July 2021. 

There's More: Complimentary Subscription

As a CCTW Finalist, you will be given a complimentary one (1) year subscription to the QI Core offering, a $499 value. With the subscription, you can complete the assessment throughout the year to monitor changes in your business and get ongoing feedback. You can also have your team take the assessment, producing individual results, and compare how you view the business. It's a fantastic tool for growing your business value. You can also upgrade to QI Advanced for $600 annually, a $499 savings. QI Advanced provides you with a financial estimate of value for your business. 

Created by Quist Valuation, Quisit Insights was built on 35 years of experience in business valuation, having completed over 5,000 full-service valuations.

Questions?

If you have questions, please contact:

Erin Beckstein
Program Director ebeckstein@crazygoodmarketing.net
720-325-2517, 697

Erin and her team provide program management for Colorado Companies to Watch.

Learn more about Quist Insights
 

All information provided in the Colorado Companies to Watch application process is securely handled, encrypted and stored on secure servers.