IQ Awards Innovation Challenge Criteria and Process
The IQ Awards honor the Innovation Quotient among Northern Colorado startups and early-revenue-stage companies that have demonstrated a high degree of innovation, with strong market potential. Judges will review nominations and name three finalist companies.
Nominations will be sought from the public, but other nominations may be submitted by the judges or BizWest’s editorial staff.
- Companies must be less than 5 years old, with founding date no earlier than March 1, 2015.
- Companies must demonstrate an ability to be a sustainable, ongoing concern, with a strong potential for profitability and survival of the business.
- Companies must be based in Larimer or Weld counties, or the city of Brighton.
- Priority will be given to companies that display innovation in their products, business model and ideas. Nominations should not be judged based on the “slickness” of marketing materials.
Three finalists will make six-minute presentations at the IQ segment of the Bravo! Entrepreneur awards, with three judges then asking questions (two to three minutes per finalist).
The audience then will vote for the overall winner, who will win the IQ trophy, plus an in-kind package of services valued at $10,000. Second place will receive an in-kind package of services valued at $7,500, with third place receiving an in-kind package of services valued at $5,000.