Torch Awards Resource Page

About the Program:

The BBB Torch Awards program shines the spotlight on businesses and nonprofits that exemplify outstanding ethics. The program has recognized trustworthy businesses since 1999 and launched a nonprofit category in 2016. Since the inception of the program, more than 90 organizations have been presented with the prestigious BBB Torch Award for Ethics.

How it Works:

BBB partners with college students from Colorado State University, University of Northern Colorado and the University of Wyoming during their fall semester. Students are paired with nominated organizations, research the business/nonprofit, meet with their leadership teams and work collaboratively together to prepare the application paper. The program provides an out-of-the-classroom ethics learning experience and gives students an opportunity to discover the ways organizations meet the BBB’s six TRUST! Principles. Judging for the awards will occur in January 2018 and winners will be celebrated on April 19, 2018 with a luncheon at the Embassy Suites, Loveland.

Eligibility:

The following criteria must be met and maintained throughout the Torch Award process:

  • Must be in business a minimum of 3 years

  • Headquarters location is located in BBB Serving Northern Colorado and Wyoming's service area

  • Remain in good standing with BBB. For businesses, you must achieve and maintain a "B" or higher rating and not have unresolved complaints. Nonprofits must meet BBB's 20 Standards for Charity Accountability.

Award Criteria:

Transformation at the Top
Reinforce and Build
Unite the Team
Steer Performance
Treasure People
!Enthusiastically Reinvest

Click here to review the expanded award criteria.

Award Categories:

Organizations compete with others of similar size - based on employee count. Organizations entering the 2018 Torch Award Competition are generally judged in one of four categories:

  • Category 1: Companies with 1-10 employees
  • Category 2: Companies will 11-50 employees
  • Category 3: Companies with more than 50 employees
  • Category 4: 501(c)(3) nonprofit organizations

(501(c)(3) organizations that receive the majority of their revenue from fees for service programs will compete in the business categories)

Judging and Award Ceremony

The BBB Institute for Marketplace Trust will convene an independent panel of judges comprised of board members, past winners, and other community leaders. They review all applications and determine the winners in late January 2018. You will be notified of the outcome in February. The BBB Torch Awards Celebration event will be a luncheon on April 19, 2018 at Embassy Suites, Loveland. All nominees and winners will be recognized.

For more information about this program, contact Alicia Davis, Education & Outreach Manager at 970-488-2045 or adavis@wynco.bbb.org.