Celebrating businesses and entrepreneurs who are building a better world by building a better business
Thursday July 15, 2021 4:30-7:30pm
SCP Hotel Colorado Springs
| 2850 S Circle Dr, Colorado Springs, CO 80906
Dress attire is casual. Come network and celebrate with us!
You've nominated, now come celebrate!
Social Impact businesses and nonprofits merge mission and margin, purpose and profit—reshaping the economy and capitalism as we know it.
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The PRISM Awards celebrates businesses and entrepreneurs that use the powerful economic engine of capitalism for good, not merely for gain. Referred to as the Fourth Sector, these Social Impact Businesses and Social Entrepreneurs are changing the way business is done. We consider all of our applicants and finalists winners and ultimately the community wins too! So join us in creating a stronger community and a better world through business!
CI4SI is now NI4SI
You might have noticed a change to our name and to our logo. The Colorado Institute for Social Impact is now the National Institute for Social Impact. We’re using what we’ve learned from our amazing Colorado community and taking it to the rest of the country. We’re out to help change business for good! Keep an eye out for our new website, coming soon.
Nominations are now CLOSED
We’re accepting nominations for exceptional businesses and individuals who have demonstrated Social Impact in Colorado. Think you know someone who fits the bill? Here’s how it works:
Eligibility Criteria for 2021
- Demonstrated Social Impact to Colorado
- Principal must live and work in Colorado
- Can be for-profit or non-profit but non-profit must have at least 60% earned revenue.
- NOTE: Past winners cannot win the same category two consecutive years. (ie. winners in 2020 will not be eligible until 2023 for the same category)
- NI4SI recruits a team of judges across academia, funders, nonprofits and business owners.
- The judges are provided the qualified applicants’ nominations and applications.
- The judges use a rubric to rate the applications based on how concise the answers are.
- The highest three scores are finalists.
- The highest score wins.
Social Entrepreneur of the Year
We consider a Social Entrepreneur someone who achieves systemic and sustainable social change through innovation, a unique approach to a product or service, an innovative partnership or a redesign of known technologies or strategies, or a combination of these. A Social Entrepreneur focuses first and foremost on the social and/or ecological value creation while optimizing the financial value creation. For this award, we are seeking someone who can innovate with direct impact to a population, cause or industry by finding a new product, a new service, or a new approach to a social problem. A social entrepreneur might be the lead of an organization from the top but can also be someone who excels within the ranks of the organization as a driver for change and impact. This person continuously refines and adapts their approach in response to feedback and has demonstrated Social Impact that is measurable and apparent.
Social Impact Startup of the Year
For Social Impact Startup of the Year, we are looking for a social impact business that has been operating less than 3 years that can clearly demonstrate their future vision and how they are going to achieve it. This vision shows opportunities for growth and a creative approach to problem-solving. This award recognizes a young social impact business that has a clear model for their impact as well as strong measurement of the model’s effectiveness. We are looking for a business that utilizes ongoing problem-solving techniques that engage and enhance the community. In addition to having a clear vision, we are also looking for clear implementation strategies and the potential for future success.
Social Impact Business of the Year
A social impact business is an established entity that has been operating for three years or more, with a clearly defined social, environmental and/or community impact, that also shows sustainability in terms of profit and growth. The Social Impact Business of the Year has a clear and articulate Social Impact Model which is regularly shared and understood in the community with articulated plans for the future. The Social Impact Business of the Year shows the ability to measure their impact as well as demonstrate a high degree of customer satisfaction. This business’s culture and leadership are presented as drivers of the business’s success, and employees at multiple levels contribute actively to that culture. Innovation and creativity are clearly a part of everyday discussions and decisions and is encouraged at multiple levels of the organizations. The Social Impact Business of the Year is recognized repeatedly for their work and is considered a subject matter expect on a Social Impact business topic according to at least one other source.