Award FAQs
- What is the deadline for submissions?
Nominations must be completed and submitted with entry materials by Friday, June 29, 2012 at 5:00 p.m. CDT. Applications must be completed and submitted with entry materials by Friday, July 27, 2012 at 5:00 p.m. CDT. Application forms from 2009, 2010 and 2011 remain active for 2012. If you have a previous Application, it is recommended that you at least update the financial information.
- I was Nominated in 2011, but did not win. Can I reapply?
Applications from 2009, 2010 and 2011 remain active for 2012. You can use the same application, or submit updated information.
- How much does it cost to nominate a family business?
There is no charge to submit an nomination.
- What category does my family business fall under?
Awards are given out in four major categories: Large (more than 250 employees), Medium (50-250 employees), Small (less than 50 employees) and Community Service (business showing exemplary community service efforts). In addition, the Loyola University Chicago Family Business Center presents a Century Award to highlight the success and longevity of a family business.
- How do I fill out the Application?
Approved nominated businesses have received an application form. First, be sure to check out our Best Practices Form. You can also contact us at 312.915.6490 or email us.
- I'd like to submit my family business for the Community Service or Century Award. How do I do so?
The Community Service and Century Awards are special designations given out by Loyola University Chicago Family Business Center. Submissions for these two categories are not allowed, but the Community Service Award is largely based on Application question #6.
- How does the selection process work?
Judging is based on business growth and success, positive family-business linkage, multiple generation family business involvement, contributions to the community and industry, and innovative business practices and strategies.
- When will we find out about the winners of the awards?
The winners and finalists are announced in mid-September.
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