CU-Boulder College Of Business Honors Best Local Companies Of '98
Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Nov. 11, 1998 The College of Business and Administration at the University of Colorado at Boulder will host the Seventh Annual Corporate Excellence Awards on Thursday, Nov. 12.The presentation and reception will begin at 6:30 p.m. in the Glenn Miller Ballroom in the University Memorial Center, Euclid and Broadway.Each year, the Graduate School of Business Association honors five local companies for dual purposes. “They (the awards) are an avenue for the students and faculty to recognize extraordinary effort by local businesses, and they provide an opportunity for students and business leaders to interact and discuss important business issues,” said GSBA Chairman David Decker.Decker, a CU-Boulder MBA student, said competition in the five categories was tough and that all of this year’s winners have contributed to Colorado in profound ways. Winners include:Entrepreneurial Spirit Award. Audio Adventures.This company started an audio tape rental network that will gross almost $10 million in revenue this year. A number of other entrepreneurial start-ups also fall under the auspices of the company.Environmental Awareness Award. Public Service Co. of Colorados Windsource.Public Service was chosen because of its commitment to develop and use wind power as an alternative to coal burning. The company has begun marketing wind power as an alternative choice for Colorados power needs. Wind power generators are located on the Colorado/Wyoming border, and currently Public Service customers can choose this power source and support the program.Community Service Award. Wild Oats Markets.Wild Oats was chosen for the Community Service Award because of its comprehensive work and commitment on behalf of the community, and particularly for its support of non-profit groups. For instance, each month the company specifies a day where 5 percent of sales are donated to a particular non-profit organization. Wild Oats also compensates employees for time volunteered on behalf of non-profit groups.Sustainable Development Award. Whats Working.What’s Working provides training, education and marketing skills necessary for developers to promote green development projects successfully and profitably. The organization works with developers, consumers and various government agencies to integrate sustainable development practices with little reliance on government subsidies and mandates.Technology & Innovation Award: Cielo CommunicationsInnovations made at Cielo are revolutionizing the industry of fiberoptic data transmission. Cielo manufactures optoelectric components of unparalleled quality with efficient and cost-effective volume production. The result is the industry’s finest gigabit ethernet device.