FREQUENTLY ASKED QUESTIONS
CAN I ACCESS THE QUESTIONS IN ADVANCE?
We understand how the pandemic has affected the global economy. To allow for more room to demonstrate your company’s growth, we have expanded the growth rate in our evaluation from a 2-year growth rate to a 5-year growth rate. We are proud to honor impact companies both big and small.
HOW ARE COMPANIES RANKED?
WHY SHOULD I APPLY?
- It’s Easy. Applying takes only 2 minutes.
- Recognition. Be globally recognized as one of the most dynamic, impactful companies in the country.
- Attract and Retain Talent. The best talent is seeking jobs that have a positive impact where they can make a difference.
- Attract Growth Capital.
- Attract Loyal Customers.
- Networking. Be part of a group of dynamic CEOs using business as a force for good.
- Show the world how everyone can do well by doing good!
WHAT IS THE B IMPACT ASSESSMENT? WHERE CAN I GET MORE INFORMATION?
The Real Leaders Impact Awards utilizes the B Impact Assessment, the impact standard developed by the non-profit B Lab and used by more than 50,000 companies globally, as way to credibly assess the holistic impact of companies. Impact companies that have not yet taken the B Impact Assessment may still apply for the Real Leaders Impact Awards.
WHAT IS INVOLVED IN APPLYING?
Fill out the initial questionnaire. Provide evidence of positive impact for committee approval.
WHAT IS THE APPLICATION FEE?
WILL MY INFORMATION BE SECURE?
Yes, your revenue numbers are used for internal validation only. They will not be shared outside the validation committee and will not be published online or in print.
WHAT ARE THE ELIGIBILITY CRITERIA?
View eligibility requirements on the application form link above.
HOW IS REVENUE DEFINED FOR THE RANKING?
We define revenue as gross revenue, less returns and allowances, before any cost of goods sold are deducted. This is the same number that is called for in Box 1c of a corporate income tax return.
DOES MY COMPANY HAVE TO BE PROFITABLE TO BE ELIGIBLE?
No, your company does not have to have positive net income or EBITDA to be eligible.
IS MY COMPANY ELIGIBLE IF IT'S MAJORITY OR WHOLLY OWNED BY A VENTURE CAPITAL OR PRIVATE EQUITY FIRM?
Yes, it’s eligible.
WHAT IF MY COMPANY IS PUBLIC?
Yes, it’s eligible.
IMPACT & REVENUE VALIDATION
WHAT IS REVENUE VALIDATION?
For the ranking to be credible, we carefully verify the top companies for their 2015 and 2020 revenue numbers that they provide. If your company was founded after 2015, we will take your first full year instead. All financial information will be kept confidential.
HOW WILL MY IMPACT BE MEASURED?
The Real Leaders Awards will utilize the B Impact Assessment. If the applicant has not taken the B Impact Assessment, a default score will be applied derived from an average BIA score of the applicant pool.