The TECH Fort Worth IMPACT Awards were created to recognize early stage startup companies that are bringing innovative technologies to market that will positively impact our world. At the time, no such event was being held in North Texas.
TECH Fort Worth created the IMPACT Awards and held the first event in 2009 to showcase the entrepreneurial passion that is creating innovative solutions locally for problems that exist globally. In contrast to other awards for startup companies, the IMPACT awards is not a venture forum. In fact, the applicants are specifically told not to include return for investors or revenue forecasts, but rather they are encouraged to show how many lives they will touch and how they will make a difference in the world.
Three categories were identified – Environment, Community, Health – with three applicants in each category being called in to pitch to independent judges with backgrounds in the respective categories. The three Finalists were coached by the TECH Fort Worth team before pitching to the judges. A winner was named in each category and the winner disclosed at the IMPACT Awards Luncheon.
In 2014 the format of the event changed to better serve the needs of the North Texas entrepreneurial community. As “startup pitch events” have become more popular there are sufficient opportunities throughout the year for early stage startups to gain a forum. With that in mind, and given that many of the winners of the awards were typically TECH Fort Worth clients, the organization has chosen to showcase the innovative technologies of its client companies only.
The TECH Fort Worth IMPACT Awards recognizes client companies whose innovative technologies have made significant strides towards positively impact our world.