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Nominations Now Being Accepted for Texas Family Business of the Year®

May 2, 2003

The Institute for Family Business at Baylor University's Hankamer School of Business is now accepting applications for the 14th Annual Texas Family Business of the Year awards.

"We feel it is important to recognize and applaud exceptional family businesses in the state of Texas," said Terry Maness, dean. "Programs such as this one help us remember and appreciate those who are thriving, prospering and doing things right in the family business environment."

Winners are chosen in three general categories:

  • Large (more than 250 employees)
  • Medium (51-250 employees)
  • Small (50 or fewer employees)

Outstanding firms are also honored in special categories:

  • Family Values Award
  • Community Commitment Award
  • Fastest-Growing Family Business Award
  • Well-Managed Family Business Award
  • Founders Award

To be nominated, a firm must be headquartered in Texas and have one or more of the following characteristics:

  • Has been owned and operated by different generations of a family
  • The potential exists for ownership to be passed on to a younger generation
  • More than one member of the family has active employment in an organization owned by a family
  • A family holding company which is presently operating a business

Outstanding family firms show concern for their family and its role in the business and the community, demonstrate contributions to their industry and their community and are role models for the family business.

For nomination materials, contact:

Mary Abrahams

Institute for Family Business

Phone: 254-710-4159

Fax: 254-710-3724

Email: Mary_Abrahams@baylor.edu

Or visit the website at http://business.baylor.edu/entrepreneur

Completed nomination materials must be received by July 3, 2003.

About the Institute for Family Business

Established in 1987, the Institute's primary goal is to support the family business through programs, workshops, and forums that provide educational resources to help businesses survive and prosper through the generations.

About Baylor Business

Students at Baylor's Hankamer School of Business encounter a variety of experiences that strengthen their value system, develop their leadership skills and help them build a global perspective based on a strong Christian foundation. Today, there are approximately 3,500 students enrolled in Baylor's business school. More than 22,000 Baylor Business Alumni are making a difference in business, in the world, and most importantly, in the lives of people.

  • Baylor University is rated as a "Best Buy" in the 2002 Fiske Guide to Colleges.
  • The Baylor Business undergraduate program ranks in the top 16% of accredited collegiate business programs in U.S. News and World Report.
  • Baylor Business graduate programs also garner national attention. The MBA program is rated in the top 20% of accredited collegiate business programs in U.S. News and World Report. In addition, the MBA program is ranked as one of the "Top 80 Business Schools in America," in The Princeton Review.
  • Baylor Business Executive MBA programs are recognized for excellence world wide. The Dallas EMBA is ranked 1st in the Dallas/Fort Worth metroplex, 14th in U.S., 25th in world by The Financial Times. In addition, they are ranked #21 by U.S. News and World Report.
  • The Entrepreneurship program is ranked 1st Tier by Entrepreneur magazine and 9th by U.S. News and World Report.
  • The Accounting program is ranked 10th by The National Association of State Boards of Accountancy, for pass rate on 2000 CPA exam.

For more information visit Baylor Business on the web at http://business.baylor.edu.

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