Businesses can be nominated for this award by any elected state official or a business representative and must meet the following criteria:
- Have been in continuous for-profit operation in Texas for at least 50 years.
- Continue to operate the same or a very similar type of business as it did at least 50 years ago.
- Have a continuous record of employment for at least the past 50 years.
- Continue to operate as an independent, for-profit business (i.e., it cannot be operating as a subsidiary of or have been absorbed into another business)
- Maintain a good business relationship with the state.
- This resource page may help you with your research in documenting the business founding date.