In addition to the original mission, the Boulder County Business Hall of Fame provides scholarships to Boulder County high school students who wish to attend the Colorado Leeds School of Business. The students must maintain a B+ average while enrolled. Individuals interested in applying for the scholarships are encouraged to contact the Colorado Leeds School of Business.

The scholarships are made possible through the generous donations of businesses and individuals, many of whom have been inducted in to the Hall of Fame and wish to support the youth of Boulder County as they pursue outstanding business careers.