The ACE Awards, hosted by the Reno-Tahoe American Marketing Association, recognizes marketing excellence within the community and features various categories such as brand rebranding, cause-related marketing, and event promotion. Notable winners include 'The Jungle' for best brand rebrand, 'Reno Startup Deck' for best cause-related marketing, and 'Reno Craft Beer Week' for best event promotion, showcasing successful campaigns that significantly impacted their respective audiences. The event highlights the importance of local sponsorships and community collaboration in achieving marketing goals.