This accolade will be awarded to a business that has been set up between 2016 and 2017. Judges will be interested in the ethos and background to the business, its profitability as well as what difference it has made in its sector since it started trading and how it has overcome challenges it’s encountered. They will also be looking at future projections and plans for the company.
Entry Criteria
The judging panel will consider the criteria below in assessing your application. It does not need to demonstrate all these elements, but it will allow you to develop the story behind your success.
Why should your be the winner of Best New Start Up Business?
Briefly outline how the development and growth of your business from the start and any factors that prompted this launch.
Please provide the date that the business was established, or that control changed.
Please provide an outline of each of the following aspects of your business background
- Its products/services
- Your markets/Customers
- The competition
- The organization/personnel
- Please provide evidence of your marketing activity
Outline any systems that are in place to monitor financial performance, how does this compare to your business plan? Provide as much information regarding estimates growth, turnover and profit.
Please provide details regarding your current share in the market and your performance compared to your competitors in this market. How do your do your products/services compare to your competitors and how do you differentiate your company from those competitors
What plans do you have for the business in both the long and short term and how do you see the business developing?
In no more than 500 words, please provide a brief description of your business, and evidence as much as possible to the key points looked for by the judging panel.
