The nominees for the 2016 British Small Business Awards are set to be announced on the 20th of July 2016. Voting will also begin live until the prestigious annual awards show which takes place on the 1st of August 2016.
The British Small Business Awards, is an annual awards ceremony launched in 2013 by the ex Business Secretary of State, MP Vince Cable to celebrate the achievements of established and independent small business with a focus on driving entrepreneurship in Great Britain.
Eligible companies must fulfil the following categories:
Be a privately held commercial enterprise (not a nonprofit, not publicly traded, not a subsidiary or division of another company) and has not received the award in the past
Be past the startup stage and facing issues of growth, not survival
Employ 6-99 full-time equivalent (FTE) W2 employees which includes the owner – to translate all part-time employees into FTE divide the total hours of those employees by 2,000
Have between £800,000 and £40M in annual revenue OR working capital from investors or grants
Be based in the UK
Demonstrate the intent and capacity to grow based on:
Employee or sales growth
Exhibit a sustainable competitive advantage
For more info. on the 2016 British Small Business Awards 2016. E-mail: info@britishsmallbusinessawards.com
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