A competition which rewards small and medium size businesses for innovation and strategic thinking launches its 2011 campaign for entries.
The Business Boost Competition invites businesses from all sectors with less than 250 employees to apply. Businesses must be located in the Borough of Newcastle within post codes ST5, ST7, CW3 and TF9.
This year, businesses are competing for cash awards of £1,500 under three categories: Impact on the Borough, Entrepreneurial Spirit and Progress through People.
A discretionary prize of £1,000 will be presented to the most innovative business that fires the imagination.
The Realise Foundation Apprenticeship Award worth £5,000 will provide the winning business with a 12-month day-release apprenticeship placement with all associated costs paid.
Bernard Lovatt, business entrepreneur and chair of Business Boost said: “It has been very tough for business over the past few years, but despite this, we have seen many shining examples of exceptional leadership and entrepreneurship.
“We find that the awards go some way in helping to boost business growth, but businesses have to compete to win an award.
“Successful applicants will be invited to submit a business plan and give a 15-minute presentation to a judging panel. The winners will be presented with cash prizes during an awards ceremony hosted at Newcastle College later in September.”
Last year’s winners included hand-embroidered cushions designer and Olympic Games 2012 supplier Jan Constantine, Wolstanton-based Home Instead Senior Care, Keele-based Rydale Roofing and outdoor activities provider Peak Pursuits, an approved supplier for the Duke of Edinburgh Awards.
In its fifth year running, the competition has attracted sponsorship from major organisations including Aspire Housing, Newcastle Borough Council, Keele University Science and Business Park, and the Realise Foundation.
Businesses are urged to apply online at www.businessboostawards.org.uk. to meet the deadline of Friday, 29 July 2011.
To view the competition flyer please click here
Photograph of winners from last year’s competition