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Most Promising New Business of the Year Award

The Most Promising New Business of the Year Award will be presented to a woman whose business is less than three years old (from beginning of trading until the date of the Awards Dinner on 11th March 2017) and who has the drive and ambition to determine its success and long term viability.

The applicant is expected to be a woman who believes in the value and quality of the services or products she offers, who has the ability to develop and grow her business, and foster relationships with customers and clients.

Criteria – the applicant will be judged on the following points:

Evidence/Performance Management Skills Generic Skills

Reasons for starting up the business and her vision for its future

Use of market research to develop plans for the business

Communication and
networking skills

Entrepreneurial spirit

Approach to tackling and overcoming early challenges and minimising risks

 

Competitive advantage of the business, and its potential for growth

 

 

Objectives and financial forecast for the business over the next three years