Description
The Emerging Business Award will be presented to an entrepreneur who has been in business for 1-5 yrs. They have investigated the opportunities, weighed the risks, and developed a strong and successful business through effective business practices, community engagement, and entrepreneurial spirit. This business has demonstrated significant business achievement, sustainable financial performance, exhibited resilience to economic challenges and has gone above and beyond in their business and in the community.
Requirements
Business Eligibility
- Years in Operation: The business must have been operational for 1 to 5 years at the time of nomination.
- Business Registration: The business must be legally registered and in good standing.
Criteria
Criterion | Weight |
---|---|
Business Overview and Achievements | 25.0% |
Sustainable Financial Performance | 20.0% |
Entrepreneurial Spirit | 20.0% |
Community Engagement | 15.0% |
Innovation & Effective Business Practices | 10.0% |
Supporting Materials & Storytelling | 10.0% |