GROWTH AWARD 2023
Through the maximization of the opportunities available to them, entrants must be able to demonstrate their business growth within the competitive marketplace in which they operate.
Can you show significant development in one or more of the following areas? Training, Marketing, People Development, E-commerce, International Trade. Then enter the Business Growth Award.
The Judges are looking for evidence of:
Profitable growth of the business
Hard, tangible evidence of commercial success; effective financial controls will be important to the success of the business as will customer-focused marketing strategies
A written business plan with strategy and vision for the next 3-5 years; and clearly defined objectives that will shape the organisation’s growth & development
Strong leadership and management with the ability to drive the business forward
Understanding of the market and mechanisms to respond to change
Funding mechanisms and investment plans for the business
Organisational culture which encourages employee development, creativity and empowerment
Evidence of sustained growth over the last 12 - 18 months in one or more of the areas listed. This can include established businesses that have suffered downturn and have implemented recovery programmes.
This year’s Growth Award is sponsored by EDF Renewables
Simon Morgan, Principal Development Manager at EDF Renewables UK commented:
“EDF Renewables UK is delighted to return as Growth Award sponsors at the Powys Business Awards. We recognise the integral role small businesses have in communities and especially in rural ones. They play an invaluable role in driving growth, supporting jobs and bolstering our economy. As EDF Renewables UK’s clean energy growth plans develop in mid Wales, we look forward to working with more local suppliers to help sustain and expand operations here in Powys. The best of luck to all entrants.”