LIMERICK CHAMBER REGIONAL BUSINESS AWARDS BEST EMERGING BUSINESS OF THE YEAR 2021 Application Form
The Limerick Chamber Regional Business Awards will award The Best Emerging Business of the Year award to an organisation, trading 5 years or less, that demonstrates innovation in its model/process/service or product in the marketplace. The Best Emerging Business Award recognises an organisation that has the most compelling opportunity.
Judges will be looking at:
Innovation: The winning business demonstrates the application of innovation in business model/products/or services.
For B2B: The business demonstrates how the adoption of their product/service has positively impacted the way they and/or organisations or industries are doing business. This impact is apparent through elements such as increases in efficiency, revenue, job creation etc.
For B2C: The business demonstrates how their product/service positively impacted the customers – are they helping to satisfy a compelling need coupled with a great market opportunity. Note: If the startup is going through a long commercialisation process then the judges will be looking for compelling potential impact.
Viability: This business demonstrates innovative thinking in business planning and management.
Traction, Growth & Developments: Evidence of impressive performance and achievement coupled with planning for growth and acting upon opportunity in the market
To be eligible for the Best Emerging Business Award, nominees must have been in operation for a minimum of 12 months, based in the Mid-West Region, and not trading for more than 5 years. If the company can demonstrate a long commercialization process and that trading only began within the 5-year timeline even though the company was formally established outside of the 5-year rule, then they will be considered eligible also. In the latter case, evidence should be provided to satisfy the judges that the company is still on its startup journey. For companies > 5 Years please see the other categories including Best SME and Best Large