Family Business Entrepreneur of the Year

Two thirds of UK businesses are family owned, that’s 4.7 million in total and they generate over a quarter of UK GDP.

Family businesses in Great Britain come in all sizes, span many sectors, and are from all regions.  Many of these businesses have been operating for hundreds of years.

The longevity of many of these businesses is testament to their long term outlook.

Two thirds of UK businesses are family owned – 4.7 million in total, of which over 17,000 are medium and large businesses.  The UK’s  family businesses come in all sizes, sectors, and from all regions and many of these businesses have been operating for hundreds of years.

Some 100,000 family businesses transfer ownership between generations each year; a crucial time in underpinning the future of the business.

Family businesses have sometimes been considered incompatible to entrepreneurship because they are usually tradition-bound and multi- generational. However, for family firms to continually prosper, they need to ensure that they pass on the entrepreneurial mindset and capabilities to create new streams of wealth across future generations.

The inaugural Family Business Entrepreneur award will be awarded to the entrepreneur/entrepreneurs leading and excelling within a family business. Whether you’re the tenth generation of your family to take the reigns of the family business or have set up a venture with a family member, we want to hear your story.

Remember, the NatWest Great British Entrepreneur Awards celebrate and champions the stories of entrepreneurs. True entrepreneurs are as much about their story as they are about their balance sheet. The NatWest Great British Entrepreneur Awards celebrate the truly inspiring entrepreneurs who are the agents of positive change in our country.

Application top tips:

  • Don’t fall back on cliches and tired story lines.
  • Don’t undersell yourself, your business and your hard work.
  • Give us the truth, not just the formula.
  • You (the entrepreneur) are the hero/heroine of your story; tell us about your ingenuity, your insight.

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FAQs

There is no specific entry criteria for the NatWest Great British Entrepreneur Awards. As long as you are an entrepreneur, and your business is registered and operates in the UK, you are free to enter!

Unfortunately, when you have begun the application process you will not have the option to save. We therefore highly recommend that all applications are done on a separate document beforehand, and then copied and pasted into the online tool when you are happy that your application is complete.

Absolutely! If you feel that your business is suited to more than one category, we actively encourage you to enter more than one. However, do be sure to tailor each application to the relevant category, rather than using the same generic application across all.

Each question within the application is limited to a 400 word character count, and the process is broken down into multiple segments, which we believe will give you plenty of opportunity to fully explain your entry. The word count cannot be extended.

Yes, there is the opportunity to upload supporting documents along with your submission during the application process. All supporting documents will be provided to the judging panel alongside your application. There is a maximum upload limit of 10MB for these supporting documents.

Absolutely! If you have any testimonials that you feel would help with your application, you can submit them along with your supporting documents.

Unfortunately, an application cannot be amended after it has been submitted. It is for this reason that we highly recommend that submissions are thoroughly proofed beforehand.

The entry deadline for the 2017 Great British Entrepreneur Awards is 18th August 2017. Any extensions to entry deadlines will be announced via the website, social media and email.

The NatWest Great British Entrepreneur Awards have a stellar panel of judges across multi sectors.

Each judge is allocated entries which match their areas of expertise.
Your entry will be judged based on answers to the 4 qualitative questions on the entry form along with supporting documents uploaded.

The judges will mark each question and give a rating out of 10 and make comments to justify their scoring.

Based on the ethos that these awards celebrate the story of the entrepreneur and not just the balance sheet, there is an element of subjectivity around judging. Applicants should make sure they really use the space to highlight the key milestones within their journey.

In previous years, judges have scored applications highly that shine a light on innovation, challenges overcome, adversity, vision, passion and tenacity.

Judges will review applications independently, however judges within a category may also collaborate with one another, particularly if the scoring is close.

If you have any further questions, please feel free to give us a call on 0845 5000 328. Alternatively, you can email adam@greatbritishentrepreneurawards.com or chloe@greatbritishentrepreneurawards.com.

Judges

Russell Dalgleish

Serial Scottish Entrepreneur and Investor, Strategist and Innovator