At the start of 2016, small businesses accounted for 99.3% of all private sector firms, while SMEs accounted for 60% of all private sector employment in the UK, the Federation of Small Businesses finds.
These firms hone talent that spurs new technologies, industries and jobs. In today’s climate, where user-experience and fast-flowing trends are key mobilisers, small businesses are all the more powerful for their youthful energy and agile stature.
Leading a small business is a notoriously difficult, often thankless task that involves wearing many hats at once on the journey to securing a thriving operation.
The Small Business of the Year Award recognises the achievements of those that have mastered this balancing act at the helm of firms of fifty employees or fewer. It celebrates the resilience, fortitude and the vital role these entities play in building Britain’s global reputation as an incubator for ideas and business growth.
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.