The Great British Entrepreneur Awards, now in its fourth year, celebrates entrepreneurial success in the UK this evening (Tuesday), as a new set of talented entrepreneurs are honored across 23 different award categories.
Over 100 entrepreneurs have been announced as finalists in the 2016 Great British Entrepreneur Awards, in association with NatWest, which will take place in the Ballrooms of the Lancaster London Hotel.
New categories for the 2016 awards include Entrepreneurial City of the Year, Entrepreneurial Co-working Space of the Year, Innovation Entrepreneur of the Year and Intrapreneur of the Year.
Previous winners have included Julie Deane MBE, founder of the Cambridge Satchel Company, James Watt, co-founder of Brewdog and Alexander Solomou, founder of Lad Bible.
Deepak Tailor, winner of the 2015 Entrepreneurial Spark Special Merit Young Entrepreneur of the Year (26-30) award, said winning at the Great British Entrepreneur Awards considerably helped with the growth of his business, latestfreestuff.co.uk.
After founding the online freebie site in 2012, Mr. Tailor has gone on to receive multiple offers on Dragons’ Den and has recently launched the company in the US.
He said: “Winning at the Great British Entrepreneur Awards helped us pick up a lot of business clients and boosted traffic to the site. On top of that, it’s helped give brand recognition to all the companies that we work with, which is about 30-40 different agencies across the UK.
“When we’re pitching deals to them or pitching that we want to run their campaign, we mention the award and they’re always impressed by it.”
He added: “Overall it’s helped us amazingly, it was just unexpected and everything came as a complete shock. Luckily we’re in a good position in the UK where we have all the brand partnerships, but one thing they’ve always been asking us is about the campaigns in the US, so it’s kind of a natural progression for us to grow there.
“Now we have the facilities and structure to do it, it should be simpler for us in terms of replicating the business model over there. It’s still going to be very challenging because there’s rules and regulations, but I think we know what we’re doing and luckily we have all the brands ready to go.”
Mr. Tailor has recently launched new company latestdeals.co.uk, along with co-founders, in hope to create the UK’s largest facility for people looking for bargains, deals, sales and voucher codes.
He said: “The site is a user-generated community which I’ve been working on for 9 or 10 months since the last awards. It was actually inspired from a conversation I had with someone at the ceremony and we’ve been working on it since then.”