The Duke of York New Entrepreneur of the Year
The New Entrepreneur of the Year award celebrates the potential that exists within leaders of the UK’s most promising start-ups. Focusing on the market opportunity identified, the model to capitalise on it, and how it has been executed within the first 18 months of trading, judges will look at how initial targets and KPIs have been exceeded, the vision for growth, and the founder’s understanding of key challenges, customers and the competitive landscape. Open to any first business founder that has been trading for 18 months or less on 1st April 2014, this Award recognises those demonstrating the entrepreneurial aptitude, commercial acumen, vision, ambition and drive to build a successful enterprise.
While each entry form has been tailored to each category, they have been designed to draw out achievements in seven core areas. Scoring for these core areas are weighted according to the criteria for each category. For each entry in the Duke of York New Entrepreneur of the Year category, judges will compare the extent to which each candidate has demonstrated excellence in the following core areas:
Core criteria Proportion of overall score
Staff Engagement 15%
Customer Service 15%
Financial performance 10%