The Lloyds Bank - National Business Awards UK 2017

13th November 2018

.

The Lloyds Bank New Business of the Year

Has your high performing, new company shown incredible growth in customers or revenue over the last three years?

Are you a new SME or a startup with a new product or service for your sector or industry to shout about?

Has the mission and quality of your team attracted key investors, whether VC or Angel, to make a significant investment in your company?

If you are a high performing, new company trading for fewer than three years with an innovative edge and something to shout about, this could be your award. The Lloyds Bank New Business of the Year recognises those companies that have exceeded their initial targets for growth and already show importance within their sector or industry through significant product/service innovation and leadership.

The winning entry will demonstrate how their business concept has met and overcome challenges, adopted a clear understanding of their market, shown significant innovation, built a strong team and has the foundations in place for continued success and potential expansion.

Open to any UK organisation that began trading less than three years ago and with annual revenues of less than £3M, this award will go to the company that best demonstrates following:

•    Significant growth through meeting and exceeding key objectives
•    Innovation through product and services
•    Consideration of customer and employee engagement
•    Effective leadership and vision
•    Ethical approach to business
•    Plans to sustain financial growth
•    Finances on track with business strategy

Core criteria Proportion of overall score

Growth: 20% 
Innovation: 30% 
Customer engagement: 10% 
Leadership: 10% 
Organisational Ethics & Policies: 10% 
Employee Engagement: 5%
Financial performance: 15% 

Previous winners

Signal - The Lloyds Bank New Business of the Year

"This was an enormously exciting company, with superior technical knowledge and innovation in a sector that has the potential to transform the business landscape in generations ahead. This choice was not without risk; technology companies have been known to run out of money before they hit their stride, and too many British technology companies are sold before they reach their full potential. We hope this will not be one of them! We felt that the potential for this company, and the positive impact of a successful British champion in this global field, made it the stand-out choice."

This award recognises those that have exceeded their initial targets for growth and already show a significance within the industry they are operating in. The winning entry will demonstrate their business concept has met and overcome challenges, adopt a clear understanding of the market they operate in and have the foundations in place for continued success and potential expansion. 
 

SPONSORS

Headline sponsor

LLoyds

Award sponsor

Experian

Award Sponsor

Fujitsu

Award Sponsor

London stock

Award Sponsor

Inflexion

Award Sponsor

Von

Awards supplement provided by

Awards supplement provided by The Times

Official Travel Partner

newlogotravel

Official Executive Search Partner

The Grichan Partnership

Official Partner

bsi

 

Official Partner

Charities Aid Foundation

Official Partner

The Supper Club

Official Partner

NWTC_logo

Official Media Partner

businessmatters logo 2018

Official Media Partner

UB-Colour-Masthead-media-partner

Official Media Partner

EB-logo

Official Media Partner

NACUE