What are the benefits of entering the 2023 Scale-Up Awards?
Brought to you by Business Leader, the 2023 Scale-Up Awards are the first and only awards to focus on the scale-up sector. Celebrating high-growth companies and the entrepreneurs that run them, there are a variety of benefits for the companies that enter.
Why should you enter the 2023 Scale-Up Awards?
There are 15 award categories to enter, and each of them is open to UK-based entrepreneurs and businesses of any size. Each award is completely free to enter and there is no limit to the number of categories that can be entered.
There are plenty of other reasons to enter, which are highlighted below:
- Customer acquisition – previous Scale-Up Award winners have said that winning the award has helped them to acquire new customers.
- Morale boost – winning an award can boost the morale of your staff by highlighting their achievements.
- Highlight your credentials – entering the awards can highlight aspects of your business that you wish to show off. Winning the award for ESG and social impact, for example, can be the perfect way to showcase the excellent work you are doing to help the environment.
- Add credibility – winning a Scale-Up award can help cement a company’s credibility.
- Boost sales – according to research, award-winning businesses can acquire a sales boost of 37 percent, as well as a 44 percent jump in their stock price.
- Raise your CEO’s profile – winning an individual leadership award, such as the Business Leader of the Year award, can help raise the profile of your CEO, potentially helping to attract new clients and leading to other opportunities.
- Improved staff retention – previous Scale-Up award winners have reported that winning an award helped them to retain staff.
- Feedback from an illustrious judging panel – all entries to the Scale-Up Awards are checked over by a prestigious judging panel and their feedback can be an invaluable tool for business improvement.
- Free marketing – entering the awards is totally free and will bring more eyes to your company.
- New business connections – in addition to connecting with investors and funders, previous winners of the Scale-Up Awards have reported that it has helped them make other useful business connections.