SME Business Excellence Award

Date: 28 of July 2017

Venue: Banquet Hall, Government House, Yenagoa, Bayelsa State – Nigeria

OVERVIEW

This year’s SME Business Excellence Award focuses on entrepreneurs and SME owners in the SOUTH-SOUTH region of Nigeria who have performed remarkably in Business development and Innovation, entrepreneurship and creativity, youth empowerment, leadership excellence, and unique contribution in community development resulting to improving the quality of life in the society and the nation at large.

OBJECTIVES

  • To encourage small and medium scale owners in acquiring the requisite knowledge from short courses held by the Rome business school.
  • To reduce the dependence on the government for job creation and sustainability for the ordinary Nigerian with business ideas.
  • To Guide and improve already existing small and medium scale enterprises into the global market despite the odds in the economy.
  • Suggest through the Lectures the need for the State House of Assembly to introduce bills that will reduce the cost of registering a new business name and other costs.
  • To introduce Startup packages from CAC representatives and  bank officials for new businesses.

WHAT IS IT?

In line with the strategy to groom promising SMEs, This award also inspires willing and able Small business owners that have the potential to be world-class enterprises an opportunity to actualize their dreams and aspirations. This is organized in collaboration with Federal Universities and other credible institutions in Nigeria. This initiative and partnership between the Universities and Rome Business School is offering SMEs a platform to promote themselves to investors and partners to enable speedy growth.
The top performing companies in individual categories of Growth, Financial Strength, Innovation, International Outlook, Corporate Governance and People capital, which shall be awarded Recommendation Citations.

The Awards are aimed at:

  • Celebrating Nigerian’s top performing SMEs
  • Creating greater awareness of the importance of SME development
  • Creating a national motivational psyche in the nation’s social and business community
  • Encouraging SME role models to share their best practices in management
  • Marketing the capabilities of the winning SMEs to regional and global investors

SMEs – BUILDING BLOCKS OF THE NIGERIAN ECONOMY

Considering the fact that a private sector driven economy is the ideal vehicle for a smooth transition from the economic recession into a stable and self reliant economy.  The SME Business Excellence Awards creates partnership between Federal Universities and Rome Business School to achieve this purpose. This sector continues to demonstrate resilience in the face of changing global and domestic economic scenario.

The importance of SMEs is reflected in their ability for employment generation, relatively lower capital requirement and promotion of industrial development in rural areas. This sector produces a diverse range of products catering to various segments of market. Thus, it is clear that SMEs are an integral part of the Nigerian economy and are strong building blocks for the growth. This makes it important to nurture them in the form of right support and incentives from the government to achieve its full potential and a more balanced and inclusive economic growth.

NEED FOR THE AWARDS PROJECT

Nigerian has had a long tradition of entrepreneurship and Nigerian entrepreneurs have contributed immensely to the country’s economic progress and international standing. The pivotal role of SMEs is underscored by the fact that they employ more than million people and account to some % of Nigerian production. It is now well accepted that the actual potential of the sector can be truly realized with faster enhancements in marketing, finance, skills development and technology.

Further, with the government’s current initiative of SME Startup Nigerian there is a need to highlight the success stories of high-performing SMEs, such that it acts as a source of motivation for new entrepreneurs. With this objective in mind, Rome Business School Nigeria partners with Brain box Entertainment Ltd in launching the SME Business Excellence Awards 2017, an initiative that will recognize and felicitate SMEs that have demonstrated exemplary performance in their respective fields.

In order to participate and nominate your business for the SME Business Excellence Awards  you just need to write the Rome Business School – Nigeria a formal letter with clear information on the unique achievements of your company, organization, institution, etc.

BENEFITS OF PARTICIPATION

  • You will receive a “Participation Certificate” thanking you for your participat
  • Winners will receive award trophies by exceptional dignitaries (To know more about the past dignitaries who graced our events earlier, refer go to the ‘Events Gallery’ tab)
  • Our winners get visibility on global basis through our digital networks. Further, we ensure that our publications are distributed to the ministries, top corporate, banks etc. which will give more visibility to the winners and the profiled companies
  • Profile of the award winners will feature in our yearly publication, “Leading SMEs of Nigeria of the year” free of cost.
  • Please note that, no fees would be charged for nominating your business and to participate in this awards initiative.

ABOUT THE AWARDS CEREMONY

The event will be attended by senior officials from SMEs, government institutions, technology companies, banks, consultancy firms etc. The event thus serves as a platform for networking and connecting with fellow corporate leaders. The awards will not only showcase the achievements of the winners on a wide national platform, but also lend them global credibility through wide network.

1. Family Run Business
2. Under 30s Business
3. Retailer (With mostly offline focus)
4. Best Online Retailer
5. Best E-Commerce Logistics
6. Food and Drink – Micro to Small SME
7. Customer Focus / Engagement
8. New Business – Non Digital
9. New Business – Services
10. New Business – Digital
11. Community Minded Company
12. Environmentally Minded
13. Company Transformation
14. B2B SME
15. New Product / Service from an SME
16. SME Website (Non e-Commerce)
17. SME Social Media (In-house)
18. START-UP Business of the Year
19. Entrepreneurial Spirit Award – (Woman Entrepreneur)
20. Most Innovative SME Company
21. Best SME banking
22. Best SME banding
23. Best SME training school

Businesses with a CAC license and with a company annual turnover of not less than 5 million and not less than 50 employees.

Businesses which have been trading for less than 2 years and hold a CAC license, with a company turnover of less than 2 million and not less than 20 employees. This is the only award which businesses younger than 2 years can enter.

– Win more work by showcasing your innovative, high quality products and services
– Promote your company name and image, boost your company morale, and gain recognition for your hard work.
– Publicity through the associated Media Partners. The potential for positive media coverage in broadcast media, regional and trade titles and the partners’ / sponsors’ own publications and newsletters
– Unrivaled business opportunity to network and form solid relationships with potential clients
– Congratulate your teams on their success
– Celebrate the SME sectors achievements in the country

Please call on 09067556524, 08087254808 or email [email protected], [email protected] to discuss your achievements and the entry process.