The British Chambers of Commerce and BT search for this year’s most promising new business. Chamber Awards 2005 London, 4th April 2005 March 2005 – The British Chambers of Commerce (BCC) and BT are encouraging the UK’s flourishing new businesses to enter this year’s Chamber Awards. Now in its second year, the Chamber Awards 2005 aim to recognise outstanding business achievement within the UK business community. In 2004 the BT Most Promising New Business award was won by Xtreme Business Solutions from Aberdeen. Even though the network infrastructure company was less than 18 months old it was making a big impact in the industry by exploiting a clear edge over its competitors through innovative product development. David Frost, Director General of the BCC commented; “Starting a new business is always tough and so many don’t make it past their second year of trading. With so many business failures any company that has true longevity and promise is something to be treasured and we should recognise those who have created them.” Craig Rowland, managing director of BT Business added: “The small business sector is the real economic powerhouse of UK PLC and while priorities for small businesses may vary over time, by company and by marketplace, the main issues facing SMEs do not change. That’s why this particular award is so interesting, because it is specifically designed to recognise the efforts involved in starting a business. “We are delighted to be supporting the ‘Most Promising New Business’ category again this year - we want to help small businesses grow and succeed, whether they are just starting out or have been in business for a while”. There are eight different categories of awards and companies can enter as many as they wish. The categories comprise;
The Chamber Awards will be judged in two stages at both a regional and national level and will be celebrated at a Gala Dinner at the Royal Courts of Justice in London on the 24th November 2005 Each national level finalist has the chance to win the top prize of £25,000 cash for outstanding business achievement. Last year this was won by DB Shoes LTD from Rushden, Northamptonshire. The company used database technology to pull itself back from the brink of receivership and enter itself into new and profitable niche markets - even whilst fighting off competition from cheaper overseas competitors Entry forms and judging criteria can be obtained by visiting www.chamberawards.co.uk. The forms can be completed and submitted online or alternatively printed off and sent by mail. The closing date for all entries is 27th June 2005. The awards are open to any member company of a Chambers of Commerce. ENDS For further information or requests for interviews please contact: Judy Osborn at Purple Rabbit Notes to the editors:
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