The Lloyds Bank Small to Medium Sized Business of the Year Award

Criteria 

With 5.55m SMBs in the UK, generating £2.7 trillion in revenues, they are truly the backbone of the British economy as drivers of employment, value and impact. Are you proud of what your company has achieved, how you have been successful, and why people choose to work for you and with you in such an intensively competitive market?

Celebrating the economic contribution of Small to Medium-Sized Businesses, this award recognises SMBs that have maintained consistent growth and strong financial performance, understand their customers, have an engaged workforce with effective leadership, and are continually innovating to support future growth.

Open to all organisations with no more than £25 million turnover in their last financial year, this Award will go to the company that best demonstrates the following:

• An established market position
• Excellent growth, expansion or resilience
• Plan for sustained growth
• Innovation in products, services or processes
• Optimisation of technology & communication
• Customer and staff engagement
• Effective leadership and management
• An ethical approach to business
• Strong business results

Scoring & Weighting 

In this category judges will compare the extent to which each candidate has demonstrated excellence in the following areas:

• Employee & Customer Engagement – 25%
• Leadership & Innovation – 25%
• Organisational Ethics & Policies – 25%
• Financial Performance & Growth – 25%