ALMOST 50% OF UK JOBS ARE THANKS TO SMALL BUSINESSES
A government report published last week has revealed that small businesses account for a whopping 47.1% of employment and 37.2% of turnover in the UK.*
[UKPRwire, Mon Sep 03 2007] Small businesses often get overshadowed in the world of business, but this eye-opening figure illustrates the power in numbers and urges us to take notice of the ‘little people’! So while the big boys such as TESCO and British Airways take the spotlight internationally, we should be showing a little more respect to the smaller UK businesses, whose combined economic contribution is enormous and well worth recognition!
Last week, fifty-six such small businesses received the recognition they deserve as they were announced finalists of the Startups Awards 2007. The awards are organised by startups.co.uk – the UK’s largest independent online resource for budding entrepreneurs. These prestigious annual awards, now in their fourth year, are organised in conjunction with NatWest and are endorsed by the Department of Trade and Industry (DTI)
This years finalists include Zipee bikes, the zero pollution electric bikes in the running for Green Business of the Year, Ladyzone, the ladies only gym started by an ex footballer who is a finalist for Young Entrepreneur of the Year, and the Community Impact of the Year finalist: Busymummy, who provide support to teenage mums and those who work with them.
Winners of each of the 16 categories will be announced at an awards ceremony and three-course luncheon to be held at the Royal Garden Hotel in Kensington, London on Friday 31 October. They will all compete to be named The NatWest Startups Business of the Year and walk away with a £5000 cheque.
All shortlisted finalists have been trading for less than three years, are privately owned, and employ fewer than 60 people.
This year’s judging panel consists of some of the UK’s most prestigious and respected experts within the start-up and small business market. They include Martin Webb, entrepreneur and presenter of Channel 4’s Risking it All, Tim Campbell, winner of The Apprentice, 2005, Levi Roots, founder of Reggae Reggae Sauce (as featured on BBC’s Dragons’ Den), Sahar Hashemi, founder of Coffee Republic and many more.
The judges look at a wide range of criteria; in particular, business success either by increase in sales and unit volume, market research and identification of customer focus, organisational and team building effectiveness, strategic planning, overcoming obstacles and barriers to success, visionary leadership and social, environmental and community responsibility.
Additional sponsors include Barter-Card, brighter business, BT, NetRegs, Yellow Pages, amen, brother, BPS, EOFFICE and Business Link.
For further information about Startups Awards 2007 visit www.startupsawards.co.uk or telephone 020 8334 1680
Notes to editors:
*The Department of Business, Enterprise and Regulatory Reform, UK 2006. Published 22 August 2007
The 2007 Startups Awards is organised by Startups.co.uk – the UK’s largest website for people starting and running their own businesses. Startups provides free help and advice to 160,000 new visitors every month. www.startupsawards.co.uk
The 2007 Startups Awards is headline sponsored by NatWest Business Banking. As one of the leading banks for small business, NatWest understands the difficulties of running a successful business and knows just how much work it takes. NatWest has an extensive network of local Business Managers and offer a dedicated relationship service to all business customers including a direct line to each business manager, free face-to-face advice and phones manned 24/7. In addition, it offers free and discounted business banking for up to two years, a free start-up course and a comprehensive range of banking solutions tailored to your business needs. www.natwest.co.uk/startup