Entries for the FNB Business Innovation Awards open today, 1 October 2014, and is the first of its kind. The awards, in partnership with FNB Business and Endeavor South Africa, aims to recognise and celebrate companies that continue to forge unique ways of doing business.
The purpose of the awards is to recognise the growth that each entrepreneur has achieved for their business. “FNB understands that outside of financial considerations, businesses should be recognised, and given access to expert guidance and global mentorship in order to achieve their goals,” said Michael Vacy-Lyle, CEO of FNB Business at the launch of the awards.
Facilitated by Endeavor SA, the selection criteria of the awards will focus on businesses that are able to meet the following key areas:
- Development impact: Exhibit high-growth potential and the capacity to add substantial economic as well as strong potential to create a number of high-value jobs;
- Business Innovation: Demonstrate real innovation that has the potential to change the way an industry operates locally and/or internationally;
- Fit with FNB and Endeavor: Be interested in accepting advice and support from FNB and Endeavor as well as contributing to the Endeavor network.
Factors such as brand and reputation, stakeholder relations and goodwill, environmental sustainability, social responsibility, and quality of governance are all taken into account. We challenge established businesses to enter the awards to inspire them to think bigger
Opportunities for winners
The winner of the FNB Business Innovation Awards will get an opportunity to participate in the three-day Endeavor International Selection Panel (ISP). The ISP brings together high-impact entrepreneurs to have their business evaluated by world-class business leaders and for the opportunity to become part of an exclusive global network.
“The FNB Business Innovation Awards are an extension of FNB’s commitment to addressing modern business and economic challenges. We challenge established businesses to enter the awards to inspire them to think bigger,”