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Spotlight on international trade

Posted by: , Posted on: - Categories: Advice, International trade
London Gateway Port (credit: DfT/CC BY-NC-ND 2.0)
Licence: DfT/CC BY-NC-ND 2.0

With less than 4 weeks left it might be a good time to remind you to think about entering! There are 3 business awards to enter and today we're going to look at international trade.

First of all, who can enter? Well it's the same rule for all the businesses categories, so long as you've got a minimum of 2 full-time UK staff (or equivalent) you can enter.

No dips!

There can be no drops in trading figures over 3 years or 6 years. How do you decide? A good rule of thumb is 'steady' equals 6 years and 'extraordinary' equals 3. There is no difference between the two.

A minimum of £100k for the first year of entry

Although you can enter with a small company you must clear this hurdle. Once you are over it you must demonstrate good growth. You must be considered exceptional compared to others in your sector and compared to other businesses your size.

Tell your story as well as possible! What made you choose to start off in whatever country you picked. Do you have a mission statement? Don't forget to include anything your company has done in terms of local environment and providing contributions to charities, if indeed you make any.

Deadline for entries: 30 September.

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