SME BUSINESS EXCELLENCE AWARDS
SME Business Excellence Award focuses on entrepreneurs and SME owners in the SOUTH-SOUTH region of Nigeria who have performed remarkably in Business development and Innovation, entrepreneurship and creativity, youth empowerment, leadership excellence, and unique contribution in community development resulting to improving the quality of life in the society and the nation at large.
- To encourage micro and medium scale /potential business owners in acquiring the requisite knowledge on how to grow and sustain their own business.
- To reduce dependence on government in their drive towards job creation and sustainability
- To guide and improve already existing, small and medium scale business by developing or growing them into brands that can compete favourably with their counter parts
- To suggest through the lectures they need for law makers to introduce bills that will reduce the cost of registering a new business name and other cost.
- To introduce start up packages from CAC representatives and bank officials for new business.
WHAT IS IT?
In line with the strategy to groom promising SMEs, This award also inspires willing and able Small business owners that have the potential to be world-class enterprises an opportunity to actualize their dreams and aspirations. This is organized in collaboration with Federal Universities and other credible institutions in Nigeria. This initiative and partnership between the Universities and Rome Business School is offering SMEs a platform to promote themselves to investors and partners to enable speedy growth.
The top performing companies in individual categories of Growth, Financial Strength, Innovation, International Outlook, Corporate Governance and People capital, which shall be awarded Recommendation Citations.
The Awards are aimed at:
Celebrating Nigerian’s top performing SMEs
Creating greater awareness of the importance of SME development
Creating a national motivational psyche in the nation’s social and business community
Encouraging SME role models to share their best practices in management
Marketing the capabilities of the winning SMEs to regional and global investors
Providing opportunities for SMEs to network and raise capital
Identifying a continuous and sustainable pipeline of SMEs for a potential secondary listing of SMEs that can attract equity capital for growth
Providing development path for SMEs to graduate
Supporting a culture of transparency, corporate governance and best practice sharing.
SMEs – BUILDING BLOCKS OF THE NIGERIAN ECONOMY
Considering the fact that a private sector driven economy is the ideal vehicle for a smooth transition from the economic recession into a stable and self reliant economy. The SME Business Excellence Awards creates partnership between Federal Universities and Rome Business School to achieve this purpose. This sector continues to demonstrate resilience in the face of changing global and domestic economic scenario.
The importance of SMEs is reflected in their ability for employment generation, relatively lower capital requirement and promotion of industrial development in rural areas. This sector produces a diverse range of products catering to various segments of market. Thus, it is clear that SMEs are an integral part of the Nigerian economy and are strong building blocks for the growth. This makes it important to nurture them in the form of right support and incentives from the government to achieve its full potential and a more balanced and inclusive economic growth.
NEED FOR THE AWARDS PROJECT
Nigerian has had a long tradition of entrepreneurship and Nigerian entrepreneurs have contributed immensely to the country’s economic progress and international standing. The pivotal role of SMEs is underscored by the fact that they employ more than million people and account to some % of Nigerian production. It is now well accepted that the actual potential of the sector can be truly realized with faster enhancements in marketing, finance, skills development and technology.
Further, with the government’s current initiative of SME Startup Nigerian there is a need to highlight the success stories of high-performing SMEs, such that it acts as a source of motivation for new entrepreneurs. With this objective in mind, Rome Business School Nigeria partners with Brain box Entertainment Ltd in launching the SME Business Excellence Awards 2018, an initiative that will recognize and felicitate SMEs that have demonstrated exemplary performance in their respective fields.
In order to participate and nominate your business for the SME Business Excellence Awards you just need to write the Rome Business School – Nigeria a formal letter with clear information on the unique achievements of your company, organization, institution, etc.
Categories for Hospitality Business
- Best environment
- Hospitality business
- Best in service
- Best food and beverage
BENEFITS OF PARTICIPATION
You will receive a “Participation Certificate” thanking you for your participation
Winners will receive award trophies by exceptional dignitaries (To know more about the past dignitaries who graced our events earlier, refer go to the ‘Events Gallery’ tab)
Our winners get visibility on global basis through our digital networks. Further, we ensure that our publications are distributed to the ministries, top corporate, banks etc. which will give more visibility to the winners and the profiled companies
Profile of the award winners will feature in our yearly publication, “Leading SMEs of Nigeria of the year” free of cost.
Please note that, no fees would be charged for nominating your business and to participate in this awards initiative.