The Federation of Small Businesses (FSB) and WorldPay has launched the national Small Business Awards.
The FSB WorldPay UK Business Awards are designed to raise the profile of small businesses across the UK and to highlight the crucial role they play in supporting the economy.
The awards are divided into four categories; Business Innovation, Young Entrepreneur, Micro Business and Online Business, where one entrant within each group will be named as the overall category winner.
Each of the four category winners will receive a prize fund of £4,500, plus a half-day marketing workshop.
In addition, one business from the four category champions will also be selected as the overall winner of the FSB WorldPay UK Business of the Year Award.
The overall winner will receive an additional prize fund of £5,000. Last year’s winners included Armits Autos (Young Entrepreneur), Atelier Millinery (Micro Business of the Year) and My Little Angels (Online Business of the Year).
Ted Salmon, North East FSB Regional Chairman, said: “Last year was the first time we ran the awards and the SME business community’s response was overwhelming.
“We had more than 600 entries and we are hopeful that we’ll beat that figure this year.
“Small retailers, craftsmen, manufacturers, service providers and specialists are the driving force of Britain’s economy and our nationwide award scheme is specifically designed to highlight the importance of small businesses in Britain and to recognise and celebrate their success.”
Robin Mackenzie, head of small business at WorldPay added: “These awards are about celebrating the heroes making British small business great.”