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SME News proudly presents...

Welsh Enterprise Awards (2024)

SME News is thrilled to announce the return of the Welsh Enterprise Awards. Now entering the seventh year, this annual awards programme highlights the hardworking SMEs in the Welsh nation.

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welsh enterprise awards.


Meet our amazing team

The Nomination Team can assist with answering any queries that you have regarding a nomination, or the process involved in taking part in one of our award programmes.

Please get in touch with us via email or over the phone if you have any questions - we are happy to help!

Meet The Team
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Key Dates - Award
Key Dates

Entries Open:Tuesday 23rd July 2024

Entries Close:Friday 6th September 2024

Winners Announced:November 2024


About the SME Welsh Enterprise Awards

Nestled in the picturesque landscape of Wales, the Welsh Enterprise Awards 2024 is a prestigious event organised by SME News. This awards programme is dedicated to celebrating the remarkable achievements and innovations of businesses throughout Wales! From the rugged coasts to the vibrant cities, the 8th annual Welsh Enterprise Awards will shine a spotlight on the enterprises that are driving economic growth and fostering a spirit of excellence within the region.

The Welsh Enterprise Awards 2024 targets businesses across a diverse array of industries! Whether you are a technology startup in Cardiff, a manufacturing firm in Swansea, a hospitality business in Snowdonia, or a creative agency in Pembrokeshire, this programme is designed to recognise those who are pushing boundaries and setting new benchmarks in their fields. The awards aim to encompass the full spectrum of Welsh business, ensuring that all sectors have the opportunity to be acknowledged for their contributions!

In 2024, Welsh businesses are influenced by several key trends. Digital transformation is advancing rapidly, with widespread adoption of cloud computing, cybersecurity, data analytics, and AI to boost efficiency and competitiveness. Sustainability is a significant focus, with companies aligning with the Welsh Government’s Net Zero Plan by adopting eco-friendly practices and sustainable supply chains. Skills development, including apprenticeships and ongoing training, is crucial for addressing skills gaps and fostering innovation.

E-commerce and digital marketing continue to be vital as businesses enhance their online presence and strategies. The tourism sector shows mixed performance, but regions like North and South East Wales maintain stable visitor levels, and attractions are seeing increased numbers. Economic indicators are encouraging, and business confidence is rising, driven by market expansion and technology investments. Despite past challenges, Welsh business activity has seen its fastest monthly increase in a year, showcasing resilience and growth. Retailers are navigating changes proactively, with a focus on adapting to new market conditions and leveraging opportunities for improvement.

SME News is proud to run the Welsh Enterprise Awards 2024 to highlight the exceptional achievements of Welsh businesses and inspire continued excellence and innovation. By recognizing the dedication and hard work of these enterprises, SME News aims to elevate the profile of Welsh businesses on a national and international level! This initiative also seeks to encourage other businesses to pursue excellence and adopt best practices that can lead to sustainable growth and success.

The awards process for the Welsh Enterprise Awards 2024 is simple. SME News welcomes external nominations from anyone who wishes to put forward a deserving business or individual for consideration. Alternatively, SME News also conducts its own independent research to identify potential candidates for recognition. The research team uses various sources of publicly available information to evaluate the performance and reputation of each nominee. The research team then presents its findings to our judging panel, who make the final decision on who will be successful in this year’s awards.

The benefits of taking part in the Welsh Enterprise Awards 2024 are numerous. If you are successful in this year’s programme, you will be presented to our circulation of 78,000 and promoted on our official website for a minimum of 12 months. In addition, our awardees are welcome to choose from our range of competitively priced promotional opportunities to increase exposure of the good news!

Being successful in the Welsh Enterprise Awards 2024 offers numerous benefits. It provides a unique opportunity to gain recognition for your enterprise’s hard work and achievements, boosting your reputation within the industry and among customers. An award can enhance employee morale and attract top talent to your organisation. Additionally, the awards serve as a platform for networking and building connections with other industry leaders and professionals.

Participants in the Welsh Enterprise Awards 2024 will benefit from the exposure provided by the SME News platform, which reaches a substantial audience of 78,000 business leaders and industry professionals. This visibility can significantly enhance your brand’s credibility and recognition.

If you believe that your business or a business you know is worthy of recognition, please do not hesitate to submit a nomination by clicking the “Nominate Now” button on this page. For further information about the Welsh Enterprise Awards 2024, contact us at [email protected] or by clicking the link above!


FAQ's
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How long has SME News been in circulation for?
SME News was first launched in 2017 making it one of AI Global Media’s newer publications. SME News is a quarterly magazine circulated to just over 78,000 recipients. The publication seeks to inform, entertain, influence and endorse the start-up and SME business culture in the UK. We aim to achieve this by providing quality editorial and rigorous research utilising a multimedia platform capable of targeting key stakeholders of dedicated advisers, experts and contributors.

SME News is owned by AI Global Media, a UK based publisher which has over 200 issues to its name since 2010.
Where did the nomination come from?
In the interest of nurturing an environment proven to produce a high response rate, we don’t ask nominees to reveal any personal identity. With regards to methodology, we often nominate candidates ourselves and, when it comes to voting, if you didn’t cast a vote through a self-submission, it is likely to have been cast via a colleague or client who has received one of our direct invitations.

One of the main mantras of our awards system is that your ability to succeed is not linked to the number of votes received, meaning your award is presented purely on merit. In the interest of security and fairness, we track unusual behaviour on our website to identify repeat votes and cyber-threats.
What happens if I agree to be shortlisted?
In the interest of focusing our efforts on relevant and eager candidates, we ask all nominees to accept their position on the shortlist giving people complete control in the decision on whether they would like to move forward with the award. Nominees who accept are subject to our scrutiny during the internal vetting procedure and are given the opportunity to present their own data to be considered alongside information collated by our research team. This can take up to 8 weeks for final assessments to be rendered.
Who makes the final decision?
We employ an entirely impartial panel of 5 individuals to conduct all research. At the helm of the panel, is a veteran academic leader with international academic and training experience and is well versed in research, fact-checking and mediation. SME News’ research is overseen by Martyn Walters, who holds a master’s in history and experience in coaching, sales and hospitality.

This two-tiered system allows for a neutral mediator which we feel allows a more efficient method when determining individuals and companies most deserving of winning an award and has brought us much success and commendation throughout its use.
Is there a winner’s ceremony/award dinner and if so, when does it take place?
The short answer is, no.

We decided to not focus our efforts on a celebratory event. Despite being an enjoyable occasion, it doesn’t support our group’s philosophy of cost-effective marketing. We follow the belief that optional costs associated with an award are better placed in a year’s worth of online marketing for the winner rather than spending large sums on a ceremonial evening.

Our press announcements are made digitally, online and across our network to enforce our position as digital publishers. We aim to provide you with the tools (both digital and physical) to generate real-world value.
What happens if I am deemed successful?
After you have been notified we enforce a short press embargo while the programme manager will liaise with you to establish your preferred method of coverage. Generally, our coverage takes the form of a digital celebratory magazine, we also offer physical trophies, wall mounted certificates and plaques and digital certificates, web-based advertisements and press releases which can be custom designed for you or your company.
Are there any costs involved?
As mentioned there are no compulsory costs in accepting a nomination or winning an award with SME News. We do offer a variety of paid additional benefits for our winners, but these are completely optional. To demonstrate our commitment to no mandatory fees, all our winners are offered a free of charge promotional package. Our company policy will always remain: regardless of budget, our clients should always be able to garner the full value of the award and our seal of approval. We offer a variety of promotional opportunities to our winners, as we have an extensive network and we know, more than anyone, the wider business benefits from promoting industry awards.
Why does your email domain differ from your website domain?
Because we send a large volume of emails, we separate our campaign email sends from our transactional ones. This structure helps to ensure a prompt and thorough response from one of our diligent team members. The sending email address will always be recognisable but please contact us via the address on this page if you have any concerns.

Methodology
Methodology 1: Researching nominees - Full Width BannerResearching nominees

The SME News team work ardently to identify market leaders, innovators and enterprising start-ups, driving many of the nominations themselves.

We also encourage external nominations via the SME News subscribers, online visitors, social media followers, clients and wider circulation.

Nominating parties are invited to put forward either third-party businesses whom they hold in high regard, or their own organisation.

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Methodology 2: Shortlisting nominees - Full Width BannerShortlisting nominees

All nominees are formally requested to accept their nomination. Should any firm or individual rather decline at this point, they are simply taken out of the running.

Those formally accepting are given the opportunity to submit additional materials in support of their nomination. Although there is no obligation to complete and supply material, we have found that many nominees value this stage, in the process, as much as our research team do.

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Methodology 3: Evaluating and judging - Full Width BannerEvaluating and judging

Our dedicated research team will assess all information presented to them.

The team gather information independently from a variety of publicly accessible sources, which are assessed alongside any material supplied by a nominating party or the nominee themselves.

The research team casts their final judgment, based on various criteria including: client dedication, innovation, business growth, longevity, online reputation, customer feedback and business performance.

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Methodology 4: Our deserving winners - Full Width BannerOur deserving winners

Once winners are determined, they are personally notified before any public announcement is made, allowing time for any communications throughout the wider business and the coordination of marketing strategies.

Unfortunately, not everyone can be a winner; however, all who take part are encouraged to come back next year.

Once the press embargo is lifted, details of our SME award winners will be made public via the website, award winners’ magazine and subscriber newsletter.

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Methodology 5: Making the most - Full Width BannerMaking the most

We are prepared to offer a range of promotional packages and items to SME award winners, which vary from inclusion in the free-of-charge winners’ directory, to trophies, content in our magazine and on our website.

We encourage all winners to publicly announce their win independently. Announcements via company websites, social media, via publicly released press releases, and through local and national press are all great ways of maximising the exposure which can be gained from such an amazing achievement. If you have need of further advice, on how to gain maximum exposure from your win, please feel free to get in touch. We are happy to assist our clients with their needs.

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