University encourages innovation in small businesses

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University encourages innovation in small businesses

28 Jan 2010 12:14:18

The University of Bedfordshire’s Knowledge Hub is sponsoring the Business Innovation Award at the Small Business Awards 2010.

The award is for small businesses in Bedfordshire that can demonstrate a high degree of innovation in any form.

Gaynor Bray, Sales and Marketing Manager at the Knowledge Hub said: “Innovation is not just about new products but also new business processes, new approaches to market and new services so small businesses are just as capable of being innovative as larger companies are. Innovation is not as scary and high tech as some people may think and small businesses should not be discouraged from entering this competition.”

Entrants will be asked to show how their business goes about encouraging creativity and new thinking and how knowledge or technology play an important part in the development of the business. They will also be asked to focus on a particular example of a successful change implemented in the last two years as a result of an innovative idea.

The awards, which are being run by the Federation of Small Businesses (FSB), are specifically for businesses with fewer than 50 members of staff and aim to celebrate the best of these businesses in Bedfordshire.

Award categories include Enterprising Business Award, Best New Business Award, Employee of the Year Award and many more. Applicants can enter up to three separate categories. The top prize is worth £1000 and winners and those shortlisted also get free publicity.

All entrants will be judged by a panel of experts and winners will be announced at an awards ceremony at the Luton Hoo Hotel on Thursday, 27 May.

The closing date for entries is 15 April.

Bedfordshire University

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