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WHICH AWARD CATEGORY IS THE BEST FIT?

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Applicants often find that their business fits into more than one category. It’s important when choosing your category to select the best fit for your business. Where will your accomplishments be best highlighted? In which category will you be most competitive? Below is a summary of each category with leading questions. For more information on each award and to read up on past Finalists, click on the award name.

The Ones to Watch Award might be the best fit for you if the below describes you:

  • Your business has existed for more than 1 but fewer that 3 fiscal years
  • Your business projections demonstrate the potential for solid growth over the next 3 years

The Micro-Business Award might be the best fit for you if the below describes you:

  • Your top line / gross revenue was less than $1 million in the last fiscal year
  • You’ve experienced gains in your business that indicate future potential
  • Access to media coverage, leading women entrepreneurs and business and professional experts would  substantially help your ability to grow

The Start-Up Award might be the best fit for you if the below describes you:

  • Your profitable business has existed longer than three but fewer than five years
  • You have experienced an above average rate of growth in the first 5 years of business
  • Your future plan for your business is realistic and achievable  [ie. Do you have a sustainable business plan?]

The RBC Momentum Award might be the best fit for you if the below describes you:

  • You have achieved over 10% yearly growth for the last 3 years [Applicants are required to provide financial statements]
  • You have positioned your business for extraordinary future growth
  • You have expanded or you plan to expand management, your team, and employee base to reflect your continued growth

The Social Change Award: National Impact might be the best fit for you if the below describes you:

  • You are the leader of a Non-Profit, Non-Governmental Organization, Social Enterprise, Registered Charity or Foundation
  • Your organization’s reach spans across the country and/or internationally. (ie: your organization has national impact or global impact)
  • You have been influential in improving the quality of life your clients or people in the community you serve
  • You are a champion for philanthropy, volunteerism, and social change

The Social Change Award: Regional Impact might be the best fit for you if the below describes you:

  • You are the leader of a Non-Profit, Non-Governmental Organization, Social Enterprise, Registered Charity or Foundation
  • Your organization’s reach has a local or regional focus (ie: your organization has local impact versus national or global)
  • You have been influential in improving the quality of life your clients or people in the community you serve
  • You are a champion for philanthropy, volunteerism, and social change

The Innovation Award might be the best fit for you if the below describes you:

  • You have identified and pursued a new market
  • You have  captured a niche market or set a new trend
  • You have you demonstrated innovation in growing your business

The Excellence Award might be the best fit for you if the below describes you:

  • Your entrepreneurial endeavors have generated an uncommon degree of economic benefit [ie: Your business generates in excess of $25 million in revenue per year]
  • You have created multiple successful businesses or run your current business for more than 10 years
  • You have a track record of growth and profitability within your business(es)