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Please be advised that there are separate requirements for the SBPOY award and the local awards. Below are requirements for the SBPOY and Woman Owned categories for you to review.
Review the SUBMISSION GUIDELINES for each of the award categories carefully and be sure to follow the directions before you upload your package.
All nominations must be submitted electronically to the MA district office BOX ACCOUNT HERE by: 3:00 P.M. on January 11, 2022.
Questions: norman.eng@sba.gov
Small Business Person of the Year
Nominees from each of the 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam will compete for the title of the National Small Business Person of the Year, SBA’s signature award. Nominees must demonstrate success in business as well as contributions to their local communities. Previous award winners include Superstition Meadery, Landmark Pest Management, Maui Brewing Company, Equator Coffee & Teas, Pacifica, and Missouri Star Quilt Company.
What information must the nomination package contain?
Nominations must contain the information below. Incomplete nomination packages will not be considered.
1) A completed background form (SBA Form 3300, Award Nominee Background Form) which is available at www.sba.gov/nsbw. For “team” nominations, a background form is required for each team member;
2) A completed nomination form (SBA Form 3301, Small Business Person of the Year) which is available at www.sba.gov/nsbw;
3) An original 8” x 10” or 5” x 7” photo of the nominee or a digital photo – at least 300 dpi is required; photocopies are not acceptable. For “team” nominations, a photo of each nominee or group photo is acceptable; and
4) Additional supporting documentation deemed significant by the nominator, including news clips, letters of recommendation, nomination letter (if not self-nominated), and other evidence of the appropriateness of the nomination. Supporting documentation may not exceed 10 pages. Videos will not be considered.
What are the evaluation/selection criteria?
In evaluating the nomination packages, the judges will look at the following criteria:
1) Staying power — a substantiated history as an established business; including but not limited to expansion, exporting, addition of territories, or growth in square footage occupied;
2) Growth in number of employees — Increases over the three years must be in excess of growth in Gross Domestic Product as determined by the Bureau of Economic Analysis (www.bea.gov);
3) Increase in sales, net profit, and net worth for the three prior calendar years, that is, 2017, 2018 and 2019;
4) Response to adversity — examples of problems faced in the nominee’s business and the methods used to solve them; and
5) Contributions to community-oriented projects — evidence of the use of his/her personal time and resources towards community-oriented projects.
WOMAN SMALL BUSINESS OWNER
Any woman/women who owns at least 51% and operates a small business may be nominated.
Nominee must respond to the following criteria via SBA Form 3315 and provide a brief narrative paragraph responding to elements 6 and 7. (include a signed Photo Release form)
- Staying power – a substantiated history as an established business; including but not limited to expansion, exporting, addition of territories, or growth in square footage occupied.
- Growth in number of employees over the last 3 years (2017, 2018 and 2019).
- Increase in sales, net profit, and net worth for calendar years 2017, 2018 and 2019.
- Innovativeness of product or service offered – Explanation of how the product or service fits a niche not being adequately addressed by the competition.
- Contributions to community-oriented projects – evidence of the use of his/her personal time and resources
- Response to adversity – examples of problems faced in the nominee’s business and the methods used to solve them.
- Volunteer efforts to advance woman business interests within the community
Questions: norman.eng@sba.gov
Disclaimer: The SBA does not endorse the organizations sponsoring linked websites, and does not endorse the views they express or the products/services they offer. All programs and services are extended to the public on a nondiscriminatory basis.
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