Description
The ABEX Award for Growth and Expansion is given to a business that has made significant changes in their business resulting in “Growth” or “Expansion”. Growth may encompass increased revenue, market share, or customer base, while expansion may include geographical reach, number or size of business locations, product lines, or service offerings. Recognizing achievements such as job creation and substantial investments, this award highlights businesses that strategically evolve and positively impact the economic landscape.
Requirements
- Must be a for-profit business.
- Must be financially viable.
- Must be operating in Saskatchewan for at least two years at the time of applying.
- Display evidence of prior financial growth, as well as growth or expansion in other areas (market share, customer base, geographical reach, business locations, product lines, service offerings)
- Showcase the development of strategies and projections for future growth.
Criteria
Financial Statements |
Safety Plan Pass or Fail |
Overall Application Quality |
Initial growth and expansion strategy |
Details of growth and expansion (cause, time frame, type of growth & expansion) |
Impact on sales and productivity |
Job Creation |
Plans for continued growth (projections) |