Growth & Expansion (Medium & Large Business) Award

Description

The ABEX Growth & Expansion Award (Medium & Large Business) recognizes the business with 50 or more employees that has successfully executed growth or expansion strategies, leading to measurable business success. Growth may include revenue increases, workforce expansion, or market share gains, while expansion may encompass new geographic markets, product diversification, or investment in innovation. Businesses that have grown Saskatchewan's economy through export—whether by bringing local goods and services to national or global markets—will be recognized for their contributions to expanding the province's economic footprint.

Requirements

Eligibility Criteria

To be eligible for this award, the organization must:

• Be a for-profit business.
• Demonstrate financial viability by submitting financial statements.
• Have been operating in Saskatchewan for at least two years as of April 1, 2025.
• Not have been the recipient of this award in the previous year.
• Not have won Business of the Year the previous year.
• Not currently serve as a board member or staff of the Saskatchewan Chamber of Commerce.
• Have more than 50 employees.

Evaluation Criteria

To be successful in this category, organizations should ideally:

• Display evidence of 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.