Growth & Expansion (Small Business) Award

Description

The ABEX Growth & Expansion Award (Small Business) recognizes the business with less than 50 employees that has achieved significant growth or expansion through strategic initiatives. Growth may include increased revenue, market share, or customer base, while expansion may involve new locations, expanded product or service offerings, or entry into new markets. Businesses that have successfully expanded their reach through export—whether within Canada or internationally—will also be recognized for their role in strengthening Saskatchewan's presence beyond provincial borders.

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 less 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.