SBA Now Accepting 2020 National Small Business Week Awards Nominations

SBA Now Accepting 2020 National Small Business Week Awards Nominations

The U.S. Small Business Administration is now accepting nominations for its 2020
National Small Business Week Awards. Every year since 1963, the President of the United States has
issued a proclamation announcing National Small Business Week (NSBW), which recognizes the
critical contributions of America’s entrepreneurs and small business owners. As part of the NSBW, the US Small Business Administration (SBA) takes the opportunity to highlight the impact of outstanding entrepreneurs and others from all 50 States and US Territories in May 2020.

In New Hampshire, the nominee selected as Small Business Person of the Year will compete against
nominees from other states for the National Award. In addition, several other awards will be
competed at the state and regional level. These SBA Awards include the following:


Small Business Person of the Year: For developing an outstanding, growing business; innovative
product(s), increasing jobs, increasing sales, overcoming adversity, and community contributions.
Jeffrey Butland Family Owned Business of the Year: Family-owned business that has passed from
one generation to another and owner has responsibility for operating the business. Nominees must
serve as a majority owner and operator or bear principal responsibility for operating a small business
with at least a 15-year track record.

Micro-Enterprise of the Year: A microenterprise which received SBA assistance (through SBA loan
programs or as a client of our technical service providers) may be nominated. Microenterprise is
defined as any small business with five or fewer employees including the owners.

Veteran-Owned Small Business of the Year: A small business with at least a three-year track record
which is majority-owned by a U.S. Armed Forces Veteran.

Woman-Owned Small Business of the Year: A small business with a track record of at least three
years which is majority-owned by a woman.

Young Entrepreneur of the Year: Any individual who serves as majority owner and operator for a
small business with a three-year track record, and who will not have reached the age of 30 by June 1,
2020.

Home-Based Business of the Year: A business based in the owner’s home.
Minority-Owned Small Business of the Year: A business with at least a three-year track record, which is ajority-owned by an ethnic minority.

Small Business Exporter of the Year: Significantly increased export sales and profits, encouraging
other firms to export, increased jobs through exports, and innovative methods of creating markets.

Small Business Manufacturer of the Year: A business with at least a three-year track record, which
designs, manufactures, fabricates, assembles, or processes a finished product. This includes valueadded food products.

Financial Services Champion of the Year: The following are criteria for the Financial Services
Champion Award: Outside of regular business duties, the amount and quality of assistance given to
small businesses to obtain financing, advocacy for changes in the financial services industry to assist
small companies, encouragement of the flow of investment capital to small ventures, active support
for legislative or regulatory action designed to help small firms, and measurable accomplishments
through the advocacy efforts of the financial services or accounting industries to advance small
business interests.

Eligible businesses must have been successfully operating at least three years and must have received
at least one type of SBA assistance such as, but not limited to, an SBA loan; SCORE, Women's Business Center, Small Business Development Center or Veteran's Business Outreach Center assistance; government contracting assistance; disaster loan assistance; and/or attended Boots to Business; or SBA’s Emerging Leaders Program.

To be considered, nominations should be received by November 15, 2019. National award winners
will be announced during SBA's National Small Business Week, May 3-9th, 2020. More information and the nomination forms can be found here.

If you have anyone you are interested in nominating, please contact Cheryl Croto
Cheryl.Croto@sba.gov or (603) 225-1407.

Comments

Popular Posts