Guy Rigby, Head of Entrepreneurial Services at Smith & Williamson presented the 2017 Growth Champion of the Year award to All Good
Eight exemplary high-growth businesses went head to head at 2017 Growth Investor Awards
Visit growthinvestorawards.com for details of winners and runners-up in all 16 categories
Last night, at the Royal Lancaster in London, 450 leading decision makers from the UK’s vibrant SME investment ecosystem celebrated their stellar successes at the third annual Growth Investor Awards, organised by Intelligent Partnership.
From a field of eight Growth Champions and backed by NVM Private Equity, All Good won the marquee 2017 Growth Champion of the Year award and has been rewarded for its formidable growth and innovative approach. Backed by Stage Capital, Horizon Care and Education, which supports vulnerable children, claimed the runner-up spot in a closely contested race and its execution of an incredibly difficult business model in a challenging environment was highly praised. Chop’d, which is in Calculus’ stable, was also identified as ‘One to Watch’ by the judges for its winning formula leading to rapid regional expansion.
Gateshead-based snack company All Good is a producer of healthier alternatives to crisps under two differentiated brands. Flagship brand Manomasa spans nine Spanish and Latin American-influenced flavours. First retailing in delis and farm shops it has now expanded into supermarkets including Tesco, Sainsbury’s, Waitrose, Asda and Whole Foods. Mexican Dave’s offers three different flavours of tortilla chips. Both brands use only quality ingredients and no artificial flavourings.
The Growth Champion of the Year award, sponsored by Smith & Williamson, recognises scale-up businesses and their founders. It is the highest accolade in the UK for SMEs that have received venture capital funding and is open to any growing and productive UK-based company with a turnover of more than £3m in the last financial year.
The judging panel considered a range of growth metrics including revenues, job creation, and regional and international expansion, all under the umbrella concern of how funding and associated support have been optimised to enable growth. An online public vote also made up 20% of the finalists’ overall scores.
Guy Rigby, Head of Entrepreneurial Services at Smith & Williamson presented the prestigious award to All Good. The dynamic shortlist for this year’s award featured Blow LTD, Chop’d, Horizon Care and Education, Housekeep, Inspiresport, Laundrapp and Lineup Systems.
Smith & Williamson helped design and has sponsored this award since inception, demonstrating its commitment to fostering a culture of entrepreneurship and innovation throughout the UK. Last year, the inaugural award was won by Eve Sleep, which has continued to expand rapidly and listed on AIM early this year.
Rigby commented: “The Growth Champion of the Year award is a highly prized trophy that recognises formidable scale-up achievements made by great businesses that form the lifeblood of the UK economy. All Good is a great example of fantastic revenue growth in such a short space of time in what is a highly competitive space, and how timely investment can help fledgling brands grow at an extraordinary pace.”
Guy Tolhurst, Managing Director at Intelligent Partnership, elaborated on the judge's’ decision: “Healthy innovation in the snack market is rare, but this team has achieved a huge amount. The judges praised All Good as a perfect example of how the right support and funding can see a fledgling brand achieve an incredible growth rate.”
Rory Bremner presided over the exclusive black tie awards, spanning 16 different categories. Chris Philp MP, entrepreneur and Parliamentary Private Secretary to HM Treasury Ministers, gave the first keynote speech of the evening. The ceremony featured a second keynote speech from Alan Cheatle, CEO and founder of TEN Group, on its stages of growth and how magic can happen when great investors meet promising entrepreneurs.
Margot James MP, Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy, commented “It is events like these - where the business community comes together to both reward and recognise laudable achievements - that instil in us all a great sense of pride in the UK.
We are working hard to support businesses and entrepreneurs across the UK to ensure they can access the finance and wider support to grow and have the right conditions for companies to invest in the long term.
Events like the Growth Investor Awards do a great service to that end. I would like to take this opportunity to congratulate everyone who received an award and hope this serves as inspiration to others to start and build their own businesses.”
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.
Notes to editors
Smith & Williamson is a leading financial and professional services firm providing a comprehensive range of investment management, tax, financial advisory and accountancy services to private clients and their business interests. The firm’s c1,800 people operate from a network of 11 offices: London, Belfast, Birmingham, Bristol, Dublin (City and Sandyford), Glasgow, Guildford, Jersey, Salisbury and Southampton. Smith & Williamson is part of The Tilney Smith & Williamson Group.