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Smith & Williamson sponsor 'Growth Champion of the Year' award

  • Written By: Mark Gee
  • Published: Wed, 03 May 2017 14:07 GMT

Smith & Williamson is delighted to be sponsoring the Growth Champion of the Year award at the 2017 Growth Investor Awards.

The 2017 Growth Investor Awards will celebrate the UK’s SME investment management community’s role in job and wealth creation successes. The awards recognise companies, and individuals, who are helping start-up and ‘scale-up’ businesses realise their full potential and power Britain’s economy.

The Growth Champion of the Year award is one of the flagship awards of the evening and is open to any UK-based scale-up with a turnover of no less than £3m in the last financial year. It has been designed to recognise a stand-out company that has deployed tax-advantaged growth capital, such as the enterprise investment scheme (EIS), the seed enterprise investment scheme (SEIS) and venture capital trusts (VCT), to ‘scale-up’ its business, expand its market share, deliver economic benefits to its surrounding community, and even fund regional or international expansion.

Guy Rigby, head of entrepreneurial services at Smith & Williamson, said: “We’re very pleased to be sponsoring the Growth Champion of the Year Award once more. This award is open to any business that has used tax-advantaged growth capital to scale up and will be judged on how that investment and associated support has been optimised – including growth metrics and deployment. I can’t wait to see the calibre of this year’s entrants, and I wish them all the very best of luck.”

2016 Growth Champion of the Year

Eve Sleep, designers of the “world’s most comfortable mattress”, claimed the inaugural award last year, ahead of runner-up Carwow, from a field that included Darwin & Wallace, Flyvictor, Go Outdoors, Gousto, Notonthehighstreet.com and Outplay Entertainment.

Presenting the 2016 award, Guy Rigby, said: “Eve Sleep launched in February 2015 and raised three funding rounds, reaching revenues of £1.5 million a month. This was an incredible achievement for such a young start-up company.”

Accepting the 2016 Growth Champion of the Year award, Kuba Wieczorek, Eve Sleep’s chief brand officer, said: “This is amazing recognition for all the hard work that the Eve Sleep team and investors have put in to achieve such significant growth. In just 18 months, Eve Sleep has gone from four founders in the UKto a team of 50 across the US and Europe. Our latest funding will supercharge that growth further in new markets and in new product development.”

Last year’s impressive finalists were backed by more than £120 million of venture capital, having optimised EIS, SEIS or VCT funding to successfully scale-up their businesses. Between them, the finalists, employed over 2,800 people and were expecting to achieve turnover in excess of £310 million in 2016.

How to enter

This year’s awards are now open to any organisation or individuals involved in putting investment to work in UK SMEs. All entries will be initially assessed to ensure that they meet the category requirements. All organisations and companies that meet the relevant award criteria will be able to submit an entry by completing the online form and submitting an administration fee. As part of Smith & Williamson’s sponsorship, entries for the 2017 Growth Champion of the Year category can be submitted free of charge.

Companies and individuals have until 2 June to submit their award entries. All information about the 2017 Growth Investor Awards, including award categories, criteria and how to enter, can be found at growthinvestorawards.com.

DISCLAIMER
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. 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 publication.

Notes to editors
Smith & Williamson is an independently owned professional and financial services group with over 1,700 people. The group is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices and mid-to-large corporates. The group has twelve offices; these are in London, Belfast, Birmingham, Bristol, Cheltenham, Dublin (City and Sandyford), Glasgow, Guildford, Jersey, Salisbury and Southampton.

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