The award is intended to celebrate new businesses in the composites supply chain.
The award is intended to celebrate new businesses in the composites supply chain.

Composites UK has added an award for Start-Up Business of the Year to be presented at the Industry Awards dinner on 30 October in, Birmingham, UK.

The award is intended to celebrate new businesses in the composites supply chain that help drive the industry forward. To qualify the company must be less than two years old.

According to Composites UK, companies entering the award must demonstrate evidence in its market research, including size, customer profile and competitor analysis; a clear, innovative business idea backed by a sound business and marketing plan; on-target business and financial performance to date; and an overview of how the business launched and why it is filling a gap in the market.

‘We felt it was important to launch this new award to recognize the new companies making strides in our supply chain,’ said Claire Whysall, communications manager at Composites UK. ‘We are regularly contacted by start-ups looking for advice or assistance through our business support services and we wanted to give something back to them in recognition of their braveness in starting a new venture.’

The deadline for entries is 5 pm on 7 August 2019.

This story uses material from Composites UK, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.