LEXINGTON, Ky., (Feb. 17, 2017) — Kentucky Small Business Development Center (KSBDC) is seeking nominations for the 2017 Pacesetter Awards. The recognition program was created to honor high performing, second-stage businesses that are changing Kentucky’s economic landscape. The deadline to submit nominations is March 15.
KSBDC encourages small businesses that meet the following minimum qualifications to apply:
- Privately held
- In business for three or more years
- Employ six or more full-time employees, including the owner
- Annual sales meet or exceed $500,000
- Located and headquartered in Kentucky
- Demonstrate the intent and capacity to grow evidenced by the judging criteria
Pacesetters will be selected based on two or more of the following criteria:
- Growth in the number of employees
- Increase in sales and/or unit volume
- Innovativeness of the product or service
- Response to adversity
- Employee engagement and commitment
- Contributions by the nominee to aid community-oriented projects
Pacesetters will be recognized at the Kentucky Celebrates Small Business event held at the Capitol rotunda in Frankfort during the first week of May. Each honoree will receive an award inscribed with the business’s name and a promotional video for their own use that highlights the business. In addition, KSBDC will send a customized press release announcing the award to local media and trade associations. Honorees are given the rights to use the Kentucky Pacesetter logo and event photographs in promoting their business.
Anyone may submit nominations, including third parties associated with an eligible second-stage business. A business may self-nominate by completing the required form. Winners will be notified by March 27. Full nomination requirements and the application are online at www.ksbdc.org/kentucky-pacesetters1.
The Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment, is a network of 12 offices located throughout the state. The center helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. KSBDC is a partner program with the U.S. Small Business Administration. More information on KSBDC services can be found on their website, www.ksbdc.org/.
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