The Rules

The Business Boost Competition Terms and Conditions

ELIGIBILITY CRITERIA

1)    ALL ENTRANTS

i) The Business must be based in the Borough of Newcastle-under-Lyme, i.e. paying business rates or council tax to Newcastle-under-Lyme Borough Council. See map for details of eligible areas but postcodes beginning ST5, ST7, CW3, TF9 are eligible. The organisers reserve the right to request evidence of location in the form of a utility bill or similar. [NB: Different location criteria apply for BID FutureBoost category – see 4a) for details.] Click here to view a map of the borough.

ii) The Business must be less than 250 full time equivalent (FTE) employees. The organisers reserve the right to request proof of the number of employees.

iii) The Business must not be a subsidiary of a larger business but franchise businesses may apply.

iv) The Business may have been trading for any length of time but must be trading on/by the closing date for initial applications (22 Sept 2019). [NB: Different length of trading criteria applies for the FLYING SOLO category – see 5iii) for details.]

v) All types of Businesses are eligible for entry with the exception of those involved in any form of illegal, unlawful or immoral activity.

vi) Previous Business Boost entrants may apply, subject to eligibility criteria, but previous winners can only apply for a different category to the one in which they won..

2) Entrepreneurial Spirit Category

i) Criteria 1i) to 1vi) for All Entrants must be satisfied.

3) Going for Growth Category

i) Criteria 1i) to 1vi) for All Entrants must be satisfied.

4) BID FutureBoost Category

i) To enter this category, businesses must be based within the boundary of the Newcastle-under-Lyme Business Improvement District. See BID map for eligible areas (note: this category is open to all businesses in the BID area who meet the other criteria below).

ii) Criteria 1ii) to 1vi) for All Entrants must also be satisfied (see i) above).

5) Flying Solo Category

i) Criteria 1i), 1iii) and 1v) for All Entrants must be satisfied.

ii) The Business must involve 1-3 full time equivalent (FTE) employees. This number must include yourself. The organisers reserve the right to request proof of the number of employees.

iii) The Business must be trading on/by the closing date for initial applications (22 Sept 2019) and must have been trading for a maximum of three years or less by that date (i.e. started on or after 22 Sept 2016).

6)    Competition Terms & Conditions

i)  The competition is divided into four categories: Entrepreneurial spirit Award; Going for Growth Award; BID FutureBoost Award; Flying Solo Award. Provided you meet the eligibility criteria, applicants may enter one, two, three or all categories but must indicate a preferred choice against which they wish to be assessed. However, the judges reserve the right to select the category against which the business will be assessed.

NB: Entrants can only win one of the cash prizes available.

ii) Applicants must fully complete and submit the on-line application form by midnight on Sunday 22nd September 2019 to enter the first stage of the Competition.

iii) Businesses selected for the second stage are required to submit a Business Plan. Further details will be supplied and a template will be made available upon request. Submission by midnight on Sunday 20th October 2019.

iv) Applicants reaching the third and final stage will be required to give a short presentation to a Panel of Judges followed by a Question and Answer Session on the morning of Tuesday 5th November 2019.

v) Applicants reaching the third and final stage will be required to make themselves available for the filming of a video sequence to be used at the awards evening. Date to be confirmed but will be in the period 21st October to 4th November 2019. Copies of the video sequence will be available for all finalists.

vi) Winners will be announced at the Awards Ceremony on the evening of Thursday 7th November 2019. All finalists are required to attend.

vii)  Cash prizes can only be paid into business accounts (not personal accounts) by BACS transfer. Account details must be supplied within 28 days of the award ceremony otherwise the prize will not be awarded.

viii) Decisions made at any stage of the Competition are at the absolute discretion of the Judges and no correspondence will be entered into by either the Organisers or the Judging Panels.

ix) Information provided by Applicants is treated in absolute confidence. Judges are required to sign Confidentiality Agreements (copies made available on request), and abide by the GDPR 2018.

x) Marketing and PR is important to promoting the Competition, its Awards and participating businesses. Businesses reaching the final stage will be asked if they will consent to their name being used for promotional purposes.

xi) One of the many benefits of the competition is the additional support offered by agencies delivering business support processes. Businesses reaching the final stage will be asked if they will consent to their name being passed to selected agencies for the sole purpose of assisting the growth of their business.

xii) We reserve the right to change the timescales, programme or the venues at short notice, in response to unforeseen circumstances. Applicants will be informed of any changes.

 

Timescales

First stage: Application closing date: midnight Sun 22nd Sept 2019.

Second stage: Business Plan submission date: midnight, Sun 20th Oct 2019.

Final stage: Presentation to judges and Awards Ceremony: Tues 5th Nov 2019.

Awards evening: Thurs 7th Nov 2019.