The Employee Ownership Association Investment Award
The EOA Investment Award ran in 2015 and 2016 sponsored by John Lewis Partnership – below you can see the winners for each year and we continue to follow their journeys to transition.
The Award, launched in 2015 was sponsored by the John Lewis Partnership, whose employee owners chose to allocate funds raised through their activities on UK Employee Ownership Day 2014 towards the creation of the Award.
The winning companies Dowding Precision 2015 and Konditor & Cook 2016 were picked by the judges for their compelling stories that could inspire others to become employee owned, because the award would make a significant difference to the ability of the businesses to become employee owned and through this give them the ability to make an important contribution to the competitiveness of the UK economy.
The EOA Investment Award winner 2016 – Konditor & Cook
The businesses’ compelling story with fans of their cakes including Nigella Lawson and its mission to “bring joy” to all through its luxury cakes, bespoke bakes, its cake school experiences and hot lunches, alongside its need for a succession plan that was a fit it’s values, reward the hard work of their staff and secure the future of its brand built up over many years shone through to beat the competition.
Investment Award Winner 2015 – Dowding Precision
The winner for the 2015 was Dowding Precision CNC Ltd. For their exemplary work, they received £10,000 towards the cost of professional fees incurred in building their employee ownership structure. The Award was presented by the Chairman of the John Lewis Partnership, Sir Charlie Mayfield.
Sir Charlie Mayfield, Chairman of the John Lewis Partnership said: “Dowding Precision are a fantastic example of a small, high tech, high skill, family run business, manufacturing everything from parts for Formula 1 cars to surgical instruments.
We’re delighted to support them in their transition to employee ownership. The kinds of companies most suited to employee ownership are often SMEs that are knowledge-intensive, so I’ve no doubt that Dowding Precision will be a successful employee owned business.”
Members of Dowding Precision (L) being presented their award by Sir Charlie Mayfield, Chairman of the John Lewis Partnership (R)