Entries for the EOA Investment Award now open
As some of you will already be aware, we announced the launch of the second EOA Investment Award at this year’ annual Summer Dinner.
Kindly sponsored by the John Lewis Partnership, the £10,000 award offers valuable financial support to a business looking to adopt the employee ownership model – be it as a start-up enterprise or by restructuring an existing business.
For last year’s winner, Dowding Precision, the Investment Award’s value stretched far beyond its financial benefits, as Mary Antcliff, Company Secretary, explains:
“Dowding Precision has long been committed to the idea of employee ownership as a viable exit strategy and a way of leaving the business as it was created – with a culture focused on taking care of our team and driving growth of the business.
“Practically, the monetary value associated with the Investment Award has enabled us to ensure a smooth transition to employee owned status, with the correct finances in place to fund the move. However, certainly the most valuable aspect of winning the award has been the status and legitimacy it has added to our venture.”
Judged by an independent panel of employee owners, entries should tell a compelling story which highlights how the award would enable the business to realise its EO ambitions and how, in doing so, this will impact positively on the wider UK economy.
This is a fantastic opportunity for like-minded organisations to join and help grow our sector, so please do spread the message through your networks.
Businesses who wish to enter for the EOA Investment Award should visit employeeownership.co.uk/events/employee-ownership-association-investment-award/
The winner of the 2016 award will be announced at the EOA conference on 22nd November.