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2025 Business Awards Criteria

RULES AND ELIGIBILITY FOR NOMINATIONS

  1. Any business located within Grenada, Carriacou and Petite Martinique is eligible to enter.
  2. Entrants must be of good name and character and must not have engaged, directly or indirectly, in any conduct which, in the opinion of the GCIC Business Awards Committee, might discredit the Awards process
  3. Nominators may nominate a company in a maximum of two categories
  4. Businesses may nominate themselves
  5. There is no limitation on the number of different companies a business can nominate for awards, as long as each entry is individually presented.
  6. Nominations commence Thursday, 25th September 2025, and last entries must be received by Sunday, 16th November 2025.
  7. All finalists must agree to purchase their ticket to attend the Awards presentation on Saturday, 6th December 2025.
  8. All finalists must agree to make themselves available for any evaluation interviews required for the judging process.
  9. The judges’ decision is final.
  10. Winners will be announced at the awards ceremony on Saturday, 6th December 2025
  11. Award winners and nominees are welcome to use, for advertising and promotional purposes, the fact that they have been nominated or are the winners of a stated award in a stated year. This may also be incorporated on their corporate stationery, websites and email signatures should they so choose.


2025 Business Awards Criteria

1. EXCELLENCE IN AGRICULTURE

  1. Sustainability and Environmental Practices (Adoption of eco-friendly methods (e.g., organic farming, water conservation), Practices that promote soil cultivation & soil health, biodiversity, and climate resilience)
  2. Market Reach and Impact (local/export sales)
  3. Use of Technology (irrigation systems, smart farming)
  4. Community Impact (employment, support for schools & institutions)
  5. Environmental Impact (carbon reduction, clean energy promotion)
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2. EXCELLENCE IN ICT (INFORMATION AND COMMUNICATION TECHNOLOGY)

  1. Innovation in Product or Service (new tech or unique applications)
  2. Scalability (potential to grow or replicate)
  3. Impact on Society or Business (problem-solving value, efficiency gains)
  4. Cybersecurity and Data Protection Practices
  5. Revenue Growth and User Base 
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3. CREATIVE VANGUARD AWARD

  1. Originality and Creativity (unique approach or style)
  2. Cultural Impact (promotion of local heritage, identity)
  3. Commercial Success (revenue, distribution channels, partnerships)
  4. Audience Engagement (reach, social media presence, fan base)
  5. Contribution to Industry Growth (collaborations, mentorships)
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4. TRAILBLAZER WOMAN IN BUSINESS AWARD

  1. Leadership and Empowerment (active leadership role of women)
  2. Business Growth and Resilience
  3. Contribution to Gender Equality (hiring/supporting women)
  4. Innovation or Differentiation
  5. Community or Social Impact
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5. EXCELLENCE IN MARINE CONSERVATION

  1. Environmental Stewardship (ocean health, biodiversity protection)
  2. Innovative Conservation Methods (use of tech, community engagement)
  3. Sustainability and Impact
  4. Collaboration and Partnerships (with NGOs, gov’t, and communities)
  5. Awareness (how do you create awareness)
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6. EXCELLENCE IN TOURISM & HOSPITALITY

  1. Sustainable Tourism Practices
  2. Unique Visitor Experience (cultural immersion, authenticity)
  3. Business Growth and % of Repeat Visitors
  4. Community Involvement and Benefit
  5. Marketing and Branding Innovation
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7. EXCELLENCE IN AGRI-BUSINESS

  1. Value Addition and Product Development
    • Innovation in transforming raw agricultural products into market-ready goods
    • Development of unique, high-quality, or diversified agri-based products and services
  2. Market Reach and Business Growth
    • Demonstrated expansion in local, regional, or international markets
    • Strong business performance (sales growth, customer base, partnerships)
    • Supply Chain and Farmer Integration
    • Positive impact on smallholder farmers through sourcing,

      3. Supply Chain and Farmer Integration

    • Positive impact on smallholder farmers through sourcing,

      4. Use of Technology and Operational Efficiency

    • Adoption of automation
    • Improvements in productivity, quality control, or traceability

      5. Sustainability and Social Impact

    • Environmentally responsible operations (waste reduction, energy efficiency, packaging innovation)
    • Social initiatives such as employment creation or community development
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8. PEOPLE’S CHOICE

  1. Popularity and Community Engagement (corporate social responsibility)
  2. Customer Service (Customer Testimonials or Endorsements)
  3. Service Delivery Excellence (timeliness, friendliness, accuracy)
  4. Complaint Handling and Resolution
  5. Employee Training and Service Culturec
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9. SME SUSTAINABLE VISIONARY AWARD

Category: Overall Business Resilience & Sustainability

Eligibility:

  • Registered MSMEs operating for a minimum of two (2) years.
  • Must be locally owned and operating within the State of Grenada.
  • Employ fewer than 10 people or have revenue of under EC$300,000

 

Evaluation Criteria:

  1. Business Performance
    • Growth in revenue, profit, or market share over the last two years.
  2. Innovation and Adaptability
    • Introduction of new products/services, technologies, or processes.
    • Use of digital tools or e-commerce to expand operations
  3. Social and Environmental Impact
    • Implementation of environmentally friendly practices.
  4. Business Continuity and Risk Management Plan
    • A written and up-to-date Business Continuity Plan (BCP) that addresses:
      • Operational resilience and recovery strategies (e.g., for natural disasters, economic shocks, cyber threats).
      • Identification of key risks and contingency measures.
      • Backup of critical systems, supply chain risk mitigation, and communication protocols.
      • Training or simulations conducted with staff.
    • Evidence of how the plan was applied or tested (e.g., during any recent disruptions).
  5. Sustainability and Long-Term Vision
    • Clear strategic goals for the next 3–5 years.
    • Market diversification or planned scalability.
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10. SME AWARD FOR EXCELLENCE IN EDUCATION & SKILLS TRAINING

Purpose:
To recognize an outstanding SME that has demonstrated exceptional performance in delivering education and skills training services that are accessible, relevant, and impactful.

Eligibility:
Registered MSMEs operating in the education or skills training sector for at least 2 years.

Award Criteria:

  1. Quality of Programs
    • Demonstrated delivery of high-quality, up-to-date, and relevant training or educational content.
    • Use of certified instructors or trainers and evidence of curriculum development.
    • Alignment with national human capital development goals.
  2. Innovation in Delivery
    • Adoption of innovative teaching methods or technologies (e.g., online platforms, blended learning).
    • Customization of training to meet market demand or cater to underserved communities.
  3. Impact and Outcomes
    • Measurable improvement in learner outcomes (employment, certification, advancement).
    • Number of individuals trained and placement rate, where applicable.
  4. Accessibility and Inclusion
    • Programs designed to include youth, women, persons with disabilities, and other vulnerable groups.
    • Affordability and accessibility of training options.

      5. Business Sustainability

    • Evidence of financial health, business continuity planning, and a clear strategy for long-term sustainability.
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11.  SME AWARD FOR EXCELLENCE IN MEDICAL SERVICES

Purpose:
To recognize a medical service SME that has demonstrated high standards of care, innovation, and impact in improving access to healthcare services.

Eligibility:
Registered MSMEs offering clinical, diagnostic, or wellness services for at least 2 years.

Award Criteria:

  1. Quality of Care
    • Demonstrated adherence to professional standards and ethical practices.
    • Use of qualified staff and regular professional development.
    • Implementation of patient safety protocols and hygiene standards.
  2. Service Accessibility and Reach
    • Services offered to underserved or rural populations.
    • Flexible delivery models (e.g., mobile clinics).
  3. Innovation in Healthcare Delivery
    • Introduction of new treatments, technologies, or service models.
    • Integration of digital health tools, patient tracking, or electronic medical records.
  4. Community Impact
    • Evidence of public health education, outreach programs, or community engagement.
    • Partnerships with schools, NGOs, or government for health initiatives.

      5. Sustainability and Business Performance

    • Strong business model, financial viability, and long-term growth plan.
    • Preparedness and continuity planning (especially post-pandemic resilience).
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