Judges prepare to name LBA award winners

THE date has been set for judging the final eight contenders in the Journal’s Local Business Accelerator Awards.

It is an impressive line-up of growing businesses across the region and the three judges will have the difficult task of choosing just one winner each, who they will then go on to mentor for the following three months.

Bill Browne, editor and publisher of Salisbury Newspapers, said: “January 24 is the big day and each of the businesses will have just 20 minutes to make their case for what could be some invaluable assistance.”

As well as the mentoring, each of the businesses will receive an advertising package in Salisbury Newspapers’ publications and online worth £2,000.

The LBA Awards is a national competition and some of the regional winners will go forward to a final that could see them win TV Dragon Deborah Meaden as their mentor.

To coincide with this latest stage the LBA organisers have issued fresh advice on managing finances in these tough economic times.

They say: “Over two-thirds of small business owners agree that information, help or guidance with finance would be beneficial to their business.

But nearly three-quarters of young business owners believe there isn’t enough information available on the subject.

“The best way to ensure you get the right type of funding is to be fully informed of the different types of finance available and how they relate to your business before making any major decisions.

“Business in You, a partnership between the Government, the private sector and supporters of this year’s Local Business Accelerators campaign, is making it easier for businesses to access information on finance.

“Through its Find Finance section, Business in You can help businesses to plan, prepare, and apply for the funding they need to grow, including an interactive Business Support and Finance Finder to help assess the best type of funding for each business’ needs.”

For more information visit businessinyou.bis.gov.uk.

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