Government of the Republic of Trinidad and TobagoGovernment of the Republic of Trinidad and Tobago

Government of the Republic of Trinidad and Tobago

NEDCO National Entrepreneurship Awards


Overview
Objectives
Target Market
Award Categories
Finalists
Sponsors
Dates to Note
Eligibility
Enquiries
Entry Form


OVERVIEW
 

NEDCO will proudly celebrate twenty (20) years of operations in August 2022. To mark this momentous milestone, NEDCO will launch a new annual event, the NEDCO National Entrepreneurship Awards

The global pandemic has been especially hard on our micro and small enterprises (MSEs) which are the backbone of our economy. Many, however, have been able to buffer its impact and not only survive, but thrive! As the organization mandated to support the development and growth of the MSEs, the NEDCO National Entrepreneurship Awards will shine a spotlight on these amazing and resilient entrepreneurs and provide them with the national recognition and acclaim that they deserve. The NEDCO National Entrepreneurship Awards will be held on Sunday 7th August 2022.

The theme for the inaugural 2022 event is The Essence of Entrepreneurship which applauds the outstanding feats these entrepreneurs would have accomplished to excel during these challenging economic times. These awesome entrepreneurs truly represent what Entrepreneurship is all about!



OBJECTIVES

  • To highlight our exemplary entrepreneurs as models of start-up success
  • To provide encouragement to our local micro and small enterprises (MSEs) for their successful growth and expansion, especially within these challenging economic times
  • To encourage the creation of new start-ups, including within youth, niche markets and emerging sectors
  • To plant the seed of self-employment as a career choice within our local society and encourage a culture of entrepreneurship
  • To help drive the entrepreneurial development, sustainability and competitiveness of the micro and small enterprise (MSE) sector


TARGET MARKET

The NEDCO National Entrepreneurship Awards targets the national entrepreneurship landscape to provide continuous developmental support, as well as aid in the diversification of our economy:

  • Youth entrepreneurs
  • Female business owners
  • Technology-driven start-ups
  • Innovative entrepreneurs
  • Start-ups with environmentally sustainable practices
  • Entrepreneurial niche markets, including retail, hospitality, arts and craft and agro-processing, among others
  • The local MSE sector


AWARD CATEGORIES

 



 

AWARD FINALISTS 







AWARD SPONSORS 

 



CHECK IF YOU ARE ELIGIBLE TO ENTER

  • Entrants must be a citizen or legal resident of Trinidad and Tobago
  • Entrants must be 18 years and over.
  • Entrants must have an existing business that is in operation for more than 12 months.
  • Entrants must be the business owner.
  • Entrants must have:
    • Less than or equal to five (5) employees, including the owner.
    • Annual income less than $TTD 1,000,000.
  • Company must be registered to qualify.
  • Sole traders, partnerships and limited liability companies can apply.
  • Only one (1) entry per business is allowed and must be endorsed by any other business owner(s).
  • Entrants can apply for a maximum of two (2) award categories but can only win in one (1) category.
  • The business initiatives, improvements, technology or green programmes MUST have achieved business growth via at least one of the following over the last twelve (12) months:
    • 10% increase in income or more.
    • 10% increase in clients or more.
    • Job creation via 2 or more persons.
    • 20% increase in assets (investments) or more.
    • 10% increase in environmental sustainability or more.
  • All entrants MUST submit the following documents for their entries to be considered:
    • Copy of one (1) form of national identification
    • Copy of company registration
    • Proof of company address
    • Proof of business operations over the last 12 months, including receipts, invoices, contracts.

 

ENQUIRIES

All enquiries regarding the National Entrepreneurship Awards, MUST be submitted in writing to NEDCO via email at This email address is being protected from spambots. You need JavaScript enabled to view it..


ENTRY FORM

Please click the button below to submit an entry for the NEDCO National Entrepreneurship Awards.

Entries MUST be submitted by filling out the below form. Deadline for submission is 12 midnight on July 1st 2022.

You will be asked to complete information under the following six (6) sections:

  1. Section A: Personal Information
  2. Section B: Business Information
  3. Section C: Award Selection
  4. Section D: Justification, Impact and Sustainability Factors
  5. Section E: Other
  6. Section F: Declarations

As part of this application, you should also be prepared to upload the following:

  • Copy of one (1) form of national identification
  • Copy of company registration
  • Proof of company address
  • Proof of business operations over the last twelve (12) months, which may include receipts, invoices, contracts
 


DATES TO NOTE

Award Entries Open: June 13th, 2022
Award Entries Close: July 5th, 2022

Award Ceremony: August 13th 2022, 8:00 p.m. (TTT) | August 20th 2022, 4:30 p.m. (CNC3)
Also streaming on NEDCO YouTube and Facebook

NEDCO Framework

NEDCO is a state enterprise in Trinidad and Tobago, tasked with developing the MSE sector through the provision of loans, business training & entrepreneurial support services.

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