August 4th, 2009 by Bruce

A company’s success is not only measured in terms of its monetary value but also by its standing in the industry, and business awards are a way of acknowledgment of this success. Companies, which emerge as winners in theses awards, are those that excel in multiple areas of their business and do not indulge in any kind of corrupt practices.

If your company meets these parameters and is located in the European Union, then you can apply for these highly acclaimed European Business Awards, which are one of the most recognized in the world. Be sure to go to business excellence awards to learn about the benefits this sort of promotion can bring to your company.

European Business Awards, which is a self-sustaining venture, was started by Adrian Tripp in 2007. Tripp is also a founding member of the UK National Business Awards. World-renowned companies like Atradius, RSM, and Infosys are the major sponsors, and Wall Street Journal officially provides coverage for the event. The goal of European Business Awards is to encourage merit, good business practices, and creativity among businesses in the European Union.

Winners in ten competition categories are rewarded as part of these business awards, but only those businesses, which are based in the European Union, can participate. Participants are given six months to fill in their entries and the nominations begin in the month of May. The finalists in the event are called Ruban d Honneur winners who receive a medal and a certificate. The eventual winners in all ten categories get the much sought after European Business Awards trophies.

Rome hosted the last edition of these prestigious business awards. This year all the Ruban d Honneur winners had registered a healthy rise in their profits of more than 50% despite the economic recession, which has taken a toll on most European companies, noted the impressed panel of judges.

Choosing the right time for entering these business awards is very important for success, as the winners of this year’s competition showed. Make an entry only in a year when your company has recorded impressive financial figures, which are much better than the rest of the industry.

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