Wales’ most exciting new businesses have been shortlisted as part of a national awards programme designed to showcase the region’s up-and-coming enterprises.
The StartUp Awards National Series recognises the booming startup scene across the UK which has accelerated following the economic recovery after the Covid pandemic. Since 2021, over 800,000 new businesses have been founded in the UK, a 4.3% increase from the year before, creating jobs and prosperity across many sectors of the economy.
The National StartUp Awards was created in collaboration with the team behind the Great British Entrepreneur Awards, one of the most successful awards programmes in the UK. The StartUp Awards are running for the second year after launching in 2022.
A record number of businesses applied to this year’s StartUp Awards, with 1,100 firms shortlisted across ten UK nations and regions. The contribution of these firms – all of which were started in the last three years – is significant, having created over 5,000 new jobs since they were established and generating annual sales of £584 million.
Supported nationally by a range of organisations including Starling Bank, British Business Bank, BT, Creative Ideaz, GS1 UK, Jeeves, Join Talent, ScoreApp and The Purposeful Project, the awards will celebrate the achievements of those amazing individuals who have turned an idea into an opportunity and taken the risk to launch a new product or service.
Professor Dylan Jones-Evans OBE, the creator of the StartUp Awards National Series, said:
“Start-up businesses are the lifeblood of any economy, being responsible for new jobs, innovation and in supporting communities in every nation and region across the UK. From social enterprises making a difference in their local communities to innovative firms developing leading-edge technologies, all of the finalists this year represent the best of those group of entrepreneurs who have spotted an opportunity and through their sheer hard work, talent and perseverance, have created an amazing new business that is creating real impact in its sector.”
The cohort of finalists will be considered for the regional awards by a panel of experienced judges from the entrepreneurial community. The winners of each category, including the Wales Startup of the Year, will be announced at the awards that will take place on Thursday 22nd June at Depot in Cardiff.
The full shortlist for the Wales StartUp Awards 2023 can be found online at nationalstartupawards.com.