Innovation 50 begins search for top Essex firms

Published: 5 May 2016 at 16:29

Partners from Essex County Council and Anglia Ruskin at the Innovation 50 launch

Essex Innovation Programme and Anglia Ruskin team up to promote and support SMEs

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Innovation 50, a partnership between Essex County Council’s Essex Innovation Programme and Anglia Ruskin University to identify the fastest growing and most innovative small to medium sized businesses (SMEs) in the county, was officially launched in Chelmsford last night.

The project is being run by academics at Anglia Ruskin’s Lord Ashcroft International Business School, and companies have until 15 June to sign up to the scheme.

In addition to recognising and promoting the achievements of the top 50 SMEs in Essex, businesses will also receive additional support to help them continue to grow. 

Cllr David Finch, Leader of Essex County Council, said: 

“It was great to see such a vast array of businesses attending the official launch of the Innovation 50 programme. 

“Essex has some fantastic small businesses which are vital to the county’s economic growth and the programme will support them to grow and innovate.  It’s initiatives like this that show that Essex Means Business.”

Dr Sandra Selmanovic, Deputy Head of Economics and International Business at Anglia Ruskin, said: 

“Innovation 50 will examine the factors behind a company’s success and also identify where additional support could enable them to grow even faster.

“All we need from businesses is their enthusiasm and some of their time to help our researchers get to know their company.  So get in touch and tell us why you are special!”

Benefits from taking part in Innovation 50 include:

  • Companies will be able to display the Innovation 50 symbol as a mark of their achievements
  • Free support and guidance from ECC’s Essex Innovation Programme and academic expertise provided by Anglia Ruskin’s Lord Ashcroft International Business School
  • Access to mentoring, and guidance in forging contacts abroad, innovation and other growth strategies
  • The opportunity to network and extend contacts within the business community through various events

The organisers of Innovation 50 are looking for SMEs to provide details of their growth in turnover, staffing and market share over the last three years (or a shorter period if they have been operating for less than three years), although they are happy to hear from SMEs that can evidence growth in another form.  To take part, businesses should register here.