The Malta Independent 26 April 2024, Friday
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Malta’s Best in Business Awards 2017: Celebrating the Spirit of Best Business

Tuesday, 17 October 2017, 09:17 Last update: about 8 years ago

Awards are one of the most powerful and cost-effective marketing tools and winning a prestigious Malta's Best in Business Awards will help your organisation stand out from the crowd, send a positive message to your existing customers and attract new business. Malta's Best in Business Awards are Malta's highest profile awards and winning this accolade will say a lot about the quality of your organisation and the strength of your management team. Due to its high profile, the Awards attract a wide range of entries from across all sectors, from large international PLCs and public sector organisations to dynamic and innovative SMEs or Start-ups. But the winners all have one thing in common - they are truly excellent at what they do and have proved this by winning Malta's Best in Business Awards.

 "We want to help business raise the profile of their organisation and enhance its reputation by promoting the great work you are doing while at the same time providing them with a platform to celebrate your success," said Martin Vella, organiser and managing director of MBR Publications Limited.

 

About the awards

Malta's Best in Business Awards aim to highlight and reward excellence across the private and public sectors to help businesses become even more successful. The following research findings highlight some of the benefits award winners enjoy:

  • Large award winning companies experienced a 48 per cent increase in operating income and a 37 per cent growth in sales when compared to non-award winners. Smaller award winning companies were also shown to have experienced a 63 per cent increase in operating income, and a 39 per cent growth in sales when compared to non-winners.

Source: British Quality Foundation based on experience in the USA.

 

  • A study compared the financial performance of 120 award-winning companies across Europe that met specific criteria against comparison companies of a similar size and operating in the same industries. The financial performance was tracked over 11 years. The study found that the award-winning companies showed improvements in financial performance after just a year of winning their first award.

Source: University of Leicester for the British Quality Foundation and the European Foundation for Quality Management.

 

  • Fact: All award-winning companies outperformed the comparison companies by an average of 17 per cent for sales and 36 per cent for share value. During the past year that performance was tracked, the award winning companies experienced even greater increases as compared to comparison companies with sales growing by an average of 77 per cent more and operating income by 18 per cent more.

Source: As above.

 

Malta's Best in Business Awards are marketed and administered by MBR Publications Limited, which own copyright and trade licence, and is one of Malta's leading provider and organisers of high quality business gala awards, supplemented by technical and logistics support services, and also catering for MICE, with over 15 years' experience in this sector. Publishers of Malta's leading business publications, including the Malta Business Review, The Accountant, MAINSAIL and Property & Life Magazine, the company also provides PR, advertising and media services, providing news and information to progressive organisations.

Mr Vella explained, "Chances are you will want to tell your target audiences about your success, so we have developed a range of public relations benefits for winners. Winner company/ies will receive a press release with judges'/ Organiser's comments about why they have won. These comments can also be used on their website and other marketing materials at no cost and will be published on Malta's Best in Business Awards website, which is great for link building, and is an extension of MBR Publication's own website. Malta's Best in Business Awards will also contact you to provide free help and guidance on maximising the awareness of your success. This will include how best to generate media coverage in the press, broadcast media and online as well as how to communicate your success directly to existing and potential clients, staff and other key opinion formers."

 

Testimonials

 "Winning a Best Business Award has provided us with a platform to raise our profile via the media. Since winning, we have secured press coverage in key national and regional publications regarding the great work we are doing and we have attracted students to the college who may not have otherwise heard about us. I would recommend the Best Business Awards to any dynamic organisation that wants to prove to stakeholders that it is delivering." - Keith Mallia Milanes, MAPFRE Middlesea plc

"Experience has shown that an award gives massive credence to our business, particularly when talking to new customers and vendors that have not dealt directly with us in the past. With existing partners, it reinforces the fact they have made the right choice to work with us. If I equated the benefits of winning an award to other forms of channel marketing, we would probably have to spend tens of thousands of pounds to get similar levels of impact." - Marygrace Attard, owner of Ta' Frenc Restaurant, Gozo

"If you are a young business without much marketing spend, then entering the awards can be a cost-effective way of generating positive marketing and PR, because you are thrown into the spotlight. It also offers a seal of approval. Potential customers can look at that and think 'I'm happy to do business with this company because they have that recognition." - Felix Busuttil, YADA Dance Company

 

Entry deadlines for each round are the last working day of Friday 10 November. Winners will be announced during the gala dinner organised for these awards, which will be held at the Radisson Blu Golden Sands. Winners will receive a certificate endorsed by EBA, together with a souvenir safe-keep trophy. An official souvenir programme will be issued and published for the occasion.

 

For more information please contact: Margaret Brincat on +356 9940 6743 [email protected]; Martin Vella on +356 9926 0162 [email protected]

 


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