SME Awards

Selection Process

Regional selection

In each of the regions of Quebec established by National Bank, an independent jury will name a Gold, Silver and Bronze winner in each of the four categories for SMEs and Agribusiness SMEs.

The Export SME category will be chosen at the provincial level only.

Provincial selection

The jury will choose three provincial winners (Gold, Silver and Bronze) in each category from among the regional Gold winners in the SME and Agribusiness SME categories and among the finalists in the Export SME category.

A candidate may register in only one category.

Eligibility requirements

In order to qualify for this program, the business must meet the following criteria:

    • Be a National Bank client
    • Have its main place of business in Quebec
    • Have been in business for at least three years
    • Not have won a provincial Gold award in the same category in the last three years
    • Have reported sales corresponding to one of the following brackets:
Category Sales
SME less than $5 million
from $5 to less than $10 million
from $10 to $50 million
Agribusiness SME N/A
Export SME N/A

Selection criteria

Three main criteria will be used in selecting candidates in all categories, at both the regional and provincial levels.

  • Competence: Competence is often revealed through good financial results, the ability to meet challenges and establish clear and realistic strategic objectives. The company has well-defined human resources policies and can adapt to unexpected situations.
  • Involvement in the community: Good companies are involved in the communities that surround them and play a part in improving the quality of life in their region. They are committed to the development of the local economy and community.
  • Management quality: The best companies are the best managed ones, whether in terms of operations, human resources, planning, marketing or finance. A company's success depends on sound management that takes into account all the interrelations between the various sectors both within the company and in the business milieu.

Weighting

The various components are weighted as follows:

- $5 million
SME
$5 to
$10 million SME
$10 to
$50 million SME
Agribusiness
SME
Export
SME

Human resources management

10%
10%
10%
10%
10%
Involvement in the community

10%

10%
Marketing
10%
10%
10%
0 or 10%
10%
Vision, strategic planning, strategy
10%
10%
10%
10%
10%
Operations management
10%
10%
10%
10%
10%
Productivity
10%
Quality and environment management
10%
10%
10%
Open-ended question
10%
10%
10%
10%
10%
Financial management
40%
40%
40%
40%
40%
TOTAL
100%
100%
100%
100%
100%