Selection Process

SME AWARDS

logo-sme-awards120x165

 

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. If less than four candidates are presented in one category, only one Gold prize will be awarded. 

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

Provincial selection

The jury will choose the grand prize winner 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 $20 million
from $20 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
$20 million SME
$20 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%