2017 Small Business Administration Awards Nominations



2017 Small Business Administration Awards Nominations

SBA’s Michigan District Office is now accepting nominations for its 2017 Small Business Awards. Winners will be honored at the Michigan Celebrates Small Business event on May 4, 2017. The Michigan Small Business Person of the Year and the Michigan Exporter of the Year will be in contention for national awards.

This year, we are looking for businesses that have received some assistance from SBA or an SBA funded resource partner or program such as: (SCORE, SBDC, Women Business Center, 8(a), Veteran Business Center, Emerging Leaders,  SBA Micro Lender, USEAC,  or SBA loan recipients.

To nominate a business, submit a preliminary one page nomination letter, following Steps A and B, and briefly address the criteria for each award. Your nomination will be reviewed for eligibility and you will be notified if the nomination merits further consideration in the form of a complete nomination package. Preliminary nomination letters that do not address A, B and C will be disqualified.

  • A – Individuals who have received one type of SBA assistance such as, but not limited to an SBA loan, SCORE counseling, Small Business Development Center (SBDC) assistance, and Women’s Business Center (WBC) assistance, government contracting assistance, disaster assistance, Emerging Leaders Initiative, or Boots to Business training
  • B – Indicate the company’s size to ensure that it meets SBA Size Standards. Click here for more information on SBA size standards.
  • C – Include the following information in the one page nomination letter that contains the following required information no later than December 15, 2016.
    • Number of employees in the company.
    • Annual sales in 2013, 2014, and 2015.
    • North American Industrial Classification code: Click here to find your NAIC code.
    • A brief paragraph that addresses some of the criteria for the award.

The following criteria should be your guide for the one page nomination, and the subsequent nomination packages. If you have questions, please call June Foyt at 313.324.3608 or e-mail [email protected].

Small Business Person of the Year

For developing an outstanding, growing business; innovative product(s), increasing jobs, increasing sales, overcoming adversity, and community contributions. Criteria include:

  • Staying power – a substantiated history as an established business
  • Growth in number of employees
  • Increase in sales and/or unit volume
  • Financial summary of the current and last 3 years (Number of employees, Total Sales, Net Profit (before tax), Total Assets, Total Liabilities and Net Worth)
  • Innovativeness of product or service
  • Response to adversity
  • Contributions to aid community-oriented projects

Small Business Exporter of the Year

Significantly increased export sales and profits, encouraging other firms to export, increased jobs through exports, and innovative methods of creating markets. Criteria include:

  • Increased sales, profits and/or growth of employment because of exporting
  • Financial summary of the current and last 3 years (Number of employees, Total Sales, Net Profit (before tax), Total Assets, Total Liabilities and Net Worth)
  • Creative overseas marketing strategies, with description of products & markets served
  • Effective solutions to export-related problems
  • Encouraged other small businesses to export
  • Introduction of unique trading companies
  • Volunteer assistance to other small businesses entering the export market

Veteran Owned Small Business

A business owned by a member of the military community including Veterans, Service-disabled veterans, Active-Duty Service Members eligible for the military’s Transition Assistance Program, reservists and National Guard members. Criteria include:

  • Financial Summary of the current and last 3 years (Number of employees, Total Sales, Net Profit (before tax), Total Assets, Total Liabilities and Net Worth)
  • Increased employment opportunities for members of the military community
  • Demonstrated potential necessary for long-term business success and economic growth
  • Voluntary efforts to strengthen veteran owned businesses within the community

Supporting Sponsor

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