The annual PRECIOUS Awards is the biggest event in the PRECIOUS calendar, now in its 12th year. We are passionate about recognising success in the workplace and inspiring women of colour to launch their own businesses.
Association with the PRECIOUS Awards is a powerful way to get stories of success heard, recognised and applauded. The Awards, growing in stature with each passing year, attracts an audience of the influential to the aspirational, across all sections of society from Theresa May, Nick Clegg, Baroness Amos to the thousands of dedicated and avid PRECIOUS fans, eager to celebrate inspiring women. Winners and finalists of PRECIOUS Awards stand out from the crowd; the distinction sends a resoundingly positive message to customers and attracts new business. The PRECIOUS Awards is supported by the wider business community, government and the press, and brings credibility and honour to all category nominees.
All entries are judged by a panel of top business people, thereby increasing the visibility of the nominee. PRECIOUS is proud to applaud and highlight the enterprise and innovation of women of colour, who rank among the brightest of stars contributing to contemporary UK plc.
Start-Up Business of the Year
This category recognises those women that have just started out on their entrepreneurial journey. Nominees in this category can be from any business sector and must have been in business for at least six months (trading for six months as at 1 June 2017).
The SME Business of the Year
This category is open to any business formed or operated by a woman of colour. The business needs to be able to show at least one-year’s set of accounts and should have a turnover not exceeding £5m per annum. Judges will look for evidence of a well-managed business, a pattern of increase in turnover, and a clear brand identity.
The Social Enterprise of the Year Award
This award is open to any social enterprise operated or owned by a woman of colour. Judges will look at the impact the business is having on the local or wider community and consider the cause that the enterprise is supporting. Applications in this category should be supported by evidence of the benefit that the enterprise has achieved for its target market.
The Leadership Award
This award will go to a woman of colour who has a leadership role within the workplace. Nominees will have experience of leading a team of people, a department, function or management, where autonomous decisions are made and where responsibility lies. Judges will look for examples of strong leadership; a personable approach to those affected by the decisions of the leader, and will consider the views of colleagues of the leader in terms of inspiration, leadership style and outcomes.
The Outstanding Woman in Science, Technology, Engineering and Maths
The award is open to women of colour working in Science, Technology, Engineering and Maths (STEM). Applications are welcomed from individuals from these disciplines who have a clearly defined career path, and who, by endeavouring to be exceptional, have achieved outstanding success in their career to date.
The Creative Business of the Year
This award is for a creative business owned by a woman of colour and based in the creative sector (PR, design, TV, music advertising or marketing.) The business must have been trading for at least 18 months.Entrants must also demonstrate a considered approach to financial achievement and future business success.
The Outstanding Woman in the Public Sector
The award is open to any woman of colour working in the public sector. Applications are welcome from individuals from all careers within the public sector, including but not limited to housing, healthcare, local authorities, services, education. Judges will look for women who have a clearly defined career path and who, by exceptional effort, have achieved outstanding success in their career to date.
The Outstanding Woman in Banking and Finance
This award celebrates top talent in the banking and finance industry. The award will go to a woman of colour who has demonstrated leadership, innovative thinking or community service in this sector. Nominations are welcome from the following: accountancy and finance sectors – this covers employees in: audit, tax and accountancy businesses; sectors that perform financial functions in relevant departments (such as treasury) of other businesses or not-for-profits; banking and building societies; financial planning; insurance, investments and pensions.
The Young Entrepreneur of the Year
Open to entrepreneurs aged 29 and under. Judges will consider the journey undertaken by the entrepreneur from concept to reality, the barriers that were overcome, the determination and passion behind the business, and the results. Judges will also consider the business model, the product/service and the aspirations of the business.
The Outstanding Woman in Professional Services
The award is open to women working in the professional services sector. Applications are welcomed from individuals from all areas of this sector in particular those that have a clearly defined career path and who through their exceptional endeavour, have achieved outstanding success in their career to date.