UK's First 'No Win No Fee' Awards Entry Service Launched

A unique NO WIN NO FEE awards entry service has been launched for organisations wanting to enter business awards that Awards Intelligence recommends for them as having a high probability of success.

Many organisations feel they are doing great work and would love an expert to draft award entries for them but they don't think they stand a realistic chance of winning, according to research undertaken by Awards Intelligence. The findings show that although organisations are happy to pay a fee to have their entries professionally drafted and the process managed for them, they are reluctant to do so unless they know they will definitely win.

In the past there has been no real solution to this issue. We all want to have our cake and eat it. We only want to pay to enter competitions if we know we will win. But this has not been possible and has been considered unrealistic.

Now many top private, public and third sector organisations really can have their cake and eat it!

There are no catches. Awards Intelligence selects high profile awards that they believe an organisation has a great chance of winning based on their strengths. Awards Intelligence will then handle the entry process for them, including the drafting of the entry by their expert awards consultants. Organisations simply agree to pay a pre-agreed fee only once confirmation has been received that the award has been won. This service is available to organisations based anywhere in the world.

Mark Llewellyn-Slade, Managing Director, Awards Intelligence commented:  "The No Win No Fee award entry service shifts the balance of risk away from our clients and puts it firmly on our shoulders. That's great for our clients and also suits us as we are willing and able to put our money where our mouth is."

How can Awards Intelligence making such a big commitment to an organisation for no guaranteed financial return?

Mark Llewellyn-Slade provided the answer: "Because we are the best at what we do and have done our homework. We have carefully analysed our success rates over the last couple of years and have identified some key trends. In summary, this means that we know which type of organisations tend to win which awards and what key traits these winning organisations have. This, coupled with our unrivalled ability to produce outstanding entries, means that we can take a very calculated risk."

Mark Llewellyn-Slade concluded: "Organisations realise that winning business awards will raise their profile, enhance their reputation, help them to attract more business and ultimately help them to become more profitable. However, until now many have held back from entering because of the time and resource needed to draft the entries and the uncertainty over whether they will win. The No Win No Fee service addresses both these issues as we will professionally manage the entry process but only charge a fee if the organisation wins."

Please call Awards Intelligence on 01444 242792 to discuss your specific award requirements or visit: www.awardsintelligence.co.uk for further information about Awards Intelligence and its full range of award entry services.

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Notes to Editors

The Financial Benefits of Winning Awards

Here are some compelling facts and figures relating to the British Quality Foundation's UK Excellence Awards and European Foundation for Quality Management's Excellence Awards:
o Large award winning companies enjoyed a 48% increase in operating income and a 37% growth in sales when compared to non-award winners. Smaller award winning companies were also shown to have experienced a 63% increase in operating income, and a 39% growth in sales when compared to non-winners. Source: British Quality Foundation based on experience in the USA.
o 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.
o Three years after receiving an award, the 120 award winning companies outperformed the comparison companies by an average of 17% for sales and 36% for share value. During the final 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% more and operating income by 18% more. Source: As above.
For further information please contact:

Mark Llewellyn-Slade, Awards Intelligence - 01444 242792 alyson@awardsintelligence.co.uk

Photo caption: Mark Llewellyn-Slade, Managing Director, Awards Intelligence