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Nominations Sought for Family Business of the Year

Published Tuesday May 4, 2021

young son and hipster father working on computer and typewriter

The CEO & Family Enterprise Center is seeking nominations for the Family Business of the Year and Lifetime Achievement Awards.

To win Family Business of the Year, a company must demonstrate it continues to stand the test of time by overall growth in revenues, employees, and profits and that there is strong link between the business and the family that owns it. There must be clear evidence that the business looks to its family origins as a strategy in strengthening the family and maximizing the potential of its members.

The company also needs to be owned and managed by at least two generations of the family an demonstrate the family business has provided leadership, service, and/or financial support to industry associations, charitable causes and community groups. And the family must be bale ot show they have developed innovative business strategies and practices that have led to growth, longevity and appropriate re-creation.

The Lifetime Achievement award recognizes an outstanding member of the seasoned generation for his or /her commitment to the success of family businesses and contributions to the successful and harmonious transfer of the business to the next generation.

The winner will have devoted much of his or her career to the family business and has been actively involved in the ownership and management; have a strong desire and commitment to keeping the business in the family; mentored the next generation and provided access to leadership training and other mentors; worked to achieve a tranquil transfer of ownership and leadership to the next generation been involved and supported the UNH Center for Family Enterprise and its programs; willingly assisted other family-owned businesses in the transition process; and made meaningful contributions to the community and industry.

The deadline to submit nominations is June 14. Nominations can be sent to ccfb.ceo@unh.edu.For more information, visit https://paulcollege.unh.edu/center-family-enterprise/awards/criteria.

The winners will be featured in the August issue of Business NH Magazine, which spotlights the Top Family-Owned Businesses in NH. Any family business with revenue of $1 million or more can submit a surbvey ti be include don the list of the Top Family-Owned Businesses in NH. The deadline to submit a survey to be inlucded on the list is May 28. Click here to access the survey.

 

 

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