Scandinavian Business Awards (2024)

EU Business News is excited to announce that the Scandinavian Business Awards are returning for a fifth consecutive year in 2024! This programme has gone from strength to strength since its inception in 2019, evolving into one of the most popular awa

Entries opened: Monday 4th March 2024 Entries closed: Friday 19th April 2024 Winners announced: August 2024

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Everything you need to know about the award Scandinavian Business Awards

About Methodology Frequently Asked Questions View Winners

About

Thanks to their world-leading welfare system, open business market, and highly educated and skilled workforce, Scandinavia is now considered to be one of the best places globally to do business. While Denmark, Norway, and Sweden do share many similarities in business and culture, they also form a very diverse region with impressive economic strength and many top performing industry sectors.

Sweden is a major exporter of forest products, and it’s capital Stockholm is home to a thriving startup environment. Denmark is a leading producer of telecommunications technology, while Norway enjoys rich natural resources and ongoing investments into its infrastructure and transport sectors. The whole of Scandinavia also has a keen interest in improving their standing in the global Healthcare industry. Denmark, Norway, and Sweden have some of the best health systems in the world, which is driving advancements in MedTech, Life Sciences, and Digital Health markets.

Scandinavian countries have a combined total of twenty million consumers whose spending power is much higher on average than across the rest of Europe. In addition to this disposable income, Scandinavian consumers are also renowned for their rapid adoption of new products and technologies in comparison to other demographics. This has been a key factor in influencing Scandinavia’s reputation as a central hub for innovation and digital transformation. In a recent study of 137 new products, the time-to-take-off period was fifty percent shorter in Scandinavian countries, with Denmark being reported as the fastest adopter overall. This shows how lucrative expanding into the Danish, Norwegian, and Swedish markets can be for businesses.

Here at EU Business News, we want to highlight this appetite for entrepreneurship that has been sweeping Denmark, Norway, and Sweden, and recognise the industry gamechangers who are driving innovation and growth across the Scandinavian markets. The team at EU Business News will work diligently over the next few months to make the Scandinavian Business Awards 2024 the preeminent guide to the best businesses Scandinavia has to offer. Our experienced in-house research and judging team base their winners’ selection on unbiased criteria such as company performance, client reviews/recommendations, product launches, and social media presence. This approach ensures that every recipient is chosen based on merit and is fully deserving of the award.

Taking part in the Scandinavian Business Awards 2024 has many benefits, as receiving an award not only boosts staff morale, but can also assist in attracting new customers and sets businesses apart from their competitors. All of our winners are entitled to a free-of-charge marketing toolkit, as we continue our commitment to not being pay-to-play. For those winners looking to take advantage of the promotional benefits of appearing in the Scandinavian Business Awards, we also offer additional commercial package options to maximise recipients’ exposure across the EU Business News platform and beyond.

If the Scandinavian Business Awards 2024 are something you would like to be involved in, please complete your nomination by clicking ‘Vote Now’ and following the instructions provided. We look forward to revealing the winners soon!

How It's Done

All nominees are researched

The EU Business News team work hard in identifying great businesses, driving many of the nominations themselves. We also encourage external nominations from the subscribers of the magazine, online visitors, social media followers, clients and wider circulation. Nominating parties are invited to put forward either their own business or third-party companies whom they hold in high regard.

Creating the shortlist

All nominees are formally requested to accept their nomination. Should any firm or individual decline at this point, they are simply taken out of the running. Those who formally accept are given the opportunity to submit additional supporting information to cement their nomination. Although there is no obligation to complete and supply material, we have found that many nominees value this stage, in the process, as much as our research team do.

Evaluating the shortlisted nominees

Our dedicated research team will assess all information presented to them. The team gather information independently from a variety of publicly accessible sources, which are assessed alongside any material supplied by a nominating party or the nominee themselves. The research team casts their final judgment, based on various criteria such as: business performance, longevity, business growth (either sustained or rapid), any significant innovations or feedback from stakeholders.

How winners are determined

Once winners are selected, they are personally notified before any public announcement is made, allowing time for any communications throughout the wider business and the coordination of marketing strategies. Unfortunately, not everyone can be a winner; however, all who take part are encouraged to come back next year. Once the press embargo is lifted, details of our award winners will be made public via the website, award winners’ magazine and subscriber newsletter.

Sharing the exciting news

We are prepared to offer a range of promotional packages and items to winners of a EU Business News award, which vary from inclusion in the free-of-charge winners’ directory, to trophies, content in our magazine and on our website.

We encourage all winners to publicly announce their win independently in order to gain maximum exposure for their win. Announcements via company websites, social media, via publicly released press releases, and through local and national press are all great ways of maximising the exposure which can be gained from such a great achievement. If you have need of further advice, on how to publicise your win, please feel free to get in touch. We are happy to assist our clients with their needs.

Frequently Asked Questions

How long has EU Business News been in circulation for?

EU Business News launched in 2016, during this time it has built up a fantastic reputation for itself. Our magazine aims to provide an absorbing overview of this exciting region and the businesses and individuals operating within the EU. Our readership of industry and business professionals have been drawn to the publication for its reporting on things such as the unique business innovators who strive to change the sector in this exciting region. EU Business News is one of the many publications by AI Global Media, a UK based publisher which has published several hundred publications since the business launched in 2010.

Where did the nomination come from?

We as publishers frequently nominate candidates ourselves. In terms of the votes received in the interest of maintaining high response rates, we do not ask nominees to reveal their personal identity, if you didn’t cast a vote by self-submission it is likely to have been cast via a colleague or client. The main ethos of our awards system is that your ability to succeed is not linked to the number of votes received, with the most pertinent belief behind this being that all awards will be received purely on merit. As a means of identifying spam votes and countering cyber-threats, we are constantly monitoring the site for unusual behaviour.

What happens if I agree to be on the shortlist?

As we look to keep maximum focus on relevant candidates, we ask all nominees to accept their position on the shortlist. This also gives people complete control in their decision on whether they would like to move forward with the award. There is no cost for you to be added onto the shortlist and no obligatory costs for winners. Nominees who accept will then proceed to our rigorous internal vetting procedure. They are given an opportunity to present their own data which gets considered alongside the information collated by our research team. It can take up to 8 weeks for research to be completed.

Who makes the final decision?

We employ an entirely impartial panel of 5 individuals who conduct all their research in line with our high standards. At the helm of the panel we have a veteran academic leader with international academic and training experience. The team are well versed in research, fact-checking and mediation. We believe this method is the most efficient in determining which individuals and companies are most deserving in winning an award and has brought us much success and commendation throughout its use. Our continued use of this panel plays a key part in enforcing EU Business News’ stance that winners are not determined by popularity of votes, but by their contributions to their industry.

Is there a winner’s ceremony/award dinner and if so, when does it take place?

We do not focus our efforts on a celebratory event. Despite being an enjoyable occasion, it doesn’t support our group’s philosophy of cost-effective marketing. As well as the lack of cost efficiency, EU Business News is of course an establishment which runs across all EU countries and we believe it would be logistically difficult for some of our winners to attend an awards ceremony. We follow the belief that any of the optional costs involved with the award would be more beneficial in a year’s worth of online marketing for a winner, rather than spending it all on a ceremonial evening. All of our press announcements are made digitally, online and across our network to enforce our position as digital publishers. We aim to arm you with the tools (both digital and physical) to generate real-world value.

What happens if I am deemed successful?

There is a short press embargo in place where we ask you not to make the news public, giving us the chance to prepare the different means of coverage we offer for companies. This means that during this period the program manager will liaise with you to agree on the most appropriate coverage for you. Our main feature takes the form of a digital celebratory magazine, but we also offer physical trophies, wall mounted and digital certificates, web-based advertisements and press releases which are bespoke to you or your company. This variety of options are aimed to make the awards tailor made to each individual firm, regardless of which option you decide to go for.

Are there any costs involved?

As previously mentioned, there are no compulsory costs in accepting a nomination or winning an award with EU Business News. We do offer a variety of paid additional benefits for our winners, but these are completely optional and merely supplementary to your award rather than essential. To demonstrate our commitment to no mandatory fees, all of our winners are offered a free of charge promotional package. Our company policy will always remain: regardless of budget, our clients should always be able to garner the full value of the award and our seal of approval. We offer a variety of promotional opportunities to our winners. as we have an extensive network and we know, more than anyone, the wider business benefits from promoting industry awards.

Why does your email domain differ from your website domain?

Because we send a large volume of emails, we separate our campaign email sends from our transactional ones. This structure helps to ensure a prompt and thorough response from one of our diligent team members. The sending email address will always be recognisable but please contact us via the address on this page if you have any concerns.

Previous Winners

Delve deeper into the achievements of our past award winners, individuals and organisations that have set a high standard in their respective industries. Our previous winners range from emerging talents to established veterans, all of whom have demonstrated exceptional skill, innovation, and dedication. Take a moment to discover their achievements.

Meet The Team

Need Help With Your Award? We can point you in the right direction.

The Nomination Team can assist with answering any queries that you have regarding a nomination, or the process involved in taking part in one of our award programmes.

Please get in touch with us via email or over the phone if you have any questions - we are happy to help!