The nationwide and international recognition that would accrue to hitherto largely regional enterprises and institutions would provide them the opportunity to expand and thus benefit from the huge economies of scale and synergies available to enterprises
The award scheme is being financed by corporate/institutional sponsors who wish to associate with and encourage exemplary business and socio-economic performance and conduct and who also want to contribute to closer ties between exemplary businesses in the creation of highly impactful supply and value chains.
Enterprises and institutions will only be eligible to be dominated and considered for awards in the zones where their respective head offices are domiciled ie branch office presence does not qualify an enterprise or institution for consideration for an award.