New businesses are the lifeblood of any growing economy. They create innovation, vitality and, most importantly, jobs in local communities.
With research showing that new firms create the majority of employment in any economy, they can make the real difference in improving prosperity across Wales.
The Wales Start-Up Awards were launched to recognise the achievements of the entrepreneurial individuals who have spotted the opportunity and taken the risks to launch a new product or service, and who are often the unsung heroes of the business community.
The Wales Start-Up awards is different to many others in Wales. It gets away from the usual black tie approach to business awards and is held in an informal setting at the award-winning Depot in Cardiff, an entrepreneurial start-up business where street food and craft beer from Welsh enterprise will be served to those attending.
More importantly, this is an award ceremony that, is exclusively for start-ups only and will focus on celebrating their success across the economy.