ARE THERE DEADLINES TO ENTER?
The POTENTL Awards are ongoing, which means we aren't building up to a specific time or event, nor do we want to pressure companies into adhering to random deadlines.
While we may do that in the future with a grand event and business showcase, we truly believe that
companies should receive recognition when they deserve recognition and not a year later.
We also believe that every business is different - products, services, management, mission, values, results, etc. Typical "judging" puts one company against another and, in most cases that type of subjective categorization is not fair.
HOW MANY JUDGES ARE INVOLVED?
At any given time, there are at least a dozen independent judges. We are always looking for new, unbiased judges to help sort through entries.
CAN WE ENTER MORE THAN ONE CATEGORY?
Yes you can, but you cannot enter the same category under different business types (meaning you cannot enter a catergory as a midsize business and a startup.
HOW MANY WINNERS ARE THERE?
First of all, contrary to some awards programs, not every submission will be a winner. We do allow people to submit more than once if their initial submission was lacking infomation and caused an incomplete conclusion.
Each winner will be designated as Bronze, Silver, or Gold - relative to their judging scores.
WHAT DO WE GET IF WE WIN
When winners are selected, they will receive:
1) Substantial promotion through the Potentl network, including The Red Flag Image Company, VENTRPLAN, Complete Identity and more - social media and websites and forever be recognized on the potentl.org site under the previous winners section.
2) Winners can opt to receive a stunning glass award - customized for a small fee.
3) Winners will be recognized in a global press release that will also direct readers to the winner's business.
CAN WE MODIFY OUR ENTRY?
Entries can be modified by sending an email to email@example.com with the company name, category and corrected information
CAN WE PAY THE ENTRY FEE LATER?
Unfortunately no. Submissions without payment are automatically discarded.
WHAT ARE THE ENTRY FEES?
The entry fee is $325 for existing businesses.
Startups and independent businesses pay $75.
CAN WE REFER/NOMINATE SOMEONE ELSE'S BUSINESS?
Yes you can and we encourage referral nominations. Visit potentl.org/referabusiness to submit a referral for another business.
WHAT IS THE VALUE OF WINNING A POTENTL AWARD?
There are many ways to calculate value. For purposes of this Q/A, let's start with the pure financial value to your company.
Top Value Factors:
1) Forever being known as an "Award Winning" company
2) Credible 3rd party validation and promotion on social media
3) Backlinks to your website and company social media channels
4) Press release with global distribution
5) Beautiful award to display and promote on your own social media
All things considered, the total economic impact value on your company could be as much as $5,000 and even higher in some cases - based on the promotional response and engagement!
HOW LONG DOES THE JUDGING PROCESS TAKE?
From the time an entry is submitted, it can take 6-8 weeks before an award is finalized. From there, if the company elects to receive a custom trophy that will take some additional time.
During that time, the judges are reviewing entries and evaluating the information that has been provided. In many cases a judge will request the research department to follow up on details related to an entry (further explanation, more info needed, etc.).
A judge may also recommend suspending an entry for a period of time to give the nominated company a chance to fix an obvious issue such as a website problem or social media accounts.