Business Awards preview part IV

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Continuing our preview of next week’s Cornwall Business Awards, we highlight the companies in contention for the Most Dynamic Growth and Most Creative Use of Design awards.

Source Energy MD, Ben Hodges
Source Energy MD, Ben Hodges

Growth and how to achieve it is always something of a key topic when discussing the Cornish economy.

And three companies who understand the importance of growth more than most will be battling it out for Most Dynamic Growth Business accolade.

Grampound Road-based Source Energy’s burgeoning success in supplying heat pumps has been recognised with a nomination and MD, Ben Hodges, says: “Brilliant news for our brilliant team. Source Energy has grown a lot over the past year, but the exciting thing is this is just the start of it.”

Another growth company is Penzance foreign currency exchange expert TorFX, which has sustained five-year compound growth of over 40% per year.

And completing the choice for the judges is Vision Independent Financial Planning, whose joint MDs are also shortlisted for two other awards.

Three very different businesses will be hoping for success in the Most Creative Use of Design. The Looe Music Festival is in the running for its work in creating a highly-distinctive profile among the many events competing for festival goers’ attention.

The Padstow Brewing Company, which is also up for Best New Business, has been recognised for a similar reason – creating a distinctive brand in a crowded market.

Meanwhile, Newlyn-based South West Play started life as a supplier of fishing equipment, before putting its nets to different use by creating playground equipment.

Managing director Drew Davies responded: “It’s been an honour, being shortlisted for this category; as a business here in Newlyn, Cornwall, we’ve had to compete with larger companies from the UK and Europe. But the quality and design of our products speak for themselves.”

The Cornwall Business Awards will take place on Thursday, May 15, at St Mellion International. The Cornwall Business Awards form part of Cornwall Business Week.