Growth Champions Award: How to Participate and Benefits
The Growth Champions award is recognized by La Repubblica Affari & Finanza and the German Institute ITQF to Italian companies that have stood out for the highest growth rate in the last three years.
Being part of this ranking is an important opportunity for companies: it demonstrates their entrepreneurial capacity and is a great chance to attract new business opportunities, new customers, and investors.
We are therefore proud to announce that Univiti has won this recognition, ranking among the top 500 selected companies.
But what does the Growth Champions award consist of, and what are the selection criteria?
What is the Growth Champions Award?
Now in its sixth edition, the award is organized by La Repubblica Affari e Finanza and the German Institute for Quality and Finance ITQF to reward companies in the Italian territory that have shown an average annual growth rate of over 11.3% in the last three years.
It is an important title that certifies a company's growth path and provides national visibility.
Indeed, winning guarantees publication in a special issue of La Repubblica Affari e Finanza and the acquisition of the official contest seal, which is a registered certification mark at the Ministry of Enterprise and Made in Italy.
What Are the Growing Companies?
The reference parameters to decree the Growth Champions 2024 are the increase in turnover and the increase in employees during the period 2019-2022.
The requirements to compete for the award and prove to be a growing company are:
having had a turnover of at least 100,000 Euros in 2019 and at least 1.2 million Euros in 2022;
having a legal headquarters in Italy;
having primarily organic growth;
being autonomous companies (not subsidiaries or affiliates);
not being in any of the conditions mentioned in article 80 of the Legislative Decree 50/2016.
Companies had to submit their data to the ITQF selection committee, which calculated the Compound Annual Growth Rate (CAGR).
The result of these analyses is the ranking of 800 champions that can be viewed on the La Repubblica website.
Growth Champions Award 2024: Why It's Important
Being among the Champions is, besides being a reason for satisfaction, a great opportunity for companies.
As mentioned, winning this award brings several benefits:
visibility: being able to publish the presentation of one's company in La Repubblica Affari & Finanza;
reputation: making one's company perceived as an ever-expanding reality;
opportunity: attracting new business possibilities;
certification: being able to use the quality seal in one's marketing communications.
Growth Champions 2024: La Repubblica Awards Univiti
As anticipated at the beginning, La Repubblica and the German institute ITQF awarded Univiti the 381st place.
Despite the particular economic moment that saw a significant increase in raw material prices in 2022 and a significant contraction in 2023, Univiti indeed recorded a 48% increase in turnover in 2021 and a 35% increase in 2022.
Obtaining the Growth Champions title is a great achievement for the company, which thus testifies to its constant growth and expansion. To learn more, you can read the interview with our founder on La Repubblica: scroll through the ranking and look for our company!
Univiti thanks all its collaborators and all its customers who have allowed it to achieve this result: without the commitment and hard work of everyone, this success would not have been possible.
We hope this is the first in a long series of victories that will mark the future of the company!
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If you want to request a free quote, contact us at info@univiti.it
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