The SA Business Index is a project to discover the best 100 companies in South Australia – and the firm that tops the list will get support to continue their growth.
The top-ranked company will have access to $22,000 worth of programs at the Centre of Business Growth in the University of South Australia’s Business School.
The centre will work with the winner to determine what mix of programs is best for their business.
The inaugural South Australian Business Index, supported by Prescott Securities, the University of South Australia and the Adelaide Convention Centre, is a ranking based on data.
The index will show the top 100 companies in South Australia as ranked by research from a team of analysts at Prescott Securities.
The team is now in the process of of gathering quantitative and qualitative information direct from companies and verifying it via a number of trusted methods, including publicly-published records.
The top-ranking companies will be announced at a special lunch at the Convention Centre on 28 October (see below for booking details).
To be eligible, a company has to be at least 50 per cent owned by South Australians or, for listed companies, they must have a head office in South Australia.
Business Index partner UniSA will support the top ranked company with the education package through its Centre for Business Growth, which is dedicated to helping small to medium sized businesses find the right strategies to grow.
UniSA Pro Vice-Chancellor (Business and Law) Professor Marie Wilson said the centre was experienced in helping fast-growing companies to prepare for the next phase in their development – an area of expertise that would likely be useful to the top ranked company in the index.
“It’s quite possible the company that comes top here might be getting ready for another growth phase,” she said.
“At that point they might need help navigating growth – how do you get ready to scope and sustain your company for a new phase?
“We see companies all the time that do cycle back through – who have to rethink their strategies if they’re going to continue to grow.
“One strategy won’t take you through from start-up to the ASX.”
The Centre for Business Growth has worked with 70 companies over the past year, both local firms and many from interstate.
