Mazuma UK Limited, a member of the Cardiff Chamber of Commerce, has been announced as the regional winner of the Most Promising New Business Award in Wales for the Chamber Awards 2007.
The company (a provider of accountancy services), won the BT-sponsored award because the judges felt its innovative accounts monitoring process for SMEs is meeting a market need and is delivered in a ground-breaking style for those businesses who find monitoring their financial performance a frequent headache. Overall, Mazuma is delivering a new twist on the traditional accountancy offer and this is delivering impressive early growth for the company.
Mick Hegarty, Marketing Director, BT Business commented;
"Starting a new business is an exciting and often daunting experience. However, keeping it going in those challenging first few years takes talent, courage and tenacity. We are delighted to recognise those organisations that are doing so well and showing great potential for the future."
Mazuma UK Limited will now go through to national judging and the chance to win the top prize of £50,000, courtesy of Royal Bank of Scotland. The National Winners of the Chamber Awards 2007 will be announced at a Gala Dinner at the Victoria and Albert Museum, London on the 29th November 2007.
Peter Mileham, President of the BCC, said;
"Starting and running a business requires total commitment and strong commercial acumen on the part of the founders. So many businesses fail to make it past their first year, let alone their third. Mazuma UK Ltd is an inspiration to all of us in business."