Nominate your favorite small business or second-stage company now for the Michigan Celebrates Small Business Awards.

Nominations are due Nov. 10 for the awards, which will be passed out Thursday, May 3.

Michigan 50 Companies to Watch are specifically for second-stage companies headquartered in the state of Michigan. Besides demonstrating growth in employees and revenues, these companies are remarkable for high performance in their marketplace, innovative products, unique processes or philanthropic actions. This award seeks companies from a range of industries and from all regions of Michigan. All candidates must submit an application, and companies need not be nominated to apply.

Other awards include:
* Small Business Awards
* Small Business Person of the Year Award
* Entrepreneurial Success Award
*Family-Owned Small Business of the Year Award
* Small Business Exporter Award
* Young Entrepreneur of the Year Award
* Small Business Champion Awards
* Financial Services Champion of the Year Award
* Home-Based Business Champion of the Year Award
* Michigan Small Business Counselor of the Year Award
* Minority Small Business Champion of the Year Award
* Small Business Journalist of the Year Award
* Veteran Small Business Champion of the Year Award
* Women in Business Champion of the Year Award
* Urban Entrepreneur Award

To be considered for this award, entrepreneurs and companies must meet the following for the year ending 2011:

1. Headquartered in a designated urban (examples, but not limited to Saginaw, Detroit and Flint) community for a minimum of three-years
2. Six to 99 employees, and $750,000 to $50-million in revenues, with demonstrated growth in employment and/or revenue in two of the past five years
3. Evidence of customer receipts from markets beyond the service area of Michigan, from regional or global markets
4. Demonstrated potential necessary for long-term business success and economic growth

Innovation Award
To be eligible for this award, the product or service must have been developed by the applicant and earned revenue for the first time during the previous three years (from Nov. 2, 2008). The innovation must be by a Michigan company with fewer than 500 employees.

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