Stand Out Socks Wins #SBS Small Business Sunday Award By Theo Paphitis

Small Business Sunday, shortened to the hashtag #SBS on social media, was created by Theo Paphitis in October 2010. 

Theo Paphitis

Theo Paphitis is best known for appearing on BBC’s Dragons Den as a world-class investor. His proven track record as chairman of many successful companies.

Theo is a retail magnate come entrepreneur, with a net worth of over £280 million, he is considered to be one of the UK’s most high profile businessmen.

SBS Awards

The #SBS awards were created by Theo Paphitis to reward and promote small business with entrepreneurship. Theo promotes business winners with dedicated business profiles on his website and retweets the business to his >500,000 followers. Also, access is granted to an exclusive #SBS club where like-minded business individuals can network and share ideas.

Some Amazing stats:

• #SBS has been supporting small businesses for 10 years
• Over 400,000 #SBS applications
• A network of over 3000 #SBS winners
• Which equates to less than 1% of entries will win
• 75% are female owned businesses
• 23% started a business aged 45+
• 6% were under 19 when they started
• 52% are sole traders

What Stand Out had to say

Christian Laing said, “We are absolutely thrilled to be acknowledged by Theo’s SBS. Our Twitter account has gone crazy, we have been enjoying riding the wave! We are looking forward to exploring the opportunities that being part of the SBS family might bring!”

Theo runs the weekly competition on Twitter and Instagram for small businesses every Sunday. To enter you need to tweet him @TheoPaphitis and describe your business including the hashtag #SBS between 5- 7.30pm.

More news will follow, as Stand Out Socks are invited to the awards ceremony in 2023, where they’ll be handed their award from Theo Paphitis himself.

Standout socks | www.theopaphitissbs.com