Supply Chain business shortlisted for London StartUp Award

 10 March 2023

London-based startup Suppeco has been named a finalist ahead of the London Final of the StartUp Awards.

The StartUp Awards has been launched to recognise the booming startup scene across the UK which has accelerated since the 2019 pandemic. Over 800,000 new businesses were founded in the UK since 2021, a 4.3% increase from the year before.

A record number of businesses applied to this year’s StartUp Awards, with 1,100 firms shortlisted across ten UK nations and regions. The contribution of these firms – all of which were started in the last three years – is significant, having created over 5,000 new jobs since they were established and generating annual sales of £584 million.

Suppeco is a collaborative supplier relationship platform, founded by Sheldon Mydat in 2018. The business has been nominated for the Digital StartUp of the Year.

Sheldon Mydat, founder of Suppeco, said: “I’m super excited to be shortlisted for the final. We formed the Company late 2018. But we only started trading April 2020 – just as the first Covid lockdown kicked in. It really has been the most unconventional start to a business. So to prevail strongly and to be recognised like this, is frankly, just wonderful.”

Supported nationally by Starling Bank, British Business Bank, BT, Creative Ideaz, GS1 UK, Jeeves, Join Talent, ScoreApp and The Purposeful Project, the programme will celebrate the achievements of the amazing individuals who have turned an idea into an opportunity and taken the risk to launch a new product or service.

The cohort of finalists will be considered for the regional prizes by a panel of seasoned judges with experience founding or supporting entrepreneurial ventures.

Professor Dylan Jones-Evans OBE, the creator of the StartUp Awards, said: 

“​​Start-up businesses are the lifeblood of any economy, being responsible for new jobs, innovation and in supporting communities in every nation and region across the UK. All of the finalists this year represent the best of those entrepreneurs who have spotted an opportunity and through their sheer hard work, talent and perseverance, have created an amazing new business that is creating real impact in its sector.”

The StartUp Awards was created in collaboration with the team behind the Great British Entrepreneur Awards, one of the most successful awards programmes in the UK. The StartUp Awards are running for the second year after launching in 2022. 

This year’s StartUp Awards finalists can be found online at The Startup Awards.