Last Updated:
Please read these terms carefully before participating in Liberia Business Awards 3.0
Table of Contents
Terms & Conditions
Welcome to Liberia Business Awards 3.0 ("LBA 3.0", "we", "us", or "our"). These Terms and Conditions govern your participation in the Liberia Business Awards 3.0, including nominations, partnerships, voting, events, and use of our website.
Important: By participating in LBA 3.0, you agree to be bound by these Terms and Conditions. If you do not agree with any part of these terms, you should not participate in the awards program.
1 Acceptance of Terms
By accessing, participating in, or using any services provided by Liberia Business Awards 3.0, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.
Key Points:
- These terms apply to all participants, nominees, partners, sponsors, voters, and website visitors
- Participation constitutes full acceptance of these terms
- We reserve the right to modify these terms at any time
- Continued participation after modifications constitutes acceptance of changes
2 Eligibility Criteria
To be eligible for nomination and participation in Liberia Business Awards 3.0, businesses and individuals must meet the following criteria:
| Category | Requirements |
|---|---|
| Businesses (All Sizes) |
|
| Startups |
|
| SMEs |
|
| Large Enterprises |
|
Disqualification Grounds
Businesses may be disqualified for: false information, unethical practices, legal violations, bankruptcy proceedings, or previous award revocation.
3 Nomination Process
3.1 Submission Guidelines
- All nominations must be submitted through the official LBA website (liberiabusinessawardslr.com) or authorized channels
- Nominations open on March 1 and close on May 30 (5:59 PM) Liberia Time annually
- Each business may be nominated in up to 3 of the 72 award categories
- Self-nominations are accepted and encouraged
- All information provided must be accurate, complete, and verifiable
3.2 Award Categories
LBA 3.0 features 72 award categories across 5 tiers and 18 economic sectors:
Startup Awards (4)
For businesses 0-3 years old
SME Awards (4)
For Small & Medium Enterprises
Large Enterprise Awards (3)
For established corporations
Sector Awards (72)
4 per each of 18 economic sectors
National Leadership Awards (8)
CEO, Entrepreneur, Young Entrepreneur, etc.
3.3 Required Documentation
Nominations must include:
3.4 Entry Fees
There are no entry fees for nominations. The Liberia Business Awards is committed to making business recognition accessible to all qualified Liberian businesses regardless of size or financial capacity.
4 Judging Process
4.1 Judging Panel
The judging panel consists of independent industry experts, business leaders, and professionals selected for their expertise and impartiality. Judges are required to:
- Sign confidentiality agreements
- Declare any conflicts of interest
- Evaluate submissions based on established criteria
- Maintain impartiality throughout the process
4.2 Evaluation Criteria
| Criteria | Weight | Description |
|---|---|---|
| Business Impact | 30% | Economic contribution, job creation, community development |
| Innovation | 25% | Creativity, unique solutions, market differentiation |
| Growth & Sustainability | 20% | Financial performance, scalability, long-term viability |
| Leadership & Governance | 15% | Management quality, ethical practices, corporate governance |
| Public Voting | 10% | Public votes (each vote = 1 point, jury votes = 3 points) |
4.3 Final Decision
The judging panel's decision is final and binding. No correspondence will be entered into regarding the judging process or results. Winners will be announced at the awards ceremony on December 19, 2026.
5 Voting Rules
5.1 Voting Period
Public voting runs from June 1 to July 30 annually. All votes must be cast within this period to be counted.
5.2 Voting Guidelines
- Each person may vote once per business using a valid email address
- Email verification is required before votes are counted
- Votes are rated on a scale of 1-10
- Public votes count as 1 point each
- Jury votes count as 3 points each
- Votes cannot be changed after submission
5.3 Voting Integrity
We monitor voting patterns for irregularities. Any detected fraudulent voting (including bot voting, vote buying, or multiple votes from the same email) will result in disqualification of affected votes and potential disqualification of the business from the awards.
5.4 Vote Weight Calculation
Final scores are calculated as: (Average Public Vote × 0.6) + (Average Jury Vote × 0.4)
Example: If a business receives average public vote of 8.5 and average jury vote of 9.0, final score = (8.5 × 0.6) + (9.0 × 0.4) = 5.1 + 3.6 = 8.7
6 Partnership Terms
6.1 Partnership Categories
Lead Sponsor
Primary partner and driving force behind LBA
Co-Host Partner
Strategic partner supporting execution and delivery
Platinum Sponsor
High-level sponsors with strong visibility
Gold Sponsor
Organizations seeking visibility and engagement
Category Sponsor
Sponsor a specific award category
Media Partner
Media organizations supporting visibility
Strategic Partner
Contributing through programs or expertise
6.2 Partner Obligations
- Partners must fulfill financial commitments as agreed in the sponsorship agreement
- Branding materials must be provided in specified formats by agreed deadlines
- Partners must adhere to LBA brand guidelines
- Partnership benefits are non-transferable
- Partners agree to be featured in LBA promotional materials
6.3 Payment Terms
Payment Schedule: 50% upon signing sponsorship agreement, 50% 30 days before the awards ceremony.
Cancellation Policy: Cancellations more than 60 days before the event receive 50% refund. Cancellations within 60 days are non-refundable.
Payment Methods: Bank transfer, mobile money, or check accepted.
7 Intellectual Property
7.1 Ownership Rights
All intellectual property rights related to Liberia Business Awards 3.0, including but not limited to logos, trademarks, content, and materials, are owned by Liberia Business Awards or its licensors.
7.2 Participant Grant of Rights
By participating, you grant LBA a non-exclusive, royalty-free, worldwide license to:
- Use your business name, logo, and submitted materials for promotional purposes
- Feature your business in LBA publications and media
- Share your success stories across LBA platforms
- Archive your submission for historical records
- Use nomination and voting data for statistical analysis
7.3 Restrictions
Participants may not use LBA logos, trademarks, or branding without express written permission. Unauthorized use may result in disqualification and legal action.
8 Privacy & Data Protection
8.1 Data Collection
We collect personal and business information necessary for the awards process, including but not limited to:
Business Data
Registration details, financial information, business documents
Contact Data
Names, emails, phone numbers, addresses
Submission Data
Nomination forms, supporting documents, achievements
Usage Data
Website analytics, cookies, IP addresses, browser information
Voting Data
Voter emails, vote values, timestamps
8.2 Data Usage
Collected data is used for:
- Processing nominations and evaluating submissions
- Processing and verifying votes
- Communicating awards-related information
- Improving LBA programs and services
- Complying with legal obligations
- Marketing and promotional activities (with consent)
- Analytics and performance tracking
8.3 Cookies & Tracking
Our website uses cookies to enhance user experience, analyze traffic, and serve personalized content. By using our website, you consent to our use of cookies as described in our Cookie Policy.
8.4 Data Protection
Our Commitment
We implement appropriate security measures to protect your data. We do not sell personal information to third parties. Data is stored securely and retained only as long as necessary. You may request data deletion by contacting us.
9 Liability & Disclaimers
9.1 Limitation of Liability
Liberia Business Awards, its organizers, partners, and affiliates shall not be liable for:
- Any indirect, incidental, or consequential damages
- Loss of profits, business, or opportunities
- Technical issues preventing submission, voting, or participation
- Errors or omissions in awards materials
- Actions of third parties or partners
- Results or outcomes of the awards process
9.2 Disclaimers
The awards are provided "as is" without warranties of any kind. LBA does not guarantee business success, funding, or specific outcomes from participation. Award recognition does not constitute endorsement of business practices or financial stability.
9.3 Indemnification
Participants agree to indemnify and hold harmless Liberia Business Awards from any claims, damages, or losses arising from their participation, including but not limited to false information, intellectual property infringement, or breach of these terms.
10 Termination Rights
10.1 LBA's Rights
Liberia Business Awards reserves the right to:
- Disqualify any participant for breach of these terms
- Cancel or modify the awards program at any time
- Withdraw awards if winners are later found ineligible
- Remove content that violates these terms
- Terminate partnerships for non-compliance
- Invalidate votes found to be fraudulent
10.2 Participant Rights
Participants may withdraw their nomination at any time by written notice to info@liberiabusinessawardslr.com. Withdrawn nominations are not eligible for refund of any costs incurred. Voters cannot withdraw or change votes once submitted.
11 Governing Law
These Terms and Conditions shall be governed by and construed in accordance with the laws of the Republic of Liberia.
11.1 Jurisdiction
Any disputes arising from these terms shall be subject to the exclusive jurisdiction of the courts of Monrovia, Liberia.
11.2 Severability
If any provision of these terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
12 Amendments
12.1 Modification Rights
Liberia Business Awards reserves the right to modify these Terms and Conditions at any time. Significant changes will be communicated to participants via email and website announcements.
12.2 Notification of Changes
Notification Method: Changes will be posted on our website with the "Last Updated" date modified. Continued participation after changes constitutes acceptance of the modified terms.
13 Contact Information
Liberia Business Awards 3.0
Contact Details
Address
Monrovia, Liberia
Phone
+231 886 590 302
+231 77 287 66 44
liberiabusinessawards@gmail.com
contact@liberiabusinessawardslr.com
info@liberiabusinessawardslr.com
nominations@liberiabusinessawardslr.com
partnerships@liberiabusinessawardslr.com
Acceptance Declaration
By participating in Liberia Business Awards 3.0, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions in their entirety.
Last Updated:
These terms are effective immediately upon publication