We mentioned on this fair blog just a few weeks ago that Lingo24 has made it to the regional finals of HSBC’s Business Thinking competition. Well, we can bring you an update on this…and we’re pleased to report it’s good news. We won!
The awards ceremony was held at Hopetoun House in South Queensferry on Tuesday 26th October, with Newsnight host Gavin Esler presenting the awards. Esler commented that the judges had praised “Lingo24’s foundation of a strong international culture…and its innovation in promoting the foreign language internet.”
Lingo24 founder Christian Arno said: “For Lingo24 to have won is testament to our innovation within the translation market. I’m delighted and proud to receive this sort of recognition.”
The other winner from the Scotland and Northern Ireland region was Bio Technics, an Aberdeenshire-based environmental technology company. And we’ll both join the sixteen other winners from the eight regions across the UK, to compete for the main prize in Hong Kong in early December.
Prior to Tuesday’s final, the six regional finalists were taken on a thought-exchange trip to Istanbul, which was not only a chance for them to swap ideas and build relationships with each other, but also network with local business people. Lingo24 is already negotiating partnerships with some top companies in Turkey on the back of this trip, and has translated its website into Turkish. Website translation is key to tapping into international markets, with the foreign language internet providing a great opportunity for businesses to significantly increase sales.
“Being involved with Business Thinking has already opened doors for us in Europe”, says Christian. “And winning this award will help us tap into further new markets in Asia. I sincerely hope Lingo24 can lead the way for Scottish businesses to prosper in international markets.”
HSBC Chief Executive, John Rendall, said: “The standard of entries to the Business Thinking initiative was incredibly high, and the judging panel faced a very difficult decision in deciding which companies should win. Bio Technics and Lingo24 are truly ‘thinking’ businesses, with an innovative approach and a compelling business case, reflecting their learnings from the Thought Exchange.
“The winners are a great example of companies in Scotland that are looking beyond domestic markets to develop their business, and we urge other companies in the region to consider the opportunities that may lie overseas for them.”
It’s been an incredible week here at Lingo24 and everyone is pleased as punch to have our efforts recognised in this way. Next stop…Hong Kong!