If your business employs up to 50 people, demonstrates innovation and has a strong brand identity, is financially stable and has potential to grow, you should seriously consider entering the O2 X Awards.

Winners and short-listed entrants can expect to receive: £5,000 cash prize, VIP O2 tariff and handset, profile in Grazia or ShortList, a one-hour mentoring session with the Awards ambassador, and tickets to gigs at an O2 venue.

The deadline for this lucrative competition is the 1st of August 2009.

O2 X Awards are also holding local networking events. The London event is on the 23rd of June at O2 Shepherds Bush Empire.

Good luck!