Smart Awards
Regulated qualifications and apprentice assessments for UK industries.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Acquisition | ||
| Total Funding | 000k | ||
| EUR | 2020 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Company filings or news article
Smart Awards is a UK-based national awarding and end-point assessment organisation (EPAO) primarily serving the telecommunications, construction, digital, and utility sectors. The company is registered as a private limited entity and has its registered office in Coventry. Approved by regulatory bodies Ofqual in England and SQA Accreditation in Scotland, Smart Awards develops and provides regulated qualifications and apprenticeship assessments.
The firm's business model centers on partnerships with a network of approved training centers that deliver its qualifications. Revenue is generated from fees for these qualifications and for conducting End-Point Assessments (EPAs). For EPAs, the employer chooses the assessment organization, but the contract and payment are typically routed through the training provider. Smart Awards offers a portfolio of services including regulated industry qualifications, customized qualifications, and independent EPAs. These assessments are designed to be a final, independent evaluation of an apprentice's competence against industry standards.
A key product is the Network Operative Passport Scheme (NOPS), an accreditation card system for individuals in the telecoms industry. This scheme validates that operatives have the necessary qualifications and training for their work, consolidating their credentials onto a single card with a QR code for electronic access by employers. The company provides a broad range of apprenticeship standards, including those for roles like Construction Plant Operative, Telecoms Field Operative, and Digital Support Technician.
Keywords: end-point assessment, EPAO, regulated qualifications, awarding organisation, telecommunications training, construction qualifications, utility sector training, apprentice assessment, Ofqual approved, SQA accreditation, Network Operative Passport Scheme, NOPS, vocational qualifications, UK apprenticeships, skills assessment, workforce certification, industry standards, training accreditation, digital skills, smart metering