Competitors from last year's Business Excellence Awards are to go head-to-head once again.
The News awards ceremony is currently seeking entrants, and some businesses have already pledged to jump into the fray and compete against one another in the same category this year.
In the Small Business of the Year category, the runners-up from last year has vowed to enter again - and this year has his eyes on the number one spot.
Waterlooville's In2Events, run by director Gavin Farley, has doubled its sales on last year.
Mr Farley said: 'We're looking to enter the same category, and are looking to win this year. We've got a lot of good things we've done since last year. Not just the financials, but changing the whole ethos of the business. We've got a lot to shout about.
'We're definitely going to enter, 100 per cent. Bring it on. From a competition point of view, that's what it's all about.'
They will recognise one of their fellow entrants.
Interior design firm Grech & Grech, run by Copnor-based father-and-daughter duo Donna and Will Grech, is also going for the same category this year.
Mr Grech said: 'A lot of our competitors have gone pop. It's a very fragile business to be in.
'In a recession we've increased turnover, increased profits, and already set up some very, very good deals for next year.'
To enter the awards, download a form from portsmouth.co.uk, fill it in, and email it to firstname.lastname@example.org
Small business contenders throw hats into the ring and pledge to compete again in this year's awards