Each business which has made it through to the first round of interviews has already been awarded points for 30% of their available score.
Babs Murphy, chief executive of the North & Western Lancashire Chamber of Commerce which runs the awards, said the application forms submitted by each entrant had been scored by judges.
She added: “The first round of interviews which get underway this week will account for a further 35% of the overall score which each applicant can receive.
“After the application forms have been scored, there is just 0.2% between first and third place in one of our categories, so there’s still everything to play for.
“The final 35% will be awarded by judges following our second round of judging, the BIBAs On Tour, which get underway from next month and see our panels visit each of their finalists.
“We do not think it is possible to understand what makes a business tick from an application form and a face-to-face interview, you have to go and meet the people behind it.
“That is just one of the many reasons why the BIBAs is ‘the one they all want to win’ in Lancashire.”