The Innovation Award
sponsored by Murgitroyd
Elevator, as an organisation, believe that innovation is at the heart of a successful business. This award will be given to an individual or a business that can demonstrate that innovation is at the core of their current or future success.
This award recognises businesses that can demonstrate a proven ability to create, nurture and develop innovative products, processes or services that substantially improve the commercial performance or prospects of the business.
Part 1 – Please provide information that demonstrates the following (Word Count – 1,000 words):
- You have developed a product that is unique or ground-breaking in your sector
- The product satisﬁes a real need in the marketplace
- The product has the potential to positively impact the broader business sector.
Part 2 - Please provide a relevant summary that realistically displays the potential of the innovation. (Word Count – 1,000 words)
Clearly, articulate the innovative steps they have taken and how the resulting products or services have disrupted the current marketplace or have the potential to do so.
Part 3 – It is helpful for the judges to have an idea of the financial history, impact, or proposed impact that this innovation will have.
If this information exists, please demonstrate this. (Word Count – 1,000 words)