ENTRY & JUDGING CRITERIA
Entries should contain more than one innovation. A series of innovations – whether in the form of transactions, products, strategies or solutions – should be used to show a business’s strength, momentum and consistency, but please ensure that each entry contains significant detail on at least one of the innovations. Where appropriate, entries should highlight the following:
Provide a full description of the product, structure or strategy.How does this innovation differ from anything similar in the market?What has been done to educate the market and ensure the appropriateness of the product?
How has this benefited a client? How has this benefited an investor? How does it fulfill a need in the market? If appropriate, how has the innovation benefited the creator?Does the innovation bring greater clarity or transparency to the market?What was the context in which it was created: the problem it was created to solve, the objective it was created to meet?If possible, illustrate how this innovation has been monetised – ie, if it is a solution for a client, how much has it saved them? If it is a product, how much has been made?
Does the innovation have the potential to transform the way a business or market works?How widely is the product/solution applicable in the wider market?Has the innovation been replicated? (If so, provide information on when, where, how).Has it become or does it have the potential to become an industry standard?