BUSINESS INNOVATION AWARD

For businesses demonstrating a high degree of innovation.

Entrants will be asked to show how the business goes about encouraging creativity and new thinking and how knowledge or technology play an important part in developing the business.

You will be asked to focus on a particular example of a successful change implemented in the last two years.

The example should show how a novel idea has been translated into a new product or service, or into process improvements that have resulted in significant cost or quality improvements in the business. The example could alternatively focus on how you have successfully entered a new market.

You should explain how the new idea came about and how you planned to implement it successfully. The judges will be interested in how you brought experience to bear in making it a success. We are also interested in planned or unforeseen challenges and hurdles to be overcome.

Evidence of success will help to make your case – what your criteria were and how the business has benefited financially, in market position, or in terms of growing or securing employment.

Remember: You may enter more than one category.

This award is kindly sponsored by Hertfordshire Local Enterprise Partnership