MDBC INNOVATION & SUSTAINABILITY AWARDS
MISA 2018 Award Categories
Every year, MDBC does its best to ensure that the new award categories are timely and of particular relevance to furthering the understanding of Innovation & Sustainability.
The Award Categories for MISA ’18 are:
- Best Start – Up / Scale – Up in Sustainable Innovation
- Best Environmental Innovation
- Best Social Innovation
- Participants may enter more than one competition category BUT must enter a separate entry per category.
- Nominations must have a focus on innovation while retaining an element of sustainability.
- Information related to Guidelines, Rules & Regulations can be found here.
- The Assessment Criteria can be found here.
Further information, definitions, etc. per category can be found below. Should you need any clarification you can contact us at email@example.com or call +603 – 2722 8335.
Best Start – Up / Scale – Up in Sustainable Innovation
The contestant is a start – up or scale – up that has an innovative and sustainable business concept or project. The start – up / scale – up focuses on creating new market space, products, services, or processes driven by social, environmental, or sustainability issues.
We define a start – up as a young company that has thoroughly canvassed and tested the business idea and is ready to launch or is launched. It has the ambition of growing fast with a scalable business model.
We define a scale – up as a development stage business that is looking to grow in terms of market access, revenues, and number of employees, adding value by identifying and realizing win – win opportunities for collaboration with established organizations. The business is considered a scale – up if it shows an average annualized growth greater than 20% per annum (measured by number of employees or by turnover), over a three year period.
This category’s format slightly differs from the other two categories. We will invite shortlisted contestants to pitch their solution to some of the largest organizations in the field of innovation, venture capital management, government and corporate, who will consider the long-term growth potential of the presented business concepts. Our event partners will make available award prizes to help these start ups or scale ups fill any gaps in taking their concept and business model to the next stage. You can enter the competition if the business is an officially registered entity, and is defined as a start – up or scale up according to our definitions.
“Thanks to the support of experts, the company was able to expand its product line and together they brought the product into stores all over America, where the product became a bestseller.”
“Coming together is a beginning, staying together is progress, and working together is success.”
– Henry Ford
Best Environmental Innovation
The winner has an innovation that is new or has significantly improved characteristics, which benefits the environment and contributes to environmental stability.
“This clothing brand uses old plastic materials in their new clothing, making their jeans more sustainable.“
“Our solar roof compliments your homes architecture while turning sunlight into electricity.” – Tesla
Best Social Innovation
The winner has an innovation that is new or has significantly improved characteristics, and meets social needs or creates new social relationships or collaborations.
“This company was founded with the intention of donating a pair of shoes to a child in need for every pair that was purchased from the company.” – Blake Mycoskie
“The time is always right to do what’s right.” – Martin Luther King Jr.