Description
Recognizes a business/organization that has achieved outstanding results through original innovative strategies.
Requirements
Specific Eligibility:
To be eligible for the Business Innovation Award of Distinction, your business must:
- Have implemented an innovative initiative is original and has resulted in a significant and measurable increase in revenue or job creation; productivity or quality; reduction in costs; and/or improvement in service in either new products, technology, management, manufacturing processes or customer service
- Initiative submitted must be fully implemented/available in the market in the past 5 most recent fiscal years
- Initiatives submitted in previous years are not eligible unless significant unique and innovative enhancements have been made
- Initiatives can include but are not limited to projects, programs, processes, systems, technologies, developments, ventures, and undertakings
For example:
- streamlining processes
- commercializing technology
- developing new business models
- improving public services
General Eligibility:
To be a valid entry in the Alberta Business Awards of Distinction, your business must:
- Be operational in Alberta for a minimum of 3 fiscal years unless otherwise stated
- Be operating in Alberta at the time of nomination and at the time of the awards presentation
- Employ Albertans to produce goods and/or provide services
- Not have won in the same category in the past three years
- Not have anyone in your management, on your board, or in your employ serving on the Alberta Business Awards of Distinction judging committee for the category
- If you are a non-profit organization, no more than 30% of annual revenue can be directly funded by Government envelopes. This does not apply to regular procurement
