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:
Judging is complete anonymously, so your submission must also be completed anonymously to support the judging process. Companies must NOT use their company name when responding to short answer questions.
To be a valid entry in the Alberta Business Awards of Distinction, your business must(at the time of both nomination and awards presentation):
- Be operational in Alberta for a minimum of 3 fiscal years unless otherwise stated
- Be actively operating in Alberta
- Employ Albertans to produce goods and/or provide services
- Must be a member in good standing of a local chamber of commerce in Alberta (proof of membership required)
Contact your local chamber to become a member. - Must submit annual financial statements as part of the application.
Financial statements are not shared with the judging committee; financial information is assessed solely during adjudication. - Not have won in the same category in the last three award cycles (e.g. a 2022 winner is eligible again in 2026)
- 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 (non-profits must forward financials to sknorr@abchamber.ca to complete their application)
