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Department for Business, Innovation and Skills
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British Innovation Gets Recognition
Call made for all new ideas and innovative companies to enter inaugural iawards
The first Government backed innovation awards, the iawards, were launched today by Science and Innovation Minister Lord Drayson and leading businessman James Caan. The awards, launched at the Science Museum, aim to celebrate the best of cutting edge British science and technology.
Innovation and science will play a key role in building a stronger and more competitive economy able to take advantage of the upturn. The iawards will recognise those people and businesses that will help to do this.
The Prime Minister Gordon Brown said:
“New innovations will help us build for the future and take advantage of new opportunities in low carbon, digital technology, bioscience and advanced manufacturing.
“The iawards will celebrate and recognise Britain’s most innovative entrepreneurs.”
Science and Innovation Minister Lord Drayson said:
“Now more than ever we need to support and celebrate British innovation.
“New ideas and products will get us out of the downturn and provide the foundations on which we can build Britain's future. The next iPlayer, Spotify and Ecotricity are out there and the people that will create these successful companies need to be supported and celebrated. The iawards will do just that.”
James Caan said:
“Britain is home to some of the greatest minds in the world. We are the nation that invented the jet engine, created the code for the Internet and led research on the human genome project. Science and technology will shape the future of our economy. This is why it is so important for the iawards to recognise and honour Britain’s innovators for the vital contribution they make to our economy.”
Entries for the 13 categories are open to all organisations, but must specify the British involvement in any innovation - demonstrating that innovative thinking and development came from a British organisation or team.
The awards categories reflect the greatest challenges we face as country where science and innovation offer the best chance of developing viable solutions. Each entry must demonstrate how its innovative qualities relate to at least one of the following challenges:
addressing the healthcare needs of a aging society; increasing international security from tackling global poverty to minimising the threat of terrorism; preserving finite natural resources in the face of population growth and climate change; and delivering public services which make best use of new technologies.
They must also demonstrate that the innovation has an impact on one of the Governments grand challenges for science.
The iawards will be run by the Department for Business Innovation and Skills. Siemens will sponsor the ‘Next Big Thing' category and Microsoft will sponsor the best technology start up category.
Winners of the awards will be helped by UK Trade & Investment (UKTI) to meet potential business partners at key industry events such as the giant Medica trade fair in Germany and TechnologyWorld in Coventry this autumn. They will also receive public relations support from the iawards team. All of shortlisted entries and the winners will also have exclusive access to the iawards logo. Science and technology has been a driving force behind Britain’s export success. Exports for life sciences, for example, rose 19% in 2008. Innovation is also important in keeping the UK as the number one destination for inward investment in Europe. UKTI statistics show that the number of investment projects in creative industries increased by 65% in 2008/9 and in software and computer services by 36%. For more information, and to enter, visit www.iawards.org.uk. The closing date for entries is 16 September. The iawards gala dinner will take place at the Science Museum, November 16, 2009. The iawards categories are: The iaward for life sciences – This category is for innovation in any life sciences area which supports society in terms of healthcare and the national challenge of an ageing population.The iaward for transport – This category is for innovation in any area of transportation which supports society in terms of moving people, products and service delivery.The iaward for energy and environment – This category is for innovation in any area of energy and environment which supports society in terms of the challenge of providing/conserving energy and our responsibilities ensuing from climate change.The iaward for places to live and work – This category is for innovation in any area which supports society in terms of places to live and work. The iaward for digital communications – This category is for innovation in any area which supports society in terms of communications and how our economy is driven by pace of change. The iaward for entertainment/media – This category is for innovation in any area which supports society in terms of the creative industries and how this is a key economic driver for our nation. The iaward for a consumer product – This category is for innovation in any area which supports our society and has provided a product or service which has most positively impacted the lives of mass consumers.The iaward for the cross-application of technology – This category is for innovation in any area which supports our society in terms of one of the key national challenges.The iaward for best collaboration – This category is for innovation in any area which supports our society in terms of one of the key national challenges.The iaward for British inside – This category is for innovation in any area which supports our society in terms of one of the key national challenges.The iaward for inward investment – This category is for innovation in any area which supports our society in terms of one of the key national challenges.The iaward for the next big thing – This category is for innovation in any area which supports our society and is yet to be fully commercialised in its widest potential.The iawardfor best technology start up. For media enquiries contact or to arrange an interview with Lord Drayson please contact Josh Coe Department for Business Innovation & Skills press office on 020 7215 5943 or Joshua.coe@bis.gsi.gov.uk To arrange an interview with James Caan please contact Michelle Eliasson at Hamilton Bradshaw on 020 7399 6799 or me@hbpe.co.uk. For full information on the categories and judging criteria visit www.iawards.org.uk The awards will be judged by a high profile, cross industry, judging panel led by James Caan. Full panel to be announced shortly. The Department for Business Innovation and Skills will promote open and competitive markets, proportionate regulation, an enterprise and innovation culture, skilled people, thriving universities, life-long learning and world-class science, technology and research. About James Caan About UK Trade & Investment (UKTI): UK Trade & Investment is the UK Government's international business development organisation, supporting businesses seeking to establish in the UK and helping UK companies grow internationally. The services offered by UK Trade & Investment bring together a network of business sector specialists and support teams across England and in British diplomatic posts in some 100 markets all around the world. UK Trade & Investment works with a wide range of partner organisations in the UK, including other Government departments, RDAs and the Devolved Administrations, Business Links, Chambers of Commerce and trade associations. For more information, visit the web site at www.uktradeinvest.gov.uk Visit the online newsroom at http://www.newsroom.uktradeinvest.gov.uk
About the Department for Business Innovation & Skills.
James Caan (formerly Nazim Khan, born 1960) is a British entrepreneur of Pakistani origin from Lahore. He is CEO of private equity firm Hamilton Bradshaw and has been building and selling businesses since 1985. In October 2007, Caan joined the panel of the fifth series of BBC Two's Dragons' Den. His successes include Alexander Mann, Humana International and AMS. Hamilton Bradshaw specialises in buyouts, venture capital, turnarounds, real estate investments and development in both the UK and Europe, investing up to £10 million in each individual transaction.
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