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Merseyside Innovation Awards

Merseyside Innovation Awards

19/01/16

As one of the sponsors of the Merseyside Innovation Awards, WP Thompson is pleased to announce that 2016 competition is now open.

The Awards recognise and reward the use of innovation as a means of boosting growth and profitability on Merseyside and are driven by a group of locally-based sponsor organisations which offer practical support to the entrants.

The Awards celebrate an innovative product or process which has been developed, or is in development, and seek to understand the degree of innovation that has taken place, how it is protected (if applicable) and the impact of the product or process on the business and Merseyside.

The competition is open to any Merseyside-based individual or company having a turnover of less than £25 million, with an innovative product or service.

In a change to previous years, this year’s competition has two categories:

Merseyside Innovation Award (up to £1m turnover) 

This category is for companies with revenues up to £1m; the judges are happy to consider businesses which are in the pre-revenue stage as well. There is a prize for this category, which includes £10,000 cash for the winner, and £2,000 of consultancy services from the event sponsors for each of the runners up. Shortlisted contestants are given the opportunity to compete in the grand final in June 2016 and present their innovation to a distinguished panel of judges from across the commercial spectrum.

Merseyside Innovation Award (£1m to £25m turnover) 

This category is for companies with revenues between £1m and £25m. Winners of this category will receive the Prestige Award that rewards and recognises innovation in more established businesses.

Monthly winners are also selected from all of the applications by the sponsor group, with each monthly winner benefitting from free local PR and the opportunity to be part of the grand final in June 2016.

WP Thompson is proud to have sponsored the awards since 2007, and we look forward to the finals in the Summer.

Further details about the Merseyside Innovation Awards, including how to apply, can be found at http://www.merseysideinnovationawards.co.uk/home/.