Applications for the newly branded IOP (Institute of Physics) Business Awards are now officially open.

The IOP Business Innovation Award and the new Business Start-Up Award are the only awards in the UK and Ireland recognising companies that have built success on the innovative application of physics.

• The Business Innovation Award recognises and celebrates small, medium and large companies that have excelled in innovation, delivering significant economic and/or societal impact through the application of physics.
• The Business Start-Up Award recognises and celebrates young companies with a great business idea founded on a physics invention, with a great business growth potential and or the potential of significant societal impact.

Winners will be presented with a distinctive trophy at a high-profile parliamentary reception attended by senior figures from government and industry, and will have the chance to bring a team to the awards dinner – the community’s annual celebration of the very best of physics.

Winning an award provides value to both the business and the individuals / team involved by:

  • Raising company, subsidiary and / or team profile, boosting motivation amongst the team.
  • Increasing confidence in¬†the business’ innovation, especially with new customers.
  • Providing collateral to enhance funding and investment applications for future developments
  • Highlighting that the company excels in the commercial application of physics providing¬†useful evidence to attract the recruitment of talented young physicists.

Here’s what some previous winners had to say:

“It gave the ZephIR team a big boost to win an IOP Innovation Award in 2013, recognising our pioneering work in the development of lidar for the wind industry. We continue even now to enjoy the benefit to our reputation with customers”.
Michael Harris, chief scientist, ZephIR

“Jaguar Land Rover is committed to original research that improves our customers’ experiences. We are delighted to receive this prestigious award.”
Antony Harper, Head of Research, Jaguar Land Rover

“The IOP Business Innovation Award is the most credible award that Coherent Scotland has won, it is the one we are most proud of.”
Chris Dorman, vice president, Coherent Scotland

It’s easy to submit an entry. Find out more here ‚Äì and apply online before 18 May 2018. If you would like to discuss your application please contact business.awards@iop.org .

This year’s judging panel includes Chris Warkup, CEO of the Knowledge Transfer Network.

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