THE AWARDS CII Industrial Innovation Awards Grand Award CII Industrial Innovation Awards is the recognition & celebration of innovative Indian enterprises across industry segments. These premier awards seek to recognize and honour the Indian Industry s brightest stars and to identify and announce the top 25 Innovative Organizations in India. This is your opportunity to shine and be known nationally and internationally for your Innovation Excellence. The purpose of the award is to encourage innovation and business growth, and recognize innovation excellence without being judgemental about the kind and nature of innovation. The awards are open to any kind of process, product, service, technological or any other type innovation that have fuelled growth through new ideas and approaches along with tangible results in the preceding years. You simply have to name it and we will assess it based on its individual merit. The first CII Industrial Innovation Awards was a grand success for the quality of applications, the robustness and thoroughness of the process and the illustrious constellation of experts in technology, business and innovation as the Jury. As another first, from this year CII is introducing a special category for the start-ups. The most innovative company of the year Manufacturing Sector Large Micro & Small Services Sector Large Micro & Small The most innovative start-up of the year Medium Start-up Medium Start-up
What are we looking for The jury for the CII Industrial Innovation Awards will consider the impact of innovation or an innovative approach in the context of innovation example cited by you. They will be looking for evidences of: 1. How did your innovation create a competitive advantage? What is the nature of the competitive advantage? 2. How did your innovation helped in growth? 3. Did your innovation help you to increase your market share and how? 4. Does your innovation continue to improve financial performance? 5. Did your innovation enhance operational effectiveness? 6. Did your innovation help to significantly improve customer engagement? 7. Did your innovation transform the industry sector you are operating in? 8. Did your innovation changed the way things are done in your industry? 9. How the innovation was developed and applied? 10. Do strong leadership and effective innovation management support your innovation pursuit? 11. Does your innovation enable a long-term advantage for your company and how? 12. Does your innovation enhance your intellectual property? How much and how long? Start-up Category The start-up awards is a special new category within the CII Industrial Innovation Awards initiated to applaud and reward innovative start-ups to make the next leap forward. The awards will be an effective platform for new ventures to gain momentum and will serve as example to inspire innovation. This category encourages all kinds of ground breaking and transformational ideas. The awards are not limited to a few perceived hi-tech areas such as Internet or biotechnology, but extends to all sectors be it profit or non-profit, private or government, education or business, healthcare or agriculture, manufacturing or services. Who can Apply The awards are open to large, medium and small businesses in manufacturing and services sector. Any private, public or non-profit entity incorporated in India regardless of its size can apply for the CII Industrial Innovation Awards. The innovation examples cited in the application should have been realized in the year 2013 or 2014 or 2015. It does not matter how many years previous to its realization it was in the making. Who can Apply Start up category A start-up is a legal entity with a lifespan not exceeding 5 years, has a disruptive solution beyond the idea stage, addresses a clear opportunity, and has a scalable transactional model. Entries are welcome from all kinds of start-ups, which confirm largely to this criteria. Exceptions are permitted, subject to the CII Industrial Innovation Awards Secretariat affirmation.
Application Process The process for determining the top award and the list of top 25 innovative companies uses a rigorous framework while allowing the flexibility for the applicant to be assessed on their own merits. The unbiased and objective assessment process measures the innovation and its impact and assesses the innovation framework in an organization looking for proactive and structured innovation processes. The assessment process for the CII Innovation Awards is a five-stage funnel process. Initial Application The initial application is in the form of an abstract submission for primary assessment. Main Application The applicants qualified through the Initial Application will submit the Main Application Form. Assessor Visit A site visit by an assessor to corroborate contents presented in the main application. The assessors will not be evaluating, but merely reporting their observations. First Jury The jury assembled for this stage will assess the contents of main applications along with the site visit comments of the assessor and determine applicants to be recommended for the Grand Jury Grand Jury A grand jury comprising of Indian and International experts will determine the Top 25 list and will decide the award winning organization in each of the awards category. In the above flow the start-up category follows the same process till the main application stage. After the main application stage a separate start-up jury will be organized to decide the winners in this category.
Assessment Criteria The application form has been designed to draw out achievements of the applicants on their own terms. For each entry the jury will assess the applications on its own merit vis-àvis the stated evaluation criteria for that stage. The usage of the term innovation is quite broad. It could denote innovation in terms of product, service, process, new venture, business model or any other form of innovation as envisaged by the applicant. Assessment Criteria for Initial Application Quality of Innovation Applicability of Innovation Potential and / or actual Market Impact Assessment Criteria for Main Application Innovation (40%) The innovation is unique. It moves away from the convention and breaks new ground. It goes beyond incremental improvements, beyond something that exists. The innovation has altered the market or has given birth to a totally new market. Impact (40%) The innovation will have a game changing future impact in its domain of operation or will impact the way things are done in that industry. Innovation Framework (20%) The organization leadership is committed to the pursuit of innovation and is personally involved in creating and sustaining an innovation culture with clearly identified processes that are internalized and practiced throughout the innovation chain. Assessment Criteria for Start-up Category Assessment Criteria for Initial Application The jury for the CII Industrial Innovation Awards: Start-up Category is looking for The problem that you are solving through your unique solution and its impact on the people it is meant for Evidence beyond the idea stage that demonstrates scalable solution with global ambition Clear go-to-market strategy Assessment Criteria for Main Application Innovation (40%) The innovation that is potentially disruptive or transformative. It is an exciting idea that moves away from the convention and breaks new ground. The innovation has been able to uncover unmet user needs and has been able to convert the identified need in to an actual offering Market Opportunity (30%) The innovation has the capability to alter the market or has the capability to give rise to a totally new market and has a robust go-to-market strategy or an innovative business model. Impact (30%) The innovation will have a game changing future impact in its domain of operation or will impact the way things are done in that industry.
Application Fees CII Industrial Innovation Awards Type of Applicant Application Fees Initial Application Large INR 10, 000 Medium INR 5, 000 Micro and Small INR 2, 500 Start-up INR 1, 000 Main Application Large INR 1, 00, 000 Medium INR 50, 000 Micro and Small INR 25, 000 Start-up INR 5, 000 Schedule Milestone Date Announcement for submission of Initial Application (all categories) May 01, 2015 Last Date for submission of Initial Application along with application fee (all categories) Jun 30, 2015 Results of Initial Application Stage (all categories) Jul 25, 2015 Start of submission for Main Application (all categories) Aug 01, 2015 Last Date for submission of Main Application along with application fee (all categories) Aug 31, 2015 Period for Assessor Visits (Not applicable for Start-up category) Sep 02 Oct 05, 2015 Start-up Jury (Start-up category) Sep 15, 2015 First Jury (Not applicable for Start-up category) Oct 09, 2015 Grand Jury (Not applicable for Start-up category) Oct 30, 2015 Announcement of CII Innovation Awards (all categories)* At Knowledgexpo 2015 * The award ceremony date is subject to change and will be announced at least one month prior to the date of the event. ** All applications to be considered for further processing subject to realization of the full application fees in time.
The Grand Jury For initial application, main application and site assessment the jury will comprise of innovation experts chosen from the world of academia and consulting with established credentials. The Grand Jury will comprise of leading national and international experts with a significant experience in promoting innovation. A special jury will be constituted for the start-up category. The jury will comprise of innovation experts who understand the trial and tribulations of a start-up, who have an uncommon sense to see the potential of an idea when they see one. Benefits Instituted as an annual feature or businesses operating in India, the awards will be a most influential assessment methods for innovation in India. Applicant organizations will be able to benchmark themselves against the top performers from across the industries and sectors and would have an opportunity to get recognized amongst the very best of Indian industry environment. The awards will bring significant benefits to the applicant organization by way of being known as an innovation driven organization thus influencing all its stakeholders positively. Winners of the award will: Enjoy extensive media coverage and publicity through the CII channels Receive CII Industrial Innovation Awards logo which they can display on their collaterals, communication channels such as advertisements, website, etc. Get invited and featured in various CII Events nationally and internationally Even if you do not win the award, being selected for the Main application round or listed amongst the top 25 innovative company will identify you as an innovation driven organization.
The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the development of India, partnering industry, Government, and civil society, through advisory and consultative processes. CII is a non-government, not-for-profit, industry-led and industry-managed organization, playing a proactive role in India's development process. Founded in 1895, India's premier business association has over 7200 members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 100,000 enterprises from around 242 national and regional sectoral industry bodies. CII charts change by working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness and business opportunities for industry through a range of specialized services and strategic global linkages. It also provides a platform for consensus-building and networking on key issues. Extending its agenda beyond business, CII assists industry to identify and execute corporate citizenship programmes. Partnerships with civil society organizations carry forward corporate initiatives for integrated and inclusive development across diverse domains including affirmative action, healthcare, education, livelihood, diversity management, skill development, empowerment of women, and water, to name a few. The CII theme of Accelerating Growth, Creating Employment for 2014-15 aims to strengthen a growth process that meets the aspirations of today s India. During the year, CII will specially focus on economic growth, education, skill development, manufacturing, investments, ease of doing business, export competitiveness, legal and regulatory architecture, labour law reforms and entrepreneurship as growth enablers. With 64 offices, including 9 Centres of Excellence, in India, and 7 overseas offices in Australia, China, Egypt, France, Singapore, UK, and USA, as well as institutional partnerships with 312 counterpart organizations in 106 countries, CII serves as a reference point for Indian industry and the international business community. For queries, please contact: Confederation of Indian Industry 3rd Floor, IGSSS Building, 28 Institutional Area, Lodi Road Phone: +91 11 45772017 Mobile: +91 9555507674 Email: gaurav.gupta@cii.in. Web: http://innovationawards.ciiinnovation.in/ FOLLOW US ON www.mycii.in