NEWS: Europe’s top innovators celebrated at the Corporate Entrepreneur Awards

Virgin Money, Clydesdale and Yorkshire Banking Group, HomeServe Labs
and Close Brothers Retail Finance scoop awards in what has been an extraordinary year of innovation.

Market Gravity has announced the winners of the seventh annual Corporate Entrepreneur Awards – celebrating big business innovation and the individuals and teams behind these exciting new projects, with organisers remarking that 2016 had been “an extraordinary year of big business innovation”.

The proposition design consultancy opened the nominations and voting out to the UK corporate entrepreneur community with shortlisted entries from big businesses in sectors such as fintech and banking, retail, utilities, automotive, media and wider technology.

Virgin Money scooped the award for Innovation Culture for The Mortgage Lab. This award recognises strong innovation culture and leadership from a big business and Virgin Money overhauled its intermediary mortgage proposition, creating a manifesto for its brokers to deliver on a series of commitments and enhance the mortgage experience for intermediaries.

Iain Gibbons and Dan Ilet from Virgin Money collect the Innovation Culture award
Iain Gibbons and Dan Ilet from Virgin Money collect the Innovation Culture award

The award for New Challenger was presented to Clydesdale and Yorkshire Banking Group (CYBG) for the launch of B – a new digital banking app that uses artificial intelligence to help customers manage their finances. With the rise of challenger banks disrupting the financial sector, CYBG demonstrated how an established player can become a challenger, attract a new audience, while still keeping its heritage and loyal customer following.

Laura Davidson, David Judic and Emma Ramsay from CYBG pick up the New Challenger award
Laura Davidson, David Judic and Emma Ramsay from CYBG pick up the New Challenger award

HomeServe Labs, one of the UK’s leading home assistance providers, secured the award for best new product or service with Leakbot – a smart water leak detector that detects leaks in the home using intelligent technology without the need for professional installation. Part of HomeServe, HomeServe Labs is a smart home technology developer that designs products and services which makes consumers’ lives easier, and is currently working on more exiting new products for connected homes.

Kerry Horton, Greg Reed, Mo Mahmood and team collect the award for best New Product or Service for HomeServe Labs Leakbot
Kerry Horton, Greg Reed, Mo Mahmood and team collect the award for best New Product or Service for HomeServe Labs Leakbot

The new business launch award went to Close Brothers Retail Finance, a new business that helps retailers of all sizes to grow through an exceptional new finance offering that allows their customers to easily spread the cost of their purchase over time. It aims to help drive innovation in the retail sector to make retailers of all sizes more competitive and to help them grow and adapt in an increasingly digital world.

Arline Sperryn-Jones, Charlie Gibson, KevinWard, Michael Aydeniz, Nick Harkin, Paul Barclay, Samantha Mc Carthy and Simon Hayter from Close Brothers pick up the best New Business Award
Arline Sperryn-Jones, Charlie Gibson, Kevin Ward, Michael Aydeniz, Nick Harkin, Samantha McCarthy and Simon Hayter from Close Brothers pick up the best New Business Award

Innovation has been the buzzword of 2016 with the launch of hundreds of exciting new products and services from big businesses around the UK. With the rise of the Internet of Things, Artificial Intelligence, Virtual Reality, omnichannel retail, challenger banks and Pokemon Go, technology is advancing the way businesses and consumers interact, operate, and live their lives.

Robin Scarborough, Partner and Managing Director of Market Gravity in London, says: “These awards recognise game-changing products and services delivered by large organisations. It’s been another impressive year for big business innovation and great to see how they’re using the latest developments in technology in their new ventures and propositions. It’s really exciting to see so many New Challengers coming through and stepping up to the mark, in areas such as fintech, connected homes, and retail.

“The finalists in each category demonstrated creative thinking in response to them identifying a gap in their market to meet their customers’ needs. The level of innovation was so impressive and showed a real commitment to evolving existing business models to better cater to the needs of their customers.”

“Corporate entrepreneurs, or intrapreneurs, are bringing new concepts and ideas to large organisations, injecting a startup mentality, and introducing agile working methods to design and launch new products and services to allow them to maintain a competitive edge. We work alongside some brilliant teams across a range of sectors, helping big companies to create and launch new products and services for commercial growth and it's always great to get together with these innovators at the awards. Our congratulations go to all the winners and their fantastic projects as well as to all the shortlisted companies.”

The award ceremony took place on 20th October at Kings Place, London, and around 200 of the UK’s most creative, disruptive and entrepreneurial business leaders attended the unique event. Checkout the two minute highlights video below!

 

For more information about the awards - visit the website corporateentrepreneurawards.com

 


NEWS: Showcasing big business innovation at the Corporate Entrepreneur Awards 2016

Innovation has been the buzzword of 2016 with the launch of hundreds of exciting new products and services from big businesses around the UK. With the rise of the Internet of Things, Artificial Intelligence, Virtual Reality, omnichannel retail, challenger banks and Pokemon Go, technology is advancing the way businesses and consumers interact, operate, and live their lives. Big businesses are starting to behave in new ways, pushing boundaries even harder to get new propositions launched in market and are challenging the status quo.

To celebrate big business innovation and recognise the individuals and teams behind these exciting new developments, we are preparing for our seventh annual Corporate Entrepreneur Awards. Entries are now open for the awards from multiple sectors including fintech and banking, retail, utilities, automotive and wider technology. Categories include: New Product or Service, New Business Launch, Innovation Culture, and New Challenger.

KLM, Virgin Money, Clydesdale and Yorkshire Banking Group, RBS and o2 have already entered and past winners include Dyson, Castrol, Barclaycard, Pearson and LEGO.

The Corporate Entrepreneur Awards recognise ground-breaking ideas and game-changing products and services delivered by large organisations. The standard of big business innovation and new developments in technology is outstanding and often goes unrecognised. It’s really exciting to see New Challengers coming through and stepping up to the mark, in sectors such as fintech, connected homes and cars, and retail.

Corporate entrepreneurs, or intrapreneurs, are bringing new concepts and ideas to large organisations, injecting a startup mentality, adopting agile working methods to design and launch new products and services to allow them to maintain a competitive edge.

The awards event takes place from 6pm on Thursday 20th October at Kings Place, 90 York Way, London, and we will announce and celebrate the winners in each of the four categories. During the evening, around 200 of the Europe's most creative, disruptive and entrepreneurial business leaders will enjoy an informal party offering a great networking opportunity and the chance to learn from other innovation experts as well as see some of the propositions showcased by the nominees.

To enter the Corporate Entrepreneur Awards, or to vote for your favourite nominee, visit corporateentrepreneurawards.com

The deadline for entries is 19th October 2016.

We wish all entrants the very best of luck and we look forward to seeing you there!