The Corporate Entrepreneur Awards 2018: recognising the best in corporate innovation

Market Gravity was founded on the core belief that innovation isn’t just for start-ups. That big businesses too have brilliant ideas. And from the hard work and dedication of sometimes just a few people, new approaches, concepts, products, services, and ventures are created. The people behind this work, the corporate entrepreneurs, make customers’ lives easier. They are the individuals and teams that are creating change for a better future.

We created the Corporate Entrepreneur Awards to recognise the people behind the best in corporate innovation. And we’ve just opened the call for entries for the CEA 2018.

These awards, now in their 9th year highlight the technologies, innovations and teams that are driving businesses forward, and aim to inspire and encourage a community of corporate entrepreneurs to share in their success, their stories and best practice. And with new categories in 2018 - there are more opportunities to be recognised.

https://youtu.be/qQ74DxrrEBI

New award categories for 2018

Innovation doesn’t start and end with having something in market. And the CEA celebrates and recognises that across three main award categories.

They are:

THE DARE TO DEFY AWARD
DELIVERING DIFFERENTLY; WITH A NEW APPROACH
This award is to celebrate those who found a way to challenge harder, work faster and achieve more. It is for those who dare to take a new path and throw out the rule book to achieve their objective.

THE RISING STAR AWARD
A PROVEN CONCEPT; WITH THE POTENTIAL TO MAKE A SIGNIFICANT IMPACT
You’re not afraid to branch out and have a proven concept that’s ready to launch, and set to be groundbreaking. You know what you want to achieve and more importantly have taken on the challenge to make it a reality.

THE EXCELLENCE IN INNOVATION AWARD
REDEFINING A SPACE; AND LAUNCHING WITH IMPACT
For those who had the courage to deliver something truly unique and forge a better way. This award is for those who have turned a big idea into a true gamechanger.

THE FELLOWSHIP AWARD
CELEBRATING THOSE AROUND US; WHO DID IT DIFFERENTLY
Shining a light on other’s success is just as important as celebrating our own. It’s good to be around those that ‘get it’, those, who in their own way believe in the power and impact of collaboration, just like you do. This award is voted for online by our corporate entrepreneur community when the shortlist is announced.

Entries for the CEA 2018 close on 26th October. Nominee teams and special guests will be hosted at the CEA party which takes place on Thursday 22nd November at the Design Museum London.

CEA Hall of Fame

Over 30 brands have won a CEA. Our past winners include Clydesdale and Yorkshire Bank, the AA, Virgin Money, Telefonica, Dyson, Skoda, Castrol, Barclaycard, and the Lego Group. See the full Hall of Fame here.

The CEA party

Over 400 of the UK and Europe’s most creative, disruptive and entrepreneurial business leaders will enjoy an a fantastic CEA party which offers a great networking opportunity and the chance to learn from and share stories with other innovation experts from some of the world’s largest brands. This is not your average awards night – there are no round tables and no black ties required!

How to enter

If you, your team or another team in your business has created change, have a proven concept that has the potential to be game changing or created and launched a proposition to market, you could win an award. Enter online today – completing the simple entry form takes less than ten minutes.

Visit www.corporateentrepreneurawards.com for more information and to enter.

 


Celebrating the best in corporate innovation at the CEA 2017

Clydesdale and Yorkshire Bank, The AA, British Gas, ŠKODA, Ageas and rradar scoop CEA awards in what has been another incredible year of corporate innovation!

Market Gravity has announced the winners of the eighth annual CEA (Corporate Entrepreneur Awards) - the only event celebrating corporate innovation and corporate entrepreneurs, the individuals and teams behind the ideas remarking that “Science fiction is becoming science fact. It is the large, established businesses that are leading the way”.

The proposition design consultancy opened the nominations and voting out to the corporate entrepreneur community with shortlisted entries from big businesses in sectors such as retail, fintech, healthcare, telecoms, media, non-profit, banking, automotive, utilities, legal and wider technology which were then judged by an independent judging panel. Innovations needed to meet criteria such as differentiation, customer focus and demonstrable impact – both in the market and within the organisation.

Clydesdale and Yorkshire Bank scooped the top award for Best New Proposition for Studio B. Studio B brings together an in-branch open innovation lab (the first bank in the world to do so), a digitally led branch, and events space to create an exciting, engaging environment. It’s doubled B’s brand awareness in London, attracted the attention of global businesses and visitors and has been shortlisted for design awards. Clydesdale and Yorkshire Bank also scooped the Innovators' Choice award for Studio B which was voted for by guests on the night.

Clydesdale & Yorkshire Bank - 1st Place winners of the CEA 2017 Best New Proposition & Innovators' Choice awards for Studio B

Second place was awarded to The AA for Car Genie which was launched exclusively to AA members this year. From helping to prevent breakdowns to tracking the location of a customer’s car, this engaging multipurpose connected car solution is helping to engage customers and staff alike. And it can be set up by the customer in their specific vehicle, in under one minute.

The AA team - CEA 2017 2nd place winners of the Best New Proposition for Car Genie

Third place was awarded to the Local Heroes team from British Gas. Local Heroes offers jobs completed in the home; booked within 30 seconds online and backed by a 12 month British Gas guarantee. Since launch it has consistently achieved a Net Promoter Score in the 80s and bought 30,000 new-to-brand customers into the British Gas eco-system.

British Gas Local Heroes - 3rd place CEA 2017 winners for Best New Proposition for Local Heroes

Three brands also achieved a huge number of peer votes and a strong response from the judging panel and were Highly Commended. These were:

ŠKODA for ŠKODA Live Tour which connects customers through live video streaming to a Live Tour showroom, where a Product Host uses a mixture of cameras to showcase ŠKODA cars in HD detail is on-hand to answer questions.

ŠKODA - Highly Commended at the CEA 2017 for ŠKODA Live Tour

Ageas for Elastic – a more flexible home insurance that fits with people’s lives. Just like the Netflix of home insurance, it just keeps rolling on a monthly basis. You don’t get tied into an annual contract and can choose monthly price plans.

Ageas - Highly Commended at the CEA 2017 for Elastic

rradar for rradargrace and rradarstation - a virtual assistant, powered by AI and machine learning, that provides simple answers to complex legal and HR questions. 60,000 businesses can now access rradar’s 24/7 and unlimited risk management advice and business protection for Legal, HR, Claims and Regulatory Investigations.

rradar - Highly Commended at the CEA 2017 for rradarstation and rradargrace

It’s been an incredible year of innovation.

In the past 12 months both Amazon and Google helped us talk to our homes. Dyson and Volvo announced their commitment to electric cars. And marking the tenth anniversary of the original, Apple released the iPhone Ten.

Peter Sayburn, CEO and founding partner for Market Gravity, says: “Bigger and better than ever, the CEAs have steadily become THE event for big company innovation. Everyone that enters the awards and guests that join us at the CEA party truly represent the pinnacle of corporate entrepreneurship”.

“We started this event eight years ago with a clear purpose. That purpose still makes sense today. We believe in the positive power of entrepreneurship. And we believe that entrepreneurship is alive and well in established organisations, as well as start-ups. So good to see that our previous year’s winners too are going from strength to strength, a few of which joined us at the event tonight”.

“2017 has been a big year for Market Gravity! We now have over 60 people in our five locations around the world. We helped our fantastic clients to design and launch dozens of new propositions for their customers. And in June this year, in recognition of our amazing team and the great work that we have done together, we because part of Deloitte - the world’s leading professional services business”.

 

The CEA is a showcase of the best in big company innovation and they recognise the incredible commitment and achievement of the teams that deliver it. The people behind the ideas.

The award ceremony took place on 23rd November 2017 at the Design Museum, London with over 300 of Europe’s most creative, disruptive and entrepreneurial business leaders from over 100 brands attending the unique event.

You can find out more details about the CEAs and how to enter at www.corporateentrepreneurawards.com.

 


We do!

We know how much work it takes to create and launch a new proposition. And that’s why each year we take time to celebrate and recognise the best in big business innovation at the Market Gravity Corporate Entrepreneur Awards (CEA).

This Thursday, the 23rd November 2017, over 300 corporate innovators from over 100 of the world’s biggest brands will gather at the Design Museum, London for the 8th annual Market Gravity Corporate Entrepreneur Awards (CEA) party.

Here’s a taste of what’s to come on the night!

The Awards presentation

This year’s nominations came from a range of industry sectors including energy, healthcare, non-profit, financial services, telecoms and media. The CEA winners have been decided through a combination of public voting and our independent judging panel, and will be revealed on stage at 8.15pm! Preview all the nominees here.

Innovators’ Choice Award

All our 2017 nominees have a chance to win the Innovators’ Choice Award! Guests can cast their votes from 7-8pm on the night.

MG Hammertime

Guests can come and chat to the Market Gravity team in the MG Hammertime area about innovation, and how to inject an entrepreneurial spirit into big businesses innovation projects. There’s also a chance for guests to have their photo taken on the largest hammer ever to have graced the Design Museum!

Deloitte Digital TechZone – Building the Future of Experience

There’s a new TechZone to be explored this year where the possibilities of the latest tech and its impact on business will come alive! Guests will discover the future of an immersive and enhanced experience through Deloitte Digital’s emerging technology and trend showcases.

The ‘Connected Industry’ space showcases the possibilities of Industry 4.0 manufacturing sensors including automation, RFiD, robotics, artificial intelligence, sensors, data analytics, sharing economy and blockchain, that are now impacting organisations both across their end to end supply chains and within their factories.

The Connected Supply Chain is an industry agnostic demonstrator that every business can relate to. Guests will see the stages of the supply chain represented by physical assets that come to life throughout the journey. Interact with key challenges and statistics impacting each stage of the supply chain, and join the conversation around industry leading case studies.

The ‘Smart Spaces’ demonstration showcases the power of the Internet of Things (IoT) and an increasingly connected world by utilising live data of the surrounding environment. Track people traffic, movement of products and use data to enhance decision making and experience journeys with emerging technologies.

Through the ‘Augmented Human’ guests will discover how new technologies are blurring the boundaries of our physical and digital worlds… guests will be challenged to beat the clock and save the day with smart tech prizes up for grabs!

 

And of course there will be plenty of chance to chat, make new connections, eat and drink in our fantastic venue - the Design Museum!

 

Stay in touch and join in the conversation:

@MG_CEAs
#CEA2017
cea@marketgravity.com

 

Checkout the highlights video from the CEA 2016 below!


Meet the CEA 2017 Judges

The Market Gravity Corporate Entrepreneur Awards 2017 (CEA) is nearly here! On the 23rd November c. 300 guests from some of the world's largest global brands such as Vodafone, Jaguar Land Rover, Talk Talk, Bupa, Carlsberg, Cisco and HSBC will join us for an evening that recognises the people and teams behind some of the world’s best innovation. From breakthrough new products and services, to standout new ventures and businesses, CEA is an event like no other.

This year, the CEA winners are selected by a combination of public votes and an independent judging panel, formed of academics, practitioners and pioneers who we're excited to introduce below!

Amelia Kallman
Futurist, Consultant, Speaker

As an innovation and technology communicator, Amelia regularly writes and speaks on the future of business and brand experiences. Curator of international tech labs and exhibitions, she works with start-ups and corporate clients to make connections and future-proof strategies. She has lectured at Cambridge University, written an award-winning book, and directed the first burlesque show in Virtual Reality. Her writing is often featured in IBC365, WIRED UK, The Huffington Post, Forbes, and Fresh Business Thinking.

www.ameliakallman.com @AmeliaKallman

Iain Gibbons
Futures Director, Thomas Cook

Iain has extensive innovation and creative change experience. He began his career in advertising, becoming Managing Director of McCann-Erickson in 1999 where he developed the Bentley Knowledge Bank program. He then founded Mobious, a multi award winning digital marketing agency where he worked with brands such as Carling, Sky, Ladbrokes, Sage and Virgin. After selling Mobious in 2013 Iain joined the senior leadership team of Virgin Money as Customer Proposition Director where he led the development of the award winning Mortgage Lab. He is currently Futures Director for Thomas Cook Money, leading on innovation across finance and insurance for the business.

Dr. Muhammad Azam Roomi
Professor of Entrepreneurship and Business Growth; Vice Dean of Faculty, Research and Executive Education at the Prince Muhammad bin Salman College of Business and Entrepreneurship (MBSC).

Dr. Roomi is a passionate “entrepreneurial mindset activator” and has successfully conceptualised, designed, and conducted training and development programs for entrepreneurship development and business growth for over 50 global clients. He has consulted for national governments including the UK, Qatar, Oman, Bangladesh, Malaysia, Pakistan, Vietnam, and Honduras: for multilateral development agencies, and a range of private commercial organisations. His innovative teaching and capacity building pedagogies have earned him global recognition. Being the recipient of several international teaching and research awards, he is a recognised thought leader and prize-winning author in his field of practice.

Alex Marsh
Managing Director, Close Brothers Retail Finance

Alex Marsh is an inquisitive and passionate intrapreneur and business leader, with a proven track record across multiple disciplines of developing and executing strategies that deliver rapid yet sustainable transformation and growth. He is currently the Managing Director of Close Brothers Retail Finance, a fast growing and multi-award winning consumer finance business that helps specialist retailers unlock growth. Outside of work, Alex is passionate about encouraging education and development for young people, acting as a Chair of Governors for a large comprehensive secondary school in his home town of Brighton, mentoring both individuals and teams, and volunteers for a number of charities that support education. He also enjoys long-distance running and recently led a team to complete a 100km ultra-marathon for charity.

Joe Norburn
Head of Digital, Innovation, Business & Client Experience, Development, Coutts.

Joe joined Coutts in October 2011. He is the Head of Digital, Innovation, Business Development and Client Experience and a member of the Executive Committee. Joe has worked in banking and security for the online environment for more than 20 years, and has previously held a number of digital roles within RBS. Prior to Coutts, Joe spent five years as Managing Director for EMEA & Asia Pacific and as Global Head of Customer Relationships at IdenTrust. Joe holds an MBA and is married with two daughters.

 

Danielle Winandy
Head of RISK Innovation Office chez BNP Paribas

Danielle is a serial intrapreneur, with an experience of 10 years on Financial Services and eight years on innovation. She put in place Gate4 (an internal crowdfunding/sourcing platform for intrapreneurs), Lumen (a collective with other external companies to create a real status for the intrapreneurs (they are creating new laws about this topic in the French Market), and the intellectual property around intrapreneurs. She created Innovation Factory @ Securities Services. Last but not least, Danielle is certified on Disruption Strategy by Harvard Business School.

 

If you're a big business innovator and corporate entrepreneur, and would like to join us at the CEA party on the 23rd November at the Design Museum, please email fiona.elkins@marketgravity.com to request your ticket and for more information.

Visit corporateentrepreneurawards.com for further info about the CEA.


The CEA 2017: Nominations for Best New Proposition

This year’s call for nominations across several industry sectors is seeing some fantastic entries. As the voting deadline falls closer (27th October!), here’s a sneak peak at a few of them! Meet the big businesses who are launching new innovations and creating an impact in their industry.

The AA: Car Genie

Car Genie, one of the first consumer-led offerings in the telematics space, is a connected car device that plugs into a car’s on-board diagnostics port with a range of benefits for the driver and society at large. This smart little device:

  • Prevents 1 in 3 breakdowns from happening
  • Knows your car’s location so you can find it or see if it’s been moved
  • Detects a crash and triggering a call from us to help
  • Offers fuel efficiency tips, interactive maps and recording your trips

The customer simply checks compatibility for their vehicle online, buys the product, downloads the app, plugs in the device and they're all set.

Watch the video here.

Sky: Sky Mobile

Sky Mobile has been designed to reflect the way consumers use their phones today, offering flexibility, great value and ensuring that customers don’t waste paying for data they don’t use or need.

Sky launched SIM only plans in January 2017, which included the Mix, Roll and Sync propositions.

Customers can mix up their data, calls and texts to create a monthly plan that’s right for them. They can change their plan whenever they like so they only pay for what they need. In addition, Sky TV customers, can enjoy free unlimited UK calls and texts.

Roll enables customers to roll over any unused data for up to three years. There’s no limit to the amount customers can store and they can dip into their online Sky Piggy Bank whenever they like.

Swap gives customers the opportunity to get the latest phone every year with Swap12 or to get our lowest monthly price on bestselling phones with Swap24.

Post Office: Over 50’s Motor Insurance

The Post Office Insurance team wanted to deliver a proposition that the over 50’s segment truly valued. The result? A proposition that offers a range of benefits for this particular customer segment. Customers are guaranteed a saving of at least £50 compared to their existing provider’s best offer with customers often saving much more. The well-researched range of extended protection features such as a no claims discount and excess protection following a non-fault accident with an uninsured driver or following a vandalism claim; £150 child car seat cover for parents and grandparents; and £250 to cover hotel expense or alternative accommodation.

O2: O2 Drive

By using the mobile signal from a customer’s O2 mobile phone, O2 Drive builds a pattern of the customer’s journeys and prices each policy based on the individual’s driving behaviour. Customers can use the driving app to track their performance, provide hints and tips on improvements and even run competitions rewarding customers for safer driving.If a driver understands how they’re driving - they have more control over safety and reduce the likelihood of having a claim and keep their insurance costs as low as possible.

Customers also have access to Car Assistant - a service that makes car maintenance easier. Customers can arrange repairs and services through the assistant, who will secure a competitive price at a local garage and book the work for them.

PS Energy UK (subsidiary of nPower): Powershop

Powershop is not only new, it’s unique. It treats electricity like other consumer goods, allowing customers to purchase as much as they want, when they want. So, for the first time people can now buy energy in the same way that they fill up their car with as much fuel as they need, or stop off for milk when they’re running low. Most energy providers charge a fixed amount every month, which is often based on an estimated meter reading. If this doesn’t cover all the energy used the customer will receive an unexpected bill to make up the shortfall.

Powershop is different, because it gives customers the power to actively manage their account online, or via a free mobile app. So, there are no nasty surprises. And, it gives them the opportunity to make savings against its standard rate by buying discounted bundles of energy called Powerpacks. The more of their usage they cover with Powerpacks – the more they can save. In short, with Powershop, it’s the customer and not the energy provider that’s in control.

GreenFlag: Alert Me!

GreenFlag Alert me was the first successful rescue telematics product to hit the market. GreenFlag AlertMe uses state of the art telematics technology to integrate with a vehicle’s Engine Management and Power Management Systems and translate automotive engineering into easy to understand customer directives through the GreenFlag App.

AlertMe has two primary functions: 1) It monitors the health of the vehicle’s battery and can predict failure before the battery lets the motorist down so they can take preventative action and avoid a breakdown. 2) It connects to the engine management system and translates the meaning of the Engine Management Lamp illumination into one of 16 directives, some of which are safe for the vehicle to be driven to a repairer therefore saving the customer time waiting at the roadside.

HSBC: Beta

HSBC Beta offers a range of innovative new features that give customers more control over their money. HSBC Beta, announced to the press in September 2017, is a trial environment that allows the business to test and iterate a new mobile banking proposition. It is part of HSBC UK’s response to the increasingly competitive, digitally-driven, “open banking” world and reflects an understanding of our customers’ ever-changing relationship with money and their financial needs.

The initial release allows customers to aggregate all their accounts on one screen no matter who they bank with. Customers can add accounts from up to 21 different banks including Santander, Lloyds and Barclays and allows users to see not only their current account but credit cards, loans, mortgages and savings too.

Over the next few months, new features will be added to Beta, including a spend analysis and a digital coach so users can learn how to spend and save better.

British Gas: Local Heroes

Local Heroes offers customers jobs completed in the home, booked within 30 seconds online and backed by a 12 month British Gas guarantee. The service provides customers with price estimates before jobs, has no call out charge, offers online payment and provides the best of both worlds – local service with national backing. The service also provides a new generation of tradespeople that want jobs, on their terms, with flexibility and without having to pay for leads.

The On Demand home services market before this proposition lacked a provider that offered customers an end-to-end digital experience with robust customer support and quality. The market was really limited to directory websites and lead generation sites who had no real ‘skin in the game’ to ensure that the service quality was high. Local Heroes offers that end-to-end journey that others haven’t dared to do. For tradespeople, there were many models which insisted on high membership fees and charges for leads that might not convert, Local Heroes offers a new way of engaging with the market and paying only for the jobs you complete.

The Market Gravity Corporate Entrepreneur Awards

Now in its 8th year, the Market Gravity Corporate Entrepreneur Awards highlight and celebrate the technologies, innovations and teams that are driving businesses forward, and aim to inspire and encourage a community of corporate entrepreneurs to share best practice.

Visit www.corporateentrepreneurawards.com for more information.

 


NEWS: Corporate Entrepreneur Awards 2017 Nominations are open

Big businesses are beginning to exploit the opportunities presented by new technologies, such as the Internet of Things, Artificial Intelligence, Virtual Reality and blockchain to create new products and services to meet customer needs and make their lives easier. To recognise the individuals and teams behind these exciting new developments, Market Gravity has opened the call for entries for the eighth annual Corporate Entrepreneur Awards (CEA).

These established awards highlight the technologies, innovations and teams that are driving businesses forward, and aim to inspire and encourage a community of corporate entrepreneurs to share best practice.

Call for nominations

Market Gravity is calling for nominations in several industry sectors including life sciences and healthcare, technology, media and telecoms, energy, financial services, public sector and non-profit, automotive, manufacturing and industry, and retail, FMCG and consumer products. Best New Proposition awards will be presented to winners across each sector with one overall winner scooping the Best New Proposition of 2017.

Nominations close on 27th October and voting begins on 30th October on the CEA website. A judging panel will debate and decide on the final winners announced at the awards ceremony, taking place on Thursday 23rd November at the Design Museum London.

Past winners include Clydesdale and Yorkshire Bank, Virgin Money, Close Brothers Retail Finance, HomeServe Labs, Dyson, Castrol, Barclaycard, and the Lego Group.

Peter Sayburn, CEO at Market Gravity, says: “Now in its eighth year, these awards recognise and celebrate ground-breaking ideas, products and services that really are changing the status quo. The standard of big business innovation and the adoption of new technology is outstanding and corporate entrepreneurs, also known as intrapreneurs, are bringing new concepts and ideas to large organisations and getting them to market faster than ever before.

“The team at Market Gravity specialises in innovation; creating and launching new propositions and ventures with some of the world’s largest companies. We work alongside some brilliant teams across a range of sectors, helping them to create and launch new products and services that are improving their customers’ lives and helping achieve commercial growth. It's always great to bring together the best innovators from big businesses at the awards. We’re looking for differentiation, customer focus and impact and are inviting companies to nominate their new products, services and ventures into the awards  - we wish everyone the very best of luck.”

 

During the ceremony on 23d November, around 300 of the UK’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 from some of the world’s largest brands. There will also be a tech zone showcasing examples of the latest technology and the impact it can have, with a competition to win one an Oculus Rift.

How to enter

If you or your team have launched a new product, service or business that you’re really proud of in the last 12 months, enter the Corporate Entrepreneur Awards at corporateentrepreneurawards.com

The deadline for entries is 27th October 2017.


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