Competition in the Field of Innovation & Business and the Chance to Win Valuable Awards FT and IFC

The Transformational Business Awards are open to all financial and non-financial private sector organizations, as well as NGOs that can meet the judging criteria. The aim of this competition is to recognize, showcase and reward private sector innovation, impact, replicability, financial viability, and sustainability across a number of key areas. The emphasis this year is on addressing climate change, and business models to achieve impact and scale, and achieving best practices in impact and gender-lens investing.

Categories:

• Transformational Climate Change Solutions.
• Transformational Technology Solutions.
• Transformational Finance Solutions.

The winners will have the chance to:

• showcase and reward the innovations across a number of key areas. 

Please note: On October 27, the winners of the FT/IFC Transformational Business Awards 2021 will be announced during an online conference and awards event.

You must follow the following criteria:

1. Entries from institutional investors and other large holders of capital that support the UN Sustainable Development Goals.
2. Entries from organizations with initiatives that may provide solutions in fragile and conflict-affected states and the world’s poorest countries.
3. Projects or transactions must have passed the implementation stage and result in measurable impact. 
4. Only initiatives that have been implemented since 2015, and have annual revenues of at least US$5 million, will be eligible.

Judging Criteria:

• Innovation:
• Business Model Approach.
• Market Innovation.
• Financial Structure.
• Approach to Diversity and Inclusion.
• Impacts:
• Environmental Impacts & Benefits.
• Social Impacts & Benefits.
• Economic Impacts & Benefits.
• Sustainability:
• Potential for Scalability and Replicability.
• Financial Sustainability.

Judging Criteria- Impact Investing category:

• Innovation.
• Impact Management System.
• Impact Results.
• Financial Returns.

About Transformational Business Awards:

The Transformational Business Awards are open to all financial and non-financial private sector organizations, as well as NGOs that can meet the judging criteria. The focus is on specific projects and transactions and the impact those initiatives have on the problems they are targeting. While the focus of all categories is on transformational impact in developing economies, the awards are also open to projects that address similar market deficiencies in the developed world and that could be replicated in severely under-supplied regions.

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