The Best Innovation Award recognizes excellence in innovation in research & development, business development, human resources, marketing, product development, among others. The awarded innovation should be substantial and meaningful for the Romanian market potentially expandable on regional or global markets.

Why apply

  • Get exclusive access to the Romania Insider Awards Gala in October 2020. All shortlisted candidates will be invited to participate at the VIP-Gala Awards ceremony in October 2020.
  • Potential to reach out to companies that could provide support for your innovation project. While we do not offer a specific investment as a prize, we do facilitate contact of the shortlisted candidates with investors who are present at the Gala.
  • Get exposure in the media. The entire event will be promoted before and after the Gala. Finalists will have coverage on and associated media channels.

Who is eligible?

Companies or individuals with at least one innovative project, product, service or process, irrespective of their size. Time of launch: 2019 or 2020. The innovation project may have an international footprint but highly connected to Romania, such as:  to have Romanian citizens among founders and team/ part of the team working in Romania, or alternatively main team working in Romania.  

Judging criteria

  • Project’s proven positive impact on the local and/or regional/global markets.
  • Client – driven, ease of use & scalability.
  • Business and society impact.
  • Innovation driven company – continuous use of the innovative solution for client needs with positive results in client onboarding.

In order to ensure confidentiality and the objectivity of the judging process, all nominations will be anonymized before being presented to the Board of Advisors and Jury.