Scotland’s Life Sciences Dinner and Annual Awards | APPLY
Scotland’s vibrant life sciences industry contributes more than £3 billion a year to the Scottish economy and is globally recognised for its impact and high levels of innovation.
Scotland, lifesciences, event, awards, business
16461
page-template,page-template-full_width,page-template-full_width-php,page,page-id-16461,cookies-not-set,ajax_fade,page_not_loaded,,qode-title-hidden,qode-theme-ver-17.2,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-5.6,vc_responsive
LIFE SCIENCES AWARDS 2020

Seven prestigious awards will be presented to reflect the broad spectrum of successes and achievements across the Scottish Life Sciences industry.

The seven categories are:

Business Leadership Award

Rising Stars: Extraordinary Talent

Rising Stars: High-Growth Company

Innovation Award

Innovative Collaboration Award

Investment of the Year Award

Outstanding Skills Development Award

HOW TO APPLY

Please read these guidance notes carefully before completing your application.

Your application will be completed via an online form.   We recommend you create your application text in a Word document (or similar) before copying and pasting it into the form.

If you wish to apply for more than one category, please complete a separate form for each application.

Your text for each category should be no more than 500 words.

In addition to the application text, you will be asked to complete contact details and company information, including turnover, number of employees, HQ location, date of formation and life sciences sub-sector.

When you submit your form, you will receive a copy of your submission by email.

The closing date for applications is Wednesday 8 January at 5pm.

Good luck!

JUDGING CRITERIA

BUSINESS LEADERSHIP AWARD

Presented to a business leader or a management team who has significantly advanced his/her/their Scottish business in the previous year (November 2018 – November 2019). This is open to established businesses which can demonstrate significant growth through financing, partnerships, collaborations, achievement of milestones, organic growth.

The judging panel will be looking for:

  • level of leadership, ambition and entrepreneurship
  • demonstrable commercial success (eg turnover, deals done, collaborations established, investment raised to date)
  • growth of company – significant activity that has contributed to growth (eg specific investment, launch of product, expansion)
  • understanding of customers’ needs
  • development of a management team
  • how the business has made a contribution to the growth of the life sciences sector in Scotland.

RISING STARS: EXTRAORDINARY TALENT AWARD

Presented to a business leader or management team which has significantly advanced his/her/their Scottish business in the previous year (November 2018 – November 2019. This is open to founders/co-founders of start up or early stage life sciences businesses which demonstrate significant potential to become a successful global company as evidenced by customer/market engagement; building a diverse and skilled team; and attracting investment.

The judging panel will be looking for:

  • level of leadership, ambition and entrepreneurship
  • commercial success (eg turnover; deals done; collaborations established, investment raised to date)
  • growth of company – significant activity that has contributed to growth (eg specific investment, launch of product, expansion)
  • understanding customers’ needs
  • development of a management team
  • how the business has made a difference to the growth of the life sciences sector in Scotland

INNOVATION AWARD

Presented to an individual or organisation that has been responsible for the creation of an innovative technology, product, service or process (eg manufacturing process) which has a relevant commercial application. The innovation must have been developed within the last three years (since November 2016), be at a stage of development where the individual or organisation is able to publicise the innovation, and have been developed in Scotland.

The judging panel will be looking for:

  • level of innovation in the technology/product/process
  • potential impact of the technology/product/process to the life sciences industry

INVESTMENT OF THE YEAR

Eligible investments must involve companies that are active within the life sciences sector and the investment must have an impact on the company in Scotland. The company can be involved in manufacture, research and development or the provision of services to the life sciences sector. The investment must be significant, closed or if a major contract awarded in the period November 2018 – November 2019.

The judging panel will give consideration to:

  • significance of the investment to the company and the impact of the investment in terms of improving the ability of the company to get products or services to market faster
  • an investment with an innovative approach or structure to achieve the objectives that is a breakthrough from the sector’s historical or traditional transactions
  • the impact on the life sciences industry, specifically where it relates to the advancement of technology.

RISING STARS: HIGH GROWTH COMPANY AWARD

Presented to a Scottish SME life sciences company from any life sciences sub-sector that has seen significant growth in revenue and profitability through strong organic development through the previous year (November 2018 – November 2019). The winning company will have seen its sales-led strategy produce real results in the marketplace and, most importantly, it will have a robust development strategy in place to build on current successes in the years ahead.

The judging panel will be looking for:

  • significant growth and innovation in the company’s market sector
  • sound, innovative thinking in its planning and operational management
  • an excellent understanding of the market and customers’ needs
  • the ability to recognise and act upon new opportunities
  • evidence of achievement and performance that makes the business stand out from its competitors

INNOVATIVE COLLABORATION AWARD

Presented to Scottish partners who have engaged in a successful collaboration involving at least one industry partner that has achieved a significant potential commercial outcome through a new or improved technology, product or service.

The judging panel will be looking for:

  • involvement of a company located at a site in Scotland (required)
  • the nature of the collaboration and the activity undertaken across the partners
  • value created/progress towards commercial success as a result of the collaboration
  • degree of innovation demonstrated by the collaborative work
  • potential impact of the technology/product/process to the life science industry – market applications and market implementation
  • the collaboration should have taken place in the last two years (since November 2017)

OUTSTANDING SKILLS DEVELOPMENT AWARD

This award recognises a team or collective leadership group based in Scotland that has displayed excellence in promoting skills development across the company, or teams or operational units within it. Evidence of a significant and sustainable contribution to increasing skills and the positive business outcomes achieved as a result should be demonstrated.

The judges will give consideration to:

  • embedding good practices in determining evolving development needs and real innovation in addressing them
  • ensuring that learning is widely available within the organisation to develop a culture of learning and dissemination of good practice
  • investing in people to build the right balance of capability, talent and experience to be effective now and in the future
  • creating competency-based career progression structures to ensure visibility of skills (both technical and soft skills) and behaviours needed to progress within the organisation and encouraging employee engagement in their own career development
  • through the use of training needs analysis or similar appraisal processes, identify individual and team skill needs

LIFETIME ACHIEVEMENT AWARD

The 2020 Award for Lifetime Achievement will be awarded to an individual considered by a special panel, to have contributed significantly to the Life Sciences sector in Scotland.

This award is not open to nominations, however if you would like to suggest someone for consideration for this prestigious award, please contact kathryn.slater@speak.co.uk.