MDBC Innovation and Sustainability Awards 2017 event happenings

MDBC Innovation and Sustainability Awards 2017 event happenings

Kuala Lumpur, Oct 27 – After an intense day of competition, MDBC Innovation and Sustainability Awards (MISA) 2017 winners were announced by Youth and Sports Minister Khairy Jamaluddin.

MISA is a showcase of the best practices of the leaders in Innovation & Sustainability. It is a platform for learning and elevating the understanding of the subjects and best practices in the local business environment. Successful and sustainable innovation is about persisting when the going gets tough and rethinking business in the face of disruption.

MBDC Sustainability awards successfully organised 5 editions of award ceremony between 2011 and 2016.

MDBC together with the Netherlands Embassy aims to stimulate and create awareness for innovation and sustainability within every industry.

The competition open to MDBC members and non-members were allowed to compete in MISA 2017 which drew a record number of high-quality entries.

An independent, expert panel of Judges reviewed the entries and announced the shortlisted nominees on 12 October.

Earlier in the day, shortlisted nominees presented their submissions to the panel of judges and audience members of the MISA Day Program, fielding questions from audience members, competitors, and judges alike. It is this unique and transparent format that allows for the sharing of knowledge that makes MISA so special.

Winners were announced during the evening Awards Ceremony and Dinner with an accompanying judge’s report, keeping the overall competition highly transparent.

 

Best Service Innovation

The winner has a service innovation that is new or has significantly improved characteristics. The innovation adds user value, enables entry into adjacent markets, or creates new markets.

Shortlisted Nominees: – Air Liquide Business Services – LeadWomen &samhoud – YTL Corporation

The winner is “&samhoud”.

 

Best Product Innovation

 

The winner has a product innovation that is new or has significantly improved characteristics. The innovation adds user value, enables entry into adjacent markets, or creates new markets.

Shortlisted Nominees: – Akzo Nobel Paints (Malaysia) – HEINEKEN Malaysia – SBM Offshore – Sime Darby Plantation

WINNER: – Sime Darby Plantation

 

Most Innovative Start

Up The winner is implementing an innovative service, product, or business concept. Start-up companies are defined as in existence for less than three (3) years and having less than 10 employees; the organization must also be a registered business entity.

Shortlisted Nominees: – AppyKoins – GROM – KLCSI Venture

WINNER: – GROM

As a special part of the program, an ‘Audience Award’ was introduced for MISA ’17. Attendees of the Awards Ceremony & Dinner were invited to vote live for the winner of the Audience Award after a round of elevator pitches by all shortlisted companies on their submitted projects.

The winner of the MISA ’17 Audience Award was Akzo Nobel Paints Malaysia.

According to MDBC’s Executive Director, Marco Winter, “We are delighted with the continued growth of our MDBC Awards Program. It is unique and has proven to not only bring increased awareness to innovation and sustainability but also elevate the understanding of a complex and ever-evolving subject.

“The Dutch have a long and proven history of innovation across a wide variety of sectors, from arts and architecture to agriculture, water, life sciences, high tech, energy, and much more.

“It is something that has proven sustainable and continues to this day as Dutch organisations are widely regarded to be among the world’s leading innovators.

“In the 2017 Global Innovation Index report recently released by the World Intellectual Property Organisation, The Netherlands ranked 3rd overall; Malaysia ranked 37th (8th in Asia).” Marco highlighted.