Carried out by highly skilled and well-respected professionals, the Judging Process is of paramount importance: it ensures that all applicant teams, irrespectively of competition category, industry, or product scope, can clearly communicate, support, and sustain their innovative idea, product or process.
The Judges, highly respected professionals in their fields and leaders of innovative practices themselves, undertake the challenging task of identifying the "crème de la crème" of each year's competition entrants.
The competition consists are two (2) Judging Rounds:
The Initial Judging Round takes place between Friday, May 7, and Friday, May 21st, 2021. Its objective is to select which companies from each track will be named Finalists, and move on to the Second and Final Round of the Competition, The Eddies Showcase (Wednesday, October 6th, 2021, from 4 to 8:30 pm). The number of finalists may fluctuate between 3 and 4 in each competition track.
The Final Judging Round begins the night of The Eddies Showcase (Wednesday, October 6th), and ends on Friday, October 8th, 2021. The purpose of this round is to select the (one) Eddie Winner, per track.
All Finalists and Award Winners are celebrated and presented with an Award at the Annual Evening of Innovation, scheduled for the evening of Wednesday, November 3, 2020. Winners are announced at that time, they are not notified in advance.
Judging Criteria (for both Judging Rounds):
All entries are judged on a 100-point system, which is comprised of the following elements:
Degree of Innovation: how unique and disruptive is the product/technology or process? Is it ground-breaking? Does is improve outcomes or customer experiences? Can it be a “game-changer” in its market? Maximum Value: 60 points
User Benefits/Problem-Solving: Is the product/technology or process in the market yet? Are consumers engaged? Can they clearly see its benefits? Is the result thoroughly communicated, understood and compelling? Does it seem likely that the product/technology or service will be adopted? Is it obvious that it will improve lives or experiences? Maximum Value: 20 Points.
Future & Sustainability: Does the application/entry suggest that this is a product/technology, process, service or idea that can survey beyond the life cycle of a “fad”? Does it showcase future and sustainable market potential? Does it seem likely that it will continuously succeed in generating enough revenue to cover costs and operation? Maximum Value: 10 Points
Presentation & Communication Message Clarity: The degree to which an applicant presentation or video (for the First Round) and live presentation and innovation demonstration (for the Second Round) are clear and concise in delivering the nature, benefits and uniqueness of the innovation presented? Maximum Value: 10 points