Regional Cooperation Council - Butterfly Innovation Awards Ceremony
About the Award
The Regional Cooperation Council (RCC) inaugurated the regional Butterfly Innovation Award in December 2021 during the Butterfly Innovation & Business Forum. It is now awarded annually to individuals, students, companies, and organisations in the Western Balkans for innovative, scalable, and market-based solutions.
The Award aims to support the Western Balkans’ economic development by embracing digital transformation and fostering environmental sustainability.
The purpose of the Butterfly Innovation Award is to promote innovation culture in the Western Balkans through showcasing successful innovative achievements and empowering sensitive groups such as youth and women.
Categories
The Butterfly Innovation Award has six categories:
Butterfly Industry Innovation Award aims to recognize innovative solutions that are making waves in priority industry sectors for the region’s economic growth;
Butterfly Green Innovation Award aims to raise awareness of sustainable and environmentally friendly innovative solutions that support the green transition of the Western Balkans;
Butterfly STEM Innovation Award aims to recognize individuals, informal groups, or organisations for outstanding achievements in STEM (Science, Technology, Engineering and Mathematics) fields;
Butterfly Youth Innovation Award aims to recognize undergraduate university students or high-school students’ innovative achievements in any of the above topics;
Butterfly University Innovation Award aims to promote entrepreneurial culture at universities for innovative solutions created by university staff, students, and industries; and
Butterfly Women Innovation Award aims to identify, promote and empower women with innovative solutions that will inspire future women innovators and entrepreneurs in the region.
The winners
More information: https://www.rcc.int/pages/156/regional-butterfly-innovation-award-2022
Selection criteria
The best innovative solutions should be able to demonstrate how they have solved or aim to solve problems on the market. Specific criteria include: Practicality or ability of an innovative solution to practically solve clients’ problems, Impact or clear evidence that the implementation of innovation could impact the development of an industry or economy, and scalability or ability of an innovative product to achieve repeatable and sustainable organic growth.
The 2022 call for innovations and innovators from the Western Balkans closed on 13 May 2022 and over 150 applications were received. The Butterfly Innovation Honourees are announced on 27 June 2022.. Each winner receives a financial reward of €5.000, mentor and business support, and regional press and media attention to promote their innovative solutions.
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Regional Butterfly Innovation Award is financed by the European Union and implemented by the RCC. It is a part of the Common Regional Market Action Plan for the Western Balkans.
The Butterfly Innovation Award Ceremony will be held on 27 June 2022. The event is open to the public with prior registration.
For more information on the award, please visit the Award website.
- Western Balkans
- General
- Conference WBs
- Other
Entry created by Admin WBC-RTI.info on May 25, 2022
Modified on June 28, 2022
