About The Awards

Honorees

Honorees

Legend Lifetime Achievement

Sponsor: The iSchool at Drexel

The Legend Award is presented to an individual who has forwarded technology and life sciences in the region through leadership and exemplary work. The recipient must have a strong connection to the community, a history of personal accomplishments, and a track record of success.

Enterpriser World-Class Talent

Sponsor: Penn State Great Valley

The Enterpriser Award recognizes world-class talent in an individual, company, or institution.

Competitive Technology Categories

Competitive Technology Categories

Technology Startup Company

Sponsor: Ben Franklin Technology Partners of Southeastern Pennsylvania

Criteria: Company must have operating results of three years or less.

Key Considerations: Product or service innovation including market need or assessment and potential for significant growth; the management team and its ability and record of achieving success; and a demonstration of success such as significant milestones, raising capital, and revenue.

Life Sciences Startup Company

Sponsor: KPMG

Criteria: Company must have operating results of three years or less.

Key Considerations: Product or service innovation including market need or assessment and potential for significant growth; the management team and its ability and record of achieving success; a demonstration of success such as significant milestones, raising capital, and revenue; and the R&D investment strategy.

Emerging Technology Company

Sponsor: SunGard Higher Education

Criteria: Company must have at least four years of operating results. Revenues must be less than $50 million, except in the most recent fiscal year.

Key Considerations: Product or service innovation, including proprietary technology or other advantage; company milestones including strategic decisions made by management that led to growth in revenues and/or earnings; strength of management team including ability to raise capital; and profitability or demonstrated ability to achieve profitability such as strategy to achieve break even and the ability to realize high gross margins.

Emerging Life Sciences Company

Sponsor: Fish & Richardson PC

Criteria: Company must have at least four years of operating results. Revenues must be less than $50 million, except in the most recent fiscal year.

Key Considerations: Product or service innovation, including proprietary applications or other advantage; company milestones including strategic decisions made by management that led to growth in revenues and/or earnings; strength of management team including ability to raise capital; and profitability or demonstrated ability to achieve profitability such as strategy to achieve break even and the ability to realize high gross margins.

Technology CEO of the Year

Sponsor: Evolve IP

Criteria: Individual’s background and his or her company’s success to date.

Key Considerations: CEO’s management accomplishments and philosophy, including the communication of a vision and goals as achieved by the company; leadership and impact in the industry and/or market; ability to attract and retain talented resources; company milestones including financial accomplishments and a strategy for continued company success; and community and industry involvement.

Life Sciences CEO of the Year

Sponsor: Cephalon

Criteria: Individual’s background and his or her company’s success to date.

Key Considerations: CEO’s management accomplishments and philosophy, including the communication of a vision and goals as achieved by the company; leadership and impact in the industry and/or market; ability to attract and retain talented resources; company milestones including financial accomplishments and a strategy for continued company success; and community and industry involvement.

Technology Company of the Year

Sponsor: Blank Rome

Criteria: Company with more than $50 million in revenues in the most recently completed fiscal year.

Key Considerations: Leadership and product and/or service innovation in an industry or market; significant company milestones including financial accomplishments; and community and industry involvement.

Life Sciences Company of the Year

Sponsor: PECO

Criteria: Company with at least three years of operating results in industry segments such as specialty pharmaceuticals, biotechnology, medical device/instrumentation, etc.

Key Considerations: A proprietary product or research and development of a product and its potential impact on the market; the ability to raise capital, generate revenue, and commercialize and strategize to enter into substantive strategic alliance; and the company’s development strategy and clinical pathway to development.

Applied Technology Excellence

Sponsor: The Judge Group

Criteria: How the Company applied new or existing technology in a unique or innovative way to solve a business problem or advance business goals.

Key Considerations: Company must demonstrate success in applying and/or integrating new or existing technology (e.g., molecular compound, wireless, RFID, bioinformatics, software, GPS) in a unique or innovative application to solve a business problem or to advance business goals. This can include an invention or early adoption of new technology either for internal utilization or commercial application. Address key components and most important contributions the technology has made to the organization, its industry, its customers, or the community it serves.

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