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Business Innovation Awards
Sponsored by Gibtelecom
About the Business Innovation Awards (BIA)
Welcome to the GFSB & Gibtelecom Business Innovation Awards (BIA), where we celebrate the groundbreaking ideas and visionary strategies driving Gibraltar’s business landscape forward. Innovation isn’t just about technology; it’s about redefining how we do business, from service offerings to market approaches.
We extend our heartfelt gratitude to our esteemed sponsor, Gibtelecom, whose unwavering support fuels our mission to champion innovation in Gibraltar’s business community.
How to Enter
To apply for the award complete our online application form below. The application deadline is midnight on Friday 29th May 2026.
Judging Criteria
Shortlisted applicants will present their innovative endeavours to our panel of judges, who will judge them against the following criteria:
| Category | Evaluation Focus |
| Originality & Uniqueness | Is the idea or approach truly new? How does it differ from existing solutions? |
| Relevance to Gibraltar | Does it address a local need or create opportunities within Gibraltar? |
| Operational Innovation | Has the business adopted new ways of working, processes, or models? |
| Technology Integration | How effectively does it use new or emerging technologies? |
| Impact & Scalability | What is the potential for growth, employment, and economic contribution? |
| Sustainability & Environment | Does it contribute positively to sustainability goals? |
| Investment & Market Potential | Has it attracted funding or demonstrated “investability”? |
| International Growth Potential | Can it scale beyond Gibraltar successfully? |
Winning Innovation Prize
The recipient of the GFSB & Gibtelecom Business Innovation Award will receive:
- £2,000 worth of cutting-edge IT and communications equipment, generously sponsored by Gibtelecom;
- Two complimentary tickets to the GFSB Annual Dinner.
Runner-Up Prize
The runner-up will receive:
- Two complimentary tickets to the GFSB Annual Dinner, offering an opportunity to network and celebrate with industry peers.
Previous Participants
Join the ranks of innovators like EBike, Legal Balance, Purple Media and The Nautilus Project who have shared their transformative experiences with us:
- “The process of applying and preparing for the BIA gave us the opportunity to focus on the importance of innovation throughout our business practices. Winning the award was a bonus that continues to pay dividends, raising our profile in the business community as well as with our customers.” – Stuart Hedley, EBike (Gibraltar) Ltd
- “Entering the GFSB Business Innovation Award and coming ‘runner-up’ was a great accolade for us locally in Gibraltar. As a new business, in the services sector, we constantly strive to find innovative ways to service our clients. The awards are also a great opportunity to be more visible to the legal industry in Gibraltar and the wider business community. We would have entered again this year, but the Legal Balance Institute was launched and we are busy implementing our new digital strategy.” – Amanda Noble, Director and CEO, and Scott Simmons, Director and Co-Founder
- “The GFSB Business Innovation Award was a great experience for our team here at Purple Media. It allowed us to meet other fantastic participants and consolidate our own communications into what matters most. It has been a great vector in our growth and helped expand our vision (even if we did not win!). Highly recommend to all businesses in our community to take part; you won’t regret it!” – Vincent Carrie, Purple Media
- “Winning the GSFB Business Innovation Award has been a game-changer for Orcinus. It has not only provided us with unparalleled networking opportunities, connecting us with industry leaders, investors, and potential collaborators, but it has also significantly elevated our visibility within the marine science community. This recognition has opened doors, allowing us to forge partnerships, gain credibility, and accelerate our mission of contributing to safer sea navigation through real-time Orca sightings.” – Lewis Stagnetto BEM, The Nautilus Project
Ready to embark on your innovation journey? Don’t miss out on this opportunity to showcase your brilliance and drive change. Apply now and let your innovation shine!
2024 WINNER
Congratulations to Green Wave on winning the Business Innovations Award
Participating in and winning the Business Innovation Awards was an exhilarating experience. It validated our commitment to sustainability and showcased our innovative approach to fostering eco-friendly habits in Gibraltar and beyond. We’re honoured to be recognised by GFSB and excited for the future!” Lili Olivero Founder/Director Green Wave Ltd
2023 WINNER
Congratulations to The Nautilus Project on winning the Business Innovations Award
2022 WINNER
Congratulations to Digidemics on winning the Business Innovations Award
2021 WINNER
Congratulations to Crucial Compliance on winning the GFSB Business Innovation Awards.
2020 WINNER
Congratulations to EBike Gibraltar on winning the GFSB Business Innovation Awards.
2019 WINNER
Congratulations to Hempassion on winning the GFSB Business Innovation Awards.
2018 WINNER
Congratulations to BuyTickets.gi on winning the GFSB Business Innovation Awards.
