Awards are made to

• teams or individuals from: a Corporate Organisation: This includes large companies, science councils, universities, etc, unless the unit where the research and development has been carried out fits into the SMME category.

AND

• an SMME: The award is for an SMME operating as a business for profit, defined as having an annual turnover of less than R100 million over the last three years. A company that is wholly owned by a corporate or is a corporate-controlled company does not qualify under the SMME category.

These awards are made where it can be demonstrated that:

• Research and/or development, not necessarily carried out in South Africa (SA), has been employed in SA and has led to the development of new science which in turn has led to the development of new technology e.g. in engineering or the medical sphere or in social concepts in SA.

OR THAT

• Engineering or medical or social concepts (i.e. technology) including developments such as in the above which have not necessarily been developed in SA but that have been applied or further developed in SA and that this has led to a successful innovation. Such innovations can be an accepted innovation in science, or a project, or a product, or a range of products, or a methodology or any other form of applied output or further developments of such innovations.
• The impact, value to the consumer, and importance to SA of the innovation will also be examined.