2014 Vision to Reality Awards

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Innovating to disrupt

The Vision to Reality Awards program celebrates dynamic start-up companies that have demonstrated notable growth and hit impressive benchmarks, making them Canadian companies to watch.

The program was established to encourage the top growing companies to step forward as role models and to inspire future technology start-ups. Success requires vision and leadership, financial accomplishment, strategic direction and innovation. These companies had the courage to turn their vision into the reality of revenue, profit and positive contributions to the industry–they have demonstrated success and made an impact in Canada.

The awards

The Innovator of the Year Award

This award acknowledges the company that best demonstrated the commercialization of an innovative technology solution. The innovation must be new, unique and a ‘game changer’–customer acceptance must be demonstrated.

Top 10 Up-and-Coming Technology Companies

The Top 10 category recognizes companies that have demonstrated significant promise and growth, establishing a path for future success in the technology industry. Companies must show sustainability, budding success and potential as the next big thing.

All nominations may be considered for both Innovator of the Year and the Top 10 Up-and-Coming Technology Companies.

Who is eligible?

  • Private or public technology companies
  • Companies that are Canadian-controlled or headquartered in Canada. (Management team and research and development activities must also be located in Canada)
  • Company must own a proprietary technology or have intellectual property that contributes to a significant portion of operating revenue

Companies considered for the Innovator of the Year award will have the following characteristics:

  • Company has raised at least a Series A round of financing, or has been in business at least five years
  • Company can demonstrate three years of revenue growth, or if currently pre-revenue, can demonstrate three years of customer/user growth and high engagement metrics
  • Technology is disruptive to the market in nature, creating differentiation and a competitive landscape
  • Product or service demonstrates global market potential
  • Technology created by the company is difficult to duplicate. The company must be able to explain why it’s leading edge

What is the judging process?

A shortlist of companies will be selected for each award by an independent panel of judges based on a review of the nomination forms. After this selection process, a group of finalists will emerge. Finalists are evaluated by an independent panel of judges based on on-site visits to discuss the technology and results to date.

The judges are leading figures in the technology and financial communities. They have the experience and expertise to recognize outstanding technology companies, and know the relevant measures to consider when selecting award recipients. Check out this year’s panel of judges.

What are the benefits of entering?

For award recipients, finalists and nominees alike, the Vision to Reality Awards offer a wide range of potential benefits:

  • Profile and networking opportunities with venture capitalists, fellow founders & CEOs and key decision makers in the technology ecosystem
  • Speaking opportunities at the Vision to Reality Conference and other PwC events
  • Valuable national and local media exposure as a result of online, print and social media coverage
  • Enhanced professional reputation in the following areas: investor and customer relations, recruiting, marketing and public relations
  • New business development opportunities

Key dates

  • April 10, 2014: Application period begins
  • September 7, 2014: Application deadline
  • Mid-September 2014: Finalists announced
  • September-October 2014: Interview period
  • October 2014: Judging process
  • November 2014: Winners announced at awards celebration event

The 2013 Award Winners

Innovator of the Year

  • Frank & Oak

People’s choice award

  • Vena Solutions

Top 10 Up-and-coming Technology Companies

  • 500px
  • Bionym
  • Datawind
  • D-Wave Systems Inc.
  • Global Relay Communications Inc.
  • Method Integration Inc.
  • Thalmic Labs
  • UrtheCast
  • Vena Solutions
  • Wajam

All companies were honoured at PwC's Vision to Reality Awards event in Toronto. Read more about the winners.

The 2012 Award Winners

Innovator of the Year

  • Wattpad

Innovator of the Year Finalists

  • Acquisio
  • Infusion

Top Up-and-coming Technology Companies

  • 500px
  • BroadbandTV
  • Mobovivo
  • N8 Identity Inc.
  • Nulogy
  • UXP Systems
  • Vana Workforce

All companies were honoured at PwC's Vision to Reality Awards event in Toronto. Read more about the winners.

Innovator of the Year Award

The Innovator of the Year Award acknowledges the company that has best demonstrated the commercialization of an innovative technology solution. The innovation must be new, unique and a ‘game changer’ – and customer acceptance must be demonstrated.

Top 10 Up-and-Coming Technology Companies

All nominations for the Innovator of the Year will also be considered for the top 10 list of up-and-coming technology companies. These companies will have demonstrated significant promise and potential and be considered the companies to watch.

The 2011 Award Winners

Innovator of the Year

Burlington-based EcoSynthetix was selected as the 2011 Innovator of the Year Award winner by a group of industry panellists based on its innovation, financial performance and strategic direction.

Exit of the Year

Ottawa-based Protus won the Exit of the Year Award for striking the most lucrative deal in 2010 with US-based j2 Global Communications’ $213 million acquisition of the company in December 2010.

Both companies were honoured at PwC’s 2011 Connecting Vision to Reality Conference in Toronto.

The Top 4 Runners Up

  • Cavet Technologies Inc.
  • Calgary Scientific Inc.
  • IntelliView Technologies Inc.
  • Ostara Nutrient Recovery Technologies Inc.