Rules and regulations

 

How to apply?

Applications must be submitted by filling out the 2018 PwC Vision to Reality (V2R) Awards (the “Award”) application form available online at www.pwc.com/ca/v2r. No purchase is required to apply or win an Award.

 

 

Award categories

The Award will be awarded in the following four categories (each a “Category”; or collectively, “Categories”):

  1. The visionary—awarded to organizations with up to CA$50 million in revenue, including pre-revenue (the “visionary”); 
  2. The builder—awarded to organizations with between CA$50 million and CA$1 billion in revenue (the “builder”); 
  3. The reinventor—awarded to organizations with over CA$1 billion in revenue (the “reinventor”)
  4. The accelerator—awarded to any organization that is majority publicly funded (the “accelerator”)

Application submission period and deadline

Applicants will be able to submit their applications between September 25, 2017, and December 22, 2017. All applications must be submitted by December 22, 2017, 12:00 pm EST. PricewaterhouseCoopers LLP, an Ontario limited liability partnership (“PwC”) will not accept any applications submitted after December 22, 2017, 12:00 pm EST. No edits to applications will be permitted after December 22, 2017, 12:00 pm EST.  

 

Man working at a desk

 

Who can apply?

Any Canadian-controlled, headquartered or organization with operations in Canada (e.g. publicly held, privately held or public sector with management team and activities related to the innovation located solely in Canada) able to demonstrate their innovations, subject to the additional requirements within each Category as further described below.

The visionary category

Two colleagues kneeling on the floor looking at images scattered on the ground


In order to apply and be eligible to win the Award in the visionary category, an organization must meet the following additional criteria:

  • You are a privately head or publicly-traded organization and have revenue of up to CA$50 million, including pre-revenue; and 
  • Must be Canadian-controlled or headquarted Canada (management team and activities related to the innovation must also be located in Canada); and
  • Must be able to prove the innovation based on the criteria outlined in the ‘Judging criteria’ [see “What are the judging criteria?”].

The builder category

Two colleagues sitting side by side looking at a laptop and talking


In order to apply and be eligible to win the Award in the builder category, an organization must meet the following criteria:

  • You are a privately head or publicly-traded organization and have revenue of between CA$50 million and CA$1 billion; and
  • Must be Canadian-controlled or headquartered in Canada (management team and activities related to the innovation must also be located in Canada) ; and
  • Must be able to prove the innovation based on the criteria outlined in the ‘Judging criteria’ [see “What are the judging criteria?”].

The reinventor category

Business people in a meeting


In order to apply and win the Award in the reinventor category, an organization must meet the following criteria:

  • You are a privately head or publicly-traded organization and have revenue of over CA$1 billion; and 
  • Must be Canadian-controlled, headquartered or have operations in Canada (management team and activities related to the innovation must also be located in Canada); and
  • Be able to prove an initiative that has transformed the way your organization operates with customers to support the overall strategy and pave the way for future success.
  • Must be able to prove the innovation based on the criteria outlined in the ‘Judging criteria’ [see “What are the judging criteria?”].

The accelerator category

Two business people in suits walking and talking looking over a document


In order to apply and win the Award in the accelerator category, an organization must meet the following criteria:

  • You are an organization that is majority publicly funded
  • Must be Canadian-controlled or headquartered in Canada (management team and activities related to the innovation must also be located in Canada) or you are a public sector organization; and
  • Must be able to prove the innovation based on the criteria outlined in the ‘Judging criteria’ [see “What are the judging criteria?”].

Examples include: Federal, Provincial or Municipal Public Sector organizations, Crown Corporation, educational institutions, government agencies and healthcare organizations.

Past applicants and finalists may apply to compete for the Award in the Category that applies to them; however, 2017 Award winners (“2017 Winners”) cannot win the Award in their Category for the innovation submitted for consideration in 2017. The 2017 Winners may apply to compete for an Award in a Category only if the innovation they are applying for is completely different from the innovation for which they won an Award in 2017. A list of 2017 Award finalists and winners can be found here www.pwc.com/ca/v2r.

All required information must be submitted for the application to be included in the judging process. By applying for the Award, each participant expressly authorizes PwC and its agents and/or representatives, to store, share and use any personal information submitted with the application for the purpose of administering the Award, and such other purposes as may be expressly agreed to by the participant. Visit www.pwc.com/ca/en/privacy-policy for PwC’s Privacy Policy regarding collection, use and disclosure of personal information.
 


What information do I need to submit in order to apply?

Each applicant must submit a completed Award application form. A copy of the Award application is available here www.pwc.com/ca/v2r.

Within the Award application, each applicant will be asked to submit the following information:

  • The name and title of the individual submitting the application on behalf of the organization, together with the organization’s address and a description of the organization, including its social media presence, if applicable (for example, accounts on Facebook, Instagram, etc.), if any, and the Award Category within which the application is being submitted;
  • A description, in 250 words or less, of the innovation, including how it was executed and why it is disruptive in respect to the applicant’s industry and/or organization; and
  • Key performance indicators (KPIs), such as: revenue, improved operational efficiencies, cost savings, customer/client acquisition, market/client/customer satisfaction, improved engagement, socioeconomic or environmental impact, proving their innovation has provided value to their respective audiences.

Applicants may be asked to consent to receive further electronic communications (for example, promotional emails) in connection with this Award as well as further information about the services of the Sponsor. Consenting to receive such communications is not a requirement to participate in the Award, and will not impact the applicant's’ chances of being declared a finalist or winning an Award.
 



How are the judges selected?

For the Visionary category, PwC has assembled an independent panel of innovation experts to conduct a preliminary review of the Visionary category applications prior to the first round of judging. Thirty (30) Visionary applications will move on to the first round of judging. For the first and second round of judging of the Visionary, Builder, Reinventor and Accelerator Categories, PwC has assembled an independent panel of judges (“Independent Panel of Judges”) who are industry and innovation experts and have been sourced and assembled by PwC based on the experts’ desire to participate in this Award and their availability. The list of 2018 Independent Panel of Judges can be found here www.pwc.com/ca/v2r. The list of the 2017 Independent Panel of Judges can be found here www.pwc.com/ca/v2r.
 



Who will select the finalists and the winners?

All finalists and winners will be selected by an Independent Panel of judges. PwC will not be on the panel and will not be participating in the finalist and winner selection process.
 

What is the judging process?

The visionary category

Step 1: After the application submission deadline (December 22, 2017, 12:00 pm EST) applications will be reviewed to ensure completion. Only those applications deemed to be acceptable in the Visionary Category will be forwarded for preliminary review by an Independent Review Panel. The Independent Review Panel will review and rate each applicant’s innovation description, outlined in the Application as the “elevator pitch” (the “Innovation Description”).  Only thirty (30) of The Visionary Category applications will be included in the first round of judging.

Step 2: The first round of judging will take place between February and April 2018 to determine five (5) finalists in the Visionary Category. The list of the Independent Panel of Judges participating in the first round of judging is available here www.pwc.com/ca/v2r. The five (5) finalists will move on to the second round of judging. 

Step 3: The five (5) finalists will be subject to PwC’s due diligence process and will need to be available for scheduling between March 5, 2018 and March 23, 2018. 

Step 4: The second round of judging will take place between April and May 2018, and will determine the Visionary Category winner. The list of the Independent Panel of Judges participating in the second round of judging is available here www.pwc.com/ca/v2r. The five (5) finalists need to be available for a fifteen (15) minute time slot on April 12, 2018 between 10:00am EST and 1:00pm EST to speak to their innovation and answer questions from our independent panel of judges.

View more

The builder category

Step 1: After the application submission deadline (December 22, 2017, 12:00 pm EST) applications will be reviewed to ensure completion. Only those applications deemed to be acceptable will be forwarded for judging to the Independent Panel of Judges. The first round of judging will take place between February and April 2018 to determine five (5) finalists in the Builder Category. The list of the Independent Panel of Judges participating in the first round of judging is available here www.pwc.com/ca/v2r. The five (5) finalists will move on to the second round of judging. 

Step 2: The five (5) finalists will be subject to PwC’s due diligence process and will need to be available for scheduling between March 5, 2018 and March 23, 2018. 

Step 3: The second round of judging will take place between April and May 2018, and will determine the Builder Category winner. The list of the Independent Panel of Judges participating in the second round of judging is available here www.pwc.com/ca/v2r. The five (5) finalists need to be available for a fifteen (15) minute time slot on April 12, 2018 between 10:00am EST and 1:00pm EST to speak to their innovation and answer questions from our independent panel of judges.

View more

The reinventor category

Step 1: After the application submission deadline (December 22, 2017, 12:00 pm EST) applications will be reviewed to ensure completion. Only those applications deemed to be acceptable will be forwarded for judging to the Independent Panel of Judges. The first round of judging will take place between February and April 2018 to determine five (5) finalists in the Reinventor Category. The list of the Independent Panel of Judges participating in the first round of judging is available here www.pwc.com/ca/v2r. The five (5) finalists will move on to the second round of judging.

Step 2: The five (5) finalists will be subject to PwC’s due diligence process and will need to be available for scheduling between March 5, 2018 and March 23, 2018. 

Step 3: The second round of judging will take place between April and May 2018, and will determine the Reinventor Category winner. The list of the Independent Panel of Judges participating in the second round of judging is available here www.pwc.com/ca/v2r. The five (5) finalists need to be available for a fifteen (15) minute time slot on April 12, 2018 between 10:00am EST and 1:00pm EST to speak to their innovation and answer questions from our independent panel of judges.

 

View more

The accelerator category

Step 1: After the application submission deadline (December 22, 2017, 12:00 pm EST) applications will be reviewed to ensure completion. Only those applications deemed to be acceptable will be forwarded for judging to the Independent Panel of Judges. The first round of judging will take place between February and April 2018 to determine five (5) finalists in the Accelerator Category. The list of the Independent Panel of Judges participating in the first round of judging is available here www.pwc.com/ca/v2r. The five (5) finalists will move on to the second round of judging. 

Step 2: The five (5) finalists will be subject to PwC’s due diligence process and will need to be available for scheduling between March 5, 2018 and March 23, 2018. 

Step 3: The second round of judging will take place between April and May 2018, and will determine the accelerator Category winner. The list of the Independent Panel of Judges participating in the second round of judging is available here www.pwc.com/ca/v2r. The five (5) finalists need to be available for a fifteen (15) minute time slot on April 12, 2018 between 10:00am EST and 1:00pm EST to speak to their innovation and answer questions from our independent panel of judges.

View more

 

How are applications judged?

After the application submission deadline (December 22, 2017, 12:00 pm EST) applications will be reviewed to ensure completion. Only those applications deemed to be acceptable will be forwarded for judging to the Independent Review Panel or the Independent Panel of Judges. 

The Independent Review Panel for the Visionary Category will review and rate each applicant’s innovation description, outlined in the Application as the “elevator pitch” (the “Innovation Description”). The Innovation Description must be relative to the Award definition of innovation and judging criteria (For reference please see explanation of Innovation definition and judging criteria below under ‘What are the judging criteria?’). Following a review of each application, the top thirty (30) Visionary Category applications, which will be determined by taking an average rating of each application as given by the Independent Review Panel, will move onto the first round of formal judging. Only thirty (30) of the Visionary Category applications (contingent on the decision of the Independent Review Panel) will be included in the first round of judging. 

All applications in the Visionary, Builder, Reinventor and Accelerator Categories (contingent on the approval of the Independent Panel of Judges) will be included in the first round of judging. 

The first round of judging will take place between February and April 2018 to determine five (5) finalists in each of the Categories. The list of the Independent Panel of Judges participating in the first round of judging is available here www.pwc.com/ca/v2r. The twenty (20) finalists will move on to the second round of judging. 

The twenty (20) finalists will be subject to PwC’s due diligence process and will need to be available for scheduling between March 5, 2018 and March 23, 2018. The Applicant must be available during the due diligence and/or scheduled visit. Specifically, PwC representatives will visit each of the finalists to verify the information provided in the application and determine whether a finalist is eligible for the second round of judging.

The second round of judging will take place between April and May 2018, and will determine four winners, one in each of the Categories. The finalists need to be available for a fifteen (15) minute time slot on April 12, 2017 between 10:00am EST and 1:00pm EST to speak to their innovation and answer questions from our independent panel of judges. 
 


 

What are the judging criteria?

Each of the four (4) categories are judged based on their unique definition of innovation. To learn more about the judging criteria that our independent panel of judges will use to review your application please see ‘What is #V2R?’ at www.pwc.com/ca/v2r.
 


How will the finalists be announced?

A PwC representative will inform the finalists by phone. Finalists will be included in a PwC marketing campaign in support of the Award. PwC audit clients and SEC registered organizations will be included in the campaign in accordance with PwC’s regulatory and professional policy. A PwC representative will inform applicants who did not become finalists in an email and/or phone call. 


How will the winners be announced?

The winners will be announced in May, 2018 at the 2018 V2R Awards ceremony (the "ceremony") in Toronto, Ontario. 


 

What can my organization expect as a finalist and/or winner?

Finalists and/or winners can expect to receive national media coverage. PwC audit clients and SEC registered organizations will receive media coverage in accordance to PwC’s regulatory and professional policy.  All finalists and winners will be invited to the Ceremony, which will take place in May 2018.

Applicants and finalists in the Central, Eastern and Western regions will be invited to attend celebration receptions that will take place in the Spring of 2018.

PwC will provide each winner with return economy air transportation for up to two representatives of the winning applicant (from the Canadian international airport nearest such representatives' residences) to the Ceremony (departure and destination airports, carrier and airline ticket class to be chosen and confirmed by PwC). Approximate retail value is CA$750 per representative, based on a Calgary, Alberta departure example. Actual retail value may vary depending on city of departure and fluctuations in airfare charges. Any difference between the actual value and the stated approximate retail value (if less than the actual value) will not be awarded. No other transportation, accommodation, expenses or meals will be provided. If any winner representative resides within 200 km of the city of Toronto, no transportation will be provided. PwC audit clients will be provided with transportation to the Ceremony according to PwC’s audit client policy.
 


 

Other Terms and Conditions of Participation and Limitation of Liability

All applications become the property of PwC and will not be returned.  PwC assumes no responsibility for applications (or portions thereof) that are lost, late, delayed, destroyed or misdirected for any reason whatsoever. PwC shall not be responsible for any errors, negligence, losses or damages of any nature whatsoever that may arise or occur in connection with this Award. PwC reserves the right to cancel, amend or suspend this Award, or to amend these terms and conditions, in any way without prior notice or obligation, in the event of any accident, printing, administrative, or other error of any kind, or for any other reason whatsoever.  In the event of any discrepancy or inconsistency between these terms and conditions and disclosures or other statements contained in any Award related materials; these terms and conditions shall prevail, govern and control to the fullest extent permitted by law. If for any reason, in PwC’s sole discretion, this Award is not capable of running as originally contemplated by these terms and conditions, or if the administration, security, fairness, integrity, or the proper conduct of this Award are corrupted or adversely affected, including by reason of tampering, fraud or any other causes beyond its control, PwC reserves the right to cancel, terminate, modify, amend, extend or suspend the Award, in whole or in part, at any time and without prior notice.  Subject to applicable law and any required regulatory approval, PwC reserves the right and without prior notice to adjust any of the dates and/or timeframes stipulated in these terms and conditions, to the extent necessary, for the purposes of verifying compliance by any applicant with these terms and conditions, or as a result of other problems, or in light of other circumstances which, in the opinion of PwC, affects the proper administration of the Award as contemplated in these terms and conditions, or for any other reason.  PwC reserves the right to disqualify from this Award and any future award program or other promotion conducted by PwC, any individual it finds or believes to be tampering with the entry process or the operation of the Award, or any website to be acting in violation of these terms and conditions, or to be acting in an unsportsmanlike or disruptive manner, or with intent to annoy, abuse, threaten or harass any other participant. ANY ATTEMPT BY AN APPLICANT OR ANY OTHER PERSON TO UNDERMINE THE LEGITIMATE OPERATION OF THE AWARD OR ANY WEBSITE ASSOCIATED WITH THE AWARD IS A VIOLATION OF CRIMINAL AND CIVIL LAWS AND, SHOULD SUCH AN ATTEMPT BE MADE, PWC RESERVES THE RIGHT TO SEEK DAMAGES FROM ANY SUCH PERSON TO THE FULLEST EXTENT PERMITTED BY LAW.

All decisions of PwC and the Award judges are final and binding without right of appeal with respect to all aspects of this Award, including, without limitation, eligibility and disqualification of applicants. This Award is subject to applicable federal, provincial and municipal law. Void where prohibited.

PwC and the Award judges will not be liable for:  (i) any incomplete or inaccurate information caused by any technical or human error that may occur in the capturing and/or processing of applications; (ii) the theft, loss, destruction or unauthorized access to, or alteration of, applications; (iii) any failure of any message or email to be received by or from PwC and/or any failure of an application to be captured, recorded or received for any reason; (iv) any typographical or other errors in the offer or administration of this Award, including but not limited to errors in advertising, these terms and conditions, the selection and/or announcement of the finalists or the winners; and (v) any combination of the above.
 

© 2017 PricewaterhouseCoopers LLP, an Ontario limited liability partnership (“PwC”). All rights reserved.
 

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