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Innovation
The company must be truly innovative. A new version or repackaging of an already well-accepted technological solution does not qualify as an innovation. The innovation and commercialization should be recent. The company should invest significantly in R&D.
Potential impact
The company must possess the potential to have a substantial long-term impact on business and/or society in the future.
Growth and sustainability
The company should demonstrate the potential to be a long-term market leader and should have well-formulated plans for future development and growth.
Proof of concept
The company must have a product on the market or have proven practical applications of the technology. Companies in “stealth” mode and with untested ideas or models do not qualify.
Leadership
The company must have visionary leadership that plays a critical role in driving the company towards reaching its goals.
Additionally, the company must not currently be a Member of the World Economic Forum. This criterion applies to the parent company, thus wholly owned subsidiaries of large firms are not eligible
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