Entrepreneurship Awards

Companies (individuals or legal entities) that meet the following requirements may participate:

• shall be SME, according to the definition established in the European Commission Recommendation of May 6, 2003.
• Not be involved in more than one 25% by another company. If it is owned in a lower percentage, the participant must also be an SME.
• Be constituted in one of the following legal forms:
  • Physical person: individual or self-employed businesswoman, limited liability entrepreneur, property communities and civil societies.
  • Legal person: public limited company, limited company, new company limited company, labor limited company, cooperatives and associations that carry out an economic activity on a regular basis.
• be involved in more than 50% by women. More than 50% of the company's shares or participations must be held by women.
• To have started its business activity as of January 1, 2017. Applications from companies created prior to this date will be accepted, provided that the award is presented with a new line of business and it is duly accredited that it has started between January 1, 2017 and the last day of the period established for the submission of applications.
• Be billing in January 2022.
• Have a business project that is original, creative, disruptive and innovative, with or without a technological base, aimed at covering needs in different areas (environment, health and well-being, gastronomy, education, commerce, fashion, finance, electronic commerce, tourism, industry, infrastructure, logistics, energy or similar.
• Have a service or product prototype tested in the market with already measured or measurable results.

Applications must be submitted electronically or in person at the Madrid City Council register.

• The legal personsmust submit the application mandatory electronically, accessing the Electronic Office of the Madrid City Council Application for participation in the 2022 Entrepreneurs Award. In this case, you must use one of the electronic certificates accepted by the Madrid City Council.
• The Physical personsmay choose to apply for electronic form, in the terms indicated above, or face-to-face in the registry offices of the Madrid City Council and other entities provided for in article 16.4 of Law 39/2015, of October 1, on the Common Administrative Procedure of Public Administrations.

• Request completed electronically which can be downloaded at Electronic Office of the Madrid City Council
• Executive summary of the business planwith an extension between 4 and 5 pages, in Arial 11 font.

In order to assess the applications, this summary must explicitly explain:

• Sector of activity of the project.
• In the case of legal entities, community property and civil partnerships, indicate the number of partners, whether they are men or women and the percentage of participation of each of them (indispensable to verify compliance with the fifth base).
• Start date of activity or new line of business, as appropriate in each case.
• Billing start date and annual amount billed from that date to the date of publication of the call.
• Originality and creativity of the business project: the differentiating and innovative nature of the application will be identified, mentioning key aspects of the company that meet the evaluation criteria of the applications (eleventh base) and with the defined categories of the second prizes (fourth base) .
• Disruptiveness and innovation: it can refer to a new product, a new service, a new organizational model, a new process, a new solution approach, etc.
• Indicate if it is a business project belonging to sectors traditionally reserved for men.
• Technical and economic feasibility: basic information will be included that allows evaluating the economic viability of the project in the market.
• Possibilities of scaling in the short and medium term. Scalability understood as the ability to be developed in areas other than those for which it was initially designed. The elements that guarantee the future growth of the project to reach more people or for its development in different areas or environments beyond the city, region, community for which it was initially designed will be indicated.
• Action plan: a schedule and description of the activities to be carried out in each of the stages scheduled for the execution of the project will be included, indicating, where appropriate, the stage in which it is at the time of participation in this announcement.
• Images and supporting graphics may be presented, but always without exceeding the limit of 5 pages.
• The professional profile of the promoters can be included, but in no case will their personal data be provided.

The submitted applications will be valued with a maximum of 15 points according to the following criteria:

• Originality and creativity of the business project. The differentiating and novel character of the application will be valued. Maximum 3 points.
• Disruptiveness and innovation. Innovation can refer to a new product, a new service, a new organizational model, a new process, a new solution approach, etc. Maximum 3 points.
• Because they are projects belonging to sectors traditionally reserved for men. Maximum 3 points.
• Technical and economic feasibility. A realistic assessment of its viability in the market will be made. Maximum 3 points.
• possibilities to climb in the short and medium term. Scalability understood as the ability to be developed in areas other than those for which it was initially designed. Maximum 3 points.

The Madrid City Council financially endows this prize in the following amounts:

• “Entrepreneur of the Year 2022” Awardwith an amount of 20 000 euros
• Two prizes for the finalists with an amount of 10 000 euros each
• 15 second prizes with an amount of 4000 euros each, in the following categories:
  • youngest entrepreneur
  • Entrepreneur "silver"
  • Entrepreneur from Madrid
  • Entrepreneur with the most technological project
  • Entrepreneur with the most innovative project
  • Entrepreneur with the project with the greatest environmental impact
  • Entrepreneur with the project with the greatest international projection
  • Entrepreneur with the best project in the field of health
  • Entrepreneur of the network of business incubators of the Madrid City Council
  • Entrepreneur with the best project in the Food Tech sector
  • Entrepreneur with the project with the greatest growth potential
  • Entrepreneur with the best elevator pitch
  • Entrepreneur with the best project in the HORECA sector
  • Entrepreneur with the best project in the STEM area
  • Entrepreneur with the best Corporate Social Responsibility (CSR) policy

In addition, the winning companies will receive different contributions in kind from the sponsors.