2023 IOP Business Awards are now open
Do you know a business whose brilliant contribution to physics should be celebrated?
The Institute of Physics (IOP) Business Awards recognise the vital role physics and physicists play in the UK economy, creating jobs and growth by powering innovation to address challenges from climate change to better healthcare and food production.
Since 2012, the IOP Business Awards have celebrated the achievements of more than 70 physics-powered businesses across a variety of sectors, who have demonstrated excellence in the innovative application of physics to a product or service.
There are three categories of IOP Business Award:
Innovation Award
This award recognises and celebrates companies that have excelled in innovation, delivering significant economic and/or societal impact through the application of physics.
Start-Up Award
This award recognises and celebrates young companies with a great business idea founded on a physics invention, with the potential for business growth and significant societal impact.
Lee Lucas Award
The Lee Lucas Award recognises and celebrates very early-stage companies taking innovative products into the medical and healthcare sector.
The IOP will also award a Technician Award and three prestigious medals and prizes of £1,000 to individuals for their contribution to the application of physics in an industrial, commercial or business context.
Find more information about each category and a video explainer of the application process.
If you are taking exciting, disruptive, physics-powered innovations to market, you should apply to the 2023 IOP Business Awards before the deadline of 30 January 2023.
First published 11 January 2023