The search is on for the next great idea that could win a local business or individual $25,000. The Dayton Area Chamber of Commerce is accepting applications for the 2017 Soin Award for Innovation.
“The Dayton area has a long history of innovation and discovery,” said Rajesh Soin, Chairman and CEO of Soin International. “We must continue to encourage our local entrepreneurs to build on this and create new enterprises, jobs and additional opportunities for this region. On behalf of the Soin Family, I am proud to support this annual award that recognizes the accomplishments of these individuals and businesses.”
The Dayton Area Chamber of Commerce and the Soin family have partnered to offer the Soin Award for Innovation for the past 10 years. The winning applicant will best demonstrate an entrepreneurial spirit through a recently or soon-to-be introduced product or service. The unique offering must have the ability to sustain long-term growth for the company, increase local employment and assist in the creation of economic prosperity within the Dayton region.
Last year’s winner, Redwall Technologies of Beavercreek, took the top spot with the creation of an innovative mobile device security application.
“The Soin Award came at a perfect time,” said John Rosenstengel, president, Redwall Technologies. “We are just now hitting the marketplace and to be recognized by the local business community as a highly innovative solution will give us additional marketing presence and also, we hope, identify us, so that whenever an automobile company for example, is looking to improve security for its devices, we pop up on the radar.”
A selection committee made up of representatives of the region’s business and academic leaders, along with the chamber’s Education and Public Improvement Foundation (EPI Foundation) Board members, will choose one applicant to receive a $25,000 cash award and its accompanying public and community recognition.
Applications are due no later than close of business February 17, 2017. The Soin family will present the Soin Award for Innovation at the Dayton Area Chamber of Commerce Annual Meeting April 20, 2017.
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