Maldives Business Awards 2018 has successfully awarded all 23 winners with their respective accord on Saturday night during an event held at Paradise Island Resort.
Organised by the local PR firm, Blazon Inc, the event attracted an approximate 250 invitees including the award winners along with sponsors, partners and corporate executives. The attendees will also include policy executives, civil society representatives, finance and business agency executives as well.
A grand total of 185 applicants took part in the awards out of which 56 were selected as finalist and 23 were named winners following over100 hours of judging. The Judges panel of Maldives Business Awards 2018 consisted of a total of members who worked to the best of their abilities to ensure that all the entrants had a fair chance of winning.
The judge's panel consisted of:
The entrants for the awards were evaluated under several criteria which includes research, development, company growth, products and services, market development, sales and marketing, community service, innovation, employee engagement, customer engagement and CSR.
The finalists were announced by the judges, with proper notification sent to finalists and their selection announced to media during a special event designated for it. Following this, the finalists were interviewed by the judging panel with the provision of the opportunity to the finalists to create a presentation of their respective entries.
The awards are given under categories which include Industry Excellence awards that will be given to notable business entities under the major economic sectors of Maldives, the Enterprise Excellence awards that will be granted to businesses or ventures for significant milestones achieved.
The awards also include Individual Excellence, which as the name suggests will be awarded to business individuals or intellects with exceptional conduct or achievements and the final category. Elite Awards are special awards to acknowledge significant contribution in the business sector.
The finalists from Individual Excellence went through a popular vote process via SMS which determined 50% of their total score on average percentage, while judges evaluated the other 50%.
A Full List of the categories and winners can be found below:
Industry Excellence
Enterprise Excellence
Individual Excellence
Elite Awards
The Maldives business award is officially supported by the ministry of economic development and the award has been endorsed by the ministry of finance and treasury, Capital Market development authority, Maldives media institute, GCI Maldives, Maldives stock exchange, Women on Board, Women in Management, Privatisation and corporation board and MATATO.
Title Sponsor for Business Awards are STO, Platinum sponsors are Allied insurance and Dhiraague and the Gold Sponsors for the event are Maldives Ports Ltd, Coraline Maldives and Atoll Market.
The official host partner is Hulhule Island hotel and Maagiri hotel. Print partner for the event is print lab creatives, Tech partner is Images mv, Design partner is pro designs, event partner is Unica, the Official broadcast partner is PSM, media partners are sun media, Maldives business review and the island chief. Finally, the entry campaign partner for the award is Maps College student association.
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