The Global Tech Awards recognizes excellence in various fields of technology, including Food Technology (FoodTech). The following are the criteria for Food Technology (FoodTech) Awards Category:
Innovation: The company or product should demonstrate a unique approach to solving a problem in the food industry.
Impact: The company or product should show measurable impact on the food industry, including improvements in efficiency, sustainability, or consumer health.
Scalability: The company or product should have a clear path for growth and scalability, with a well-defined business model and strong market potential.
User Experience: The company or product should provide a positive and intuitive user experience for customers.
Technological Advancement: The company or product should utilize cutting-edge technology to drive innovation and improve the food industry.
Team: The company's management and development teams should have a strong track record of success in the technology and food industries.
Financial Performance: The company should show strong financial performance, including revenue growth, profitability, and a well-structured financial plan.
Market Awareness: The company or product should demonstrate a strong understanding of market trends and consumer behavior, with a well-defined go-to-market strategy.
The judges will also consider other factors such as the nominee's overall impact on the Food Technology (FoodTech) field, the level of creativity and originality of the solution, and the nominee's ability to overcome technical and market challenges. All decisions of the judges are final.