Friday September 12, 2003 Gizmo Magazine was named one of the four winners of the inaugural B2Bcafe Black Box Innovation Awards at Federation Square in Melbourne last night.
Dr David Warren, the Australian inventor behind the Black Box Flight Recorder presented the four awards open to innovators across all industry sectors.
"The Black Box is an Australian innovation icon and serves as a metaphor for would-be inventors," explained B2Bcafe founder Warren Lester. "Dr David Warren developed the original Black Box prototype but couldn't convince others that there was a market for it. Both Dr Warren and Australia lost out when more opportunistic parties successfully commercialized the product offshore.
"The Black Box also highlights the extent of Australia's unrealized opportunities and that's the reason for the awards to publicly recognize true Australia innovation and avoid losing future commercial openings."
The four Black Box Awards were presented to companies in four different award categories; Small (less than 5 staff); Medium (6-100 staff); Large (more than 101 staff) and Not-for-profit organizations.
Award criteria stipulates that the innovation must be a tangible working product or service operating in the marketplace, Australian, and provide a meaningful contribution to society. Commercial success or maturity of the venture does not determine the awards.
See the stories that matter in your inbox every morning