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INESC Porto project is finalist in Impact Awards

INESC Porto’s project Smartwatt is one of the finalists in the Impact Awards organised by Unico, a UK association that represents professionals investing in innovation and knowledge transfer from the universities to the industry.

04th June 2009

INESC Porto participated in this competition with three projects (Tomorrow Options, Escolinhas and SmartWatt). The winners will be announced in a ceremony at the Unico Conference Gala Dinner, Brighton Racecourse, United Kingdom, on 11 June 2009.

The awards are divided in three categories: Business Impact, Environmental Impact and Public Policies and Services. INESC Porto’s project, submitted through the Innovation and Technology Transfer Unit (UITT), has been nominated in the category of Environmental Impact, together with other projects submitted by four universities.

The objective with these awards is to acknowledge and celebrate the processes of knowledge transfer for the benefit of society and economy. The awarded projects have to demonstrate that they have met the participation criteria, namely through the results achieved by the projects, their environmental impact, as well as impact on public policies and services. At the same time, the projects must prove that knowledge transfer has been pivotal in the process.

Smartwatt is a spin-off company from INESC Porto which supplies energy efficiency solutions and strategic consulting in the Energy area. This project is the sole Portuguese representative in this final stage of the competition, together with other 13 finalists, all from the UK. These finalists have beaten off stiff competition from other entries shortlisted for The Impact Awards.

For the project to reach this level of maturity in a relatively short period of time, INESC Porto’s knowledge transfer activities were particularly important. The nomination for this award is yet another proof of the important role of the institution’s competences in the areas of innovation and technology transfer for which its knowledge capital and entrepreneurial vision are crucial.

 BIP, May 2009