Product of the Year is one of New Hampshire’s largest business events and offers finalists and winners significant visibility through the judging process and product demonstrations, both at the event and in overall promotions.
At POY, the audience is actively engaged and helps select the winner. After the presentations, audience members cast their votes for top product. The audience vote counts towards 50% of the final tabulation, with the initial judges’ votes comprising the remaining 50%. The winner is announced live at the conclusion of the event and will have their company name etched into the prestigious Product of the Year crystal trophy. The trophy and the finalist’s winning product will be displayed at the Manchester-Boston Regional Airport.
Past POY winners include Measured Air Performance, iCAD, Inc., Wilcox Industries, Plexxi, Prosenex, Single Digits, Nanocomp Technologies, UltraVision, InsightTech Gear, Holase Incorporated, Sky-Skan, Foss Manufacturing and Therma-HEXX. Learn more about past winners.
“We’re excited to shine the spotlight on the incredible innovation taking place right here in the Granite State at our Product of the Year award celebration,” said Lisa King, POY committee chair. “This is an unprecedented opportunity not only for inventors to make important new connections, but to increase the visibility of their companies and products right before a prestigious group of NH entrepreneurs.”
The competition is open to any company with a headquarters, subsidiary or division based in New Hampshire. Products must have been released or significantly updated within the previous 12 months and must meet the broad categorization of high technology and/or advanced manufacturing. There is an application fee of $200 for Alliance members and $350 for non-members.
Each year in mid-September after the application deadline closes, up to five finalists are selected by a panel of esteemed judges with entrepreneurial and investing experience, as well as some past winners. They then present their products at the October POY event through a series of seven-minute presentations before a live audience.
After the presentations, audience members vote for their favorite product. When calculating the votes, the initial judges’ vote counts for 50% of the final tabulation with the real-time audience vote comprising the remaining 50%. The Product of the Year is announced at the end of the event.
“One of the hallmarks of Product of the Year is the unique element of audience engagement,” said Matt Cookson, NH Tech Alliance ex-officio executive director. “Along with the interactive displays and presentations, the audience has a direct hand in crowning the winner through the real-time voting process. The excitement is palpable.”
Major sponsors of the 2018 POY Awards include Oracle + Dyn, Consolidated Communications, Newforma, Cook, Little, Rosenblatt & Manson, Autodesk, Hanover Insurance, Cross Insurance, Eversource, Single Digits, Sheehan Phinney, TD Bank, People’s United Bank, Cirtronics and BerryDunn.