ALERT Life Sciences Computing, S.A. received the COTEC - BPI Innovative SME Award at the 4th COTEC National Meeting which took place at Culturgest, Lisbon, on May 16.
COTEC Portugal is a Business Association for Innovation promoting the competitiveness of companies established in Portugal. In addition to a number of COTEC representatives, the President of Portugal, Anibal Cavaco Silva, the Minister of Economy and Innovation, Manuel Pinho, and the Minister of Science and Higher Education, Mariano Gago, were present in the official ceremony.
This year, the grand COTEC award was given ex-aequo to ALERT Life Sciences Computing, S.A and Frulact. The honorable mention went to Vortal. For the 3rd year in a row, ALERT was nominated to integrate the COTEC Portugal Network of Innovative SMEs.
During the event, the jury emphasized "the innovative character and sustainability of the ALERT® solution - based on knowledge and organizational skills", as well as the company's "valuable contribution towards the creation of new markets within the health sector, evidenced by their growth rate and internationalization, which is of major importance".
For M. Jorge Guimarães, M.D., Ph.D., C.E.O. of ALERT Life Sciences Computing, S.A., "this is the greatest public recognition that ALERT has ever achieved, despite the fact that, in 2005, ALERT® software was included in the Good Practice Guide on Vocational Training, promoted by the European Social Fund; two of the hospitals which implemented ALERT software received the Public Service Award on Innovation, in 2006 and 2007, and we were the only Portuguese company to be nominated for the European IST Prize, in 2006".
During his speech, he also pointed out to the fact that "ALERT has demonstrated how it's possible to create something truly significant with scarce resources"; that "it's possible to innovate and compete with limited use of venture capital" and that it's also possible to "develop cutting-edge technology in Portugal and compete at a global level".
The President of Portugal, Anibal Cavaco Silva, congratulated the award-winning companies, which stood out for the "recognized excellence of their business and innovation models".
During the closing statement, the President also stated that "there is a growing awareness among entrepreneurs that the capacity to transform ideas into innovative products and services is more and more important and decisive for a company's success. Politicians are also aware that the sectors presenting the greatest potential for growth, as well as those that more successfully support economic and social progress in the country, are knowledge-intensive sectors".