GENEVA - The World Intellectual Property Organization (WIPO) Global Awards program has announced the results of its 2023 competition, celebrating winners who have used intellectual property (IP) not just for business success, but also as catalyst for economic, social, and cultural impact, a press release stated by the Organization.

This year, small and medium-sized enterprises (SMEs) from China, France, Kenya, Mexico, Singapore, and Slovenia are the winners of the second edition of the annual competition.

The winners of the WIPO Global Awards are at the forefront of innovation and creativity. Their contributions in diverse fields, driven by creative and forward-thinking approaches, highlight the transformative potential of IP in shaping a brighter future.

In an awards ceremony held during the July 6-14, 2023, WIPO Assemblies, Director General Daren Tang presented award trophies to the representatives of the winning enterprises.

For SMEs, IP is both shield and a sword: it not just helps to protect their ideas but is also a vehicle for entering and succeeding in new markets. This is why we are working so hard to ensure that SMEs are using IP to grow and scale.
SMEs make up 90% of all enterprises in the world. Building a more inclusive IP ecosystem that brings IP closer to SMEs is key to WIPO’s strategy, and we see these awards as a chance to celebrate, recognize and reward dynamic and innovative SMEs using innovation to change the world." WIPO Director General Daren Tang said.

The work of winning enterprises range from air quality measurement instruments to nanotechnology platforms for targeted drug delivery, to AI-based cybersecurity solutions and technologies for sustainable and biodegradable materials.

Additionally, their innovations in augmented reality, intelligent logistics, and disruptive entertainment technologies showcase the diverse range of sectors and applications in which IP has enabled the winners to thrive.

Winners will benefit from a customized mentoring program for each company, in areas such as accessing finance, establishing business partnerships, and strengthening their intellectual property strategies.