Panamanian companies have until January 26, 2026, to apply for the National Business Innovation Award 2025. The Chamber of Commerce, Industries and Agriculture of Panama is organizing the competition to recognize firms transforming their processes, products, or services for greater economic and social impact.
Now in its nineteenth year, the award program is open to businesses of all sizes and sectors. It is jointly developed with the National Secretariat of Science, Technology and Innovation (Panama) (SENACYT). Organizers stress that innovation is not exclusive to large corporations but is a practical tool for any business aiming to improve.
“In Panama, innovating does not depend on the size of the company, but on the decision to improve,” the business guild emphasized in its weekly column. [Translated from Spanish]
The award ceremony is scheduled for March 11, 2026. It will be held during the international trade fair known as EXPOCOMER.
Financial Incentives and Award Categories
A total of $77,000 in prize money will be distributed. The top three finishers will receive the largest shares. First place earns $30,000, second place receives $20,000, and third place is awarded $10,000.
Companies ranking from fourth to tenth place will each get a $1,000 recognition award along with a commemorative statuette. The program also includes a specific category for female entrepreneurial leadership called Businesswoman of the Year.
Broad Criteria for Business Innovation
The competition seeks to consolidate a business culture focused on creativity and strategic technology use. Judges will evaluate projects that generate tangible impacts on productivity, competitiveness, and employment within Panama.
Beyond economic metrics, the award highlights the social dimension of innovation. It promotes initiatives that place people at the center of productive processes and foster dignified, formal employment. This dual focus aims to strengthen the country’s overall productive framework.
Application guidelines and the official form are available on the websites of the Chamber of Commerce and SENACYT. All proposals must be written in Spanish and submitted to the email addresses innovacion@panacamara.org or premio2025@senacyt.gob.pa.
Companies with questions can call 207-3400 or 517-0099 for additional information. The deadline for submissions is 11:59 p.m. on January 26.