For The Spectator’s 2020 Economic Innovator of the Year Awards, sponsored by Julius Baer, we have introduced a new award for Social Impact to reflect the fact that today’s entrepreneurs, especially younger ones, tend to believe that business should aspire beyond profit (even though they recognise that profit is essential for any business to survive, grow and reward its investors) towards trying to make the world a better place.

The panel of guest judges comprised Priya Lakhani OBE, founder of pioneering edutech venture and last year’s overall winner Century Tech; Jonny Ohlson, founder and chief executive of the 2018 overall runner-up Touchlight, which manufactures DNA for medical laboratories and is currently involved in several Covid vaccine projects; and David Durlacher, UK chief executive of Julius Baer.