Smart Cirquit wins Arbuthnot Latham’s Inspiring Innovator of the Year award for 2021

Private and commercial bank Arbuthnot Latham recently announced the winner of their Inspiring Innovator of the Year award for 2021, with installers Smart Cirquit taking the prize.

Smart Cirquit installs ‘Smart Circuits’ into houses to improve the efficiency and shelf life of existing switches. The Award will provide Smart Cirquit with the opportunity to benefit from expertise and learnings shared through networking and mentorship opportunities, ultimately helping to drive business development and growth. Smart Cirquit will use its prize money to continue to invest in its product, marketing and drive business growth.

Each year, Arbuthnot Latham identifies four exciting new businesses from Bayes Business School City, University of London, all with the key potential to disrupt their chosen market.

The Inspiring Innovator of the Year Award creates a platform for these entrepreneurs to showcase their businesses to key industry figures across the entrepreneurial ecosystem and
build relationships.

Paul Beach, Head of Entrepreneurs at Arbuthnot Latham, said: “After our sixth Inspiring Innovator of the Year award, we are excited to congratulate Smart Cirquit on their success
having pitched their idea brilliantly and demonstrated how their product is providing a solution to a critical challenge.

“Smart Cirquit have very much identified a gap in the market – providing an essential service for customers with disabilities who have been historically underserved by many businesses and bringing a product to market that improves the efficiency of electrical infrastructure.

“We are delighted to continue to support early-stage businesses through the Inspiring Innovator of the Year Award. We work with entrepreneurs from start up right through to exit
and beyond.

“Our unique mix of relationship managers, clients, partners, and wider contacts throughout the entrepreneurial ecosystem allows us to build a bespoke mentoring programme to support our winner. The quality of pitches this year was fantastic and we wish Smart Cirquit and all our finalists every success.”

Smart Cirquit added: “We’re so proud to be recognised as this year’s Inspiring Innovator. It’s been a fantastic – and challenging – process and we have met some incredible people
along the way.

“This award will help us to grow our business and continue on our mission to bring Smart Cirquits to homes everywhere. We’d like to thank Paul Beach and Arbuthnot Latham for their support throughout our journey and look forward to working together.”