The New England Venture Capital Association is hosting its seventh annual NEVY Awards which recognize and celebrate New England’s top innovators and companies.

This year’s award ceremony will be hosted on Wednesday, May 8 at Boston’s House of Blues.

NEVCA does not select the nominees; they are selected by academies consisting of seven to ten investors in different sectors.

This year there were three – for health care, life sciences and tech.

The association works with academy members providing them with the data on companies.

“We do a lot to integrate local companies and our investors into the show,” said Jody Rose, president of the NEVCA. “A lot of investors and companies in the ecosystem use it as an opportunity to celebrate. It is the anti-tradition to award shows, we are about doing things differently.”