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Evidence-led evaluation

Selection Criteria

Nominations are measured across leadership, growth, governance, innovation, impact and contribution.

Leadership & growth

  • ◆Entrepreneurial leadership for sustainable and profitable growth
  • ◆New entrepreneurship and employment generation
  • ◆Strategic plans for sales, client retention, expansion and diversification
  • ◆Resilience and revival in difficult situations
  • ◆Performance in the applicant’s respective field

Governance & finance

  • ◆Good governance, fair business practices and ethics
  • ◆Financial management and stronger credibility and creditworthiness
  • ◆Preparation for capital markets, expansion or diversification
  • ◆International standardisation certificates and recognitions

Innovation & competitiveness

  • ◆Advanced technology for quality, productivity and global competitiveness
  • ◆Innovation, invention, automation and import substitution
  • ◆Research, development, design, patents and licensing
  • ◆Joint ventures, technology transfers, contract manufacturing, mergers and acquisitions
  • ◆Branding, marketing and promotion strategies

Impact & contribution

  • ◆Creating and supporting women entrepreneurship
  • ◆Policy advocacy and speedy implementation
  • ◆Energy conservation and industrial safety, where applicable
  • ◆Social responsibility and empowerment of other entrepreneurs
  • ◆Recognitions from prominent organisations in the last three years

Selection depends on reliable information and supporting evidence. Shortlisted nominations may proceed to an interview, premises visit and final Jury review.