Business Elite’s “40 Under 40” is a prestigious award program that identifies outstanding young Executives and Entrepreneurs in the world’s business and creates networking opportunities for the up-and-comers, aspiring young business leaders and industry disruptors with the undoubted attitude, quality, potential, desire, determination, and ambition to shape the world of business over the coming decades.
It is one of the world’s most popular and prestigious awards for young business leaders. It is almost certain that our awardees will create remarkable track records of achievement post-award.
Nominations process
The nomination process is inclusive and ensures fair treatment of every nominee.
Submission
One can nominate himself/herself, or be nominated by another individual or company. Parallel to it, members of the Business Elite Awards team can also submit a nomination for someone who they consider deserves to be part of the process.
Research
Each nomination is very carefully prepared based on a thorough secondary research from a range of publicly accessible sources by our skilled and well trained research team. After the final completion, every nomination is submitted to the Advisory Board for an evaluation.
Evaluation process
The evaluation process is crafted to guarantee that nominees are assessed based on their achievements, reputation, leadership skills, and ambition to further succeed in business.
Selection criteria
Nominees are evaluated according to the following criteria:
- Career progress, past job positions, and business accomplishments
- Current company’s geographical reach and potential for expanding into new markets
- Current company’s corporate and/or product brands’ values
- Level of management of nominee’s position within the organizational structure
- Number of personal and/or corporate local, national, regional or international awards and other recognitions
- Inspiring personal story on the road to success
- Level of innovation, creativity, and other intrapreneurial skills in conducting business practices
- Personal image/reputation within the business community
- Initiation of and/or engagement in successful execution of CSR activities
Final decision
Each nomination is evaluated independently. After a careful review, The Advisory Board can either approve or reject a nomination based on whether the nominee satisfies the selection criteria. The Board’s decisions are final and there is no appeal process.
BENEFITS
The “40 Under 40 Awardees will have the options to:
- Receive a prestigious recognition and a unique chance for self-promotion and promotion of the achievements
- Attend and be awarded during the particular year’s Award Ceremony and Gala Dinner
- Use the official “40 Under 40” badge for own promotional purposes
- Join the prestigious Business Elite’s “Executive Club”
- Enjoy significant discounts for future summits, seminars and other networking events
- Network with other successful business leaders globally
