Business Elite’s “40 Under 40” is a prestigious awards program that identifies outstanding young Executives and Entrepreneurs in the world’s business, visionaries, and innovators changing the way things are done. They are inspiring others and already giving back to their communities and to their own countries. And every one of them is under the age of forty.
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.
The nomination process is inclusive and ensures fair treatment of every nominee.
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.
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.
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.
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
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.
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 the rest of Europe’s business leaders