ABOUT YOUR NOMINATION
There is an in-depth search and selection process for nominations for the Awards composed of primary, secondary, and tertiary research by Enterprise Asia’s research division. Every year, Enterprise Asia trace and records more than 120,000 companies, across 24 major industries in 36 countries to identify best practices, growth patterns, business excellence, and responsible business ethics of companies within Asia.
All collaterals submitted by nominees, and information derived by analyst are collated to permit the quantitative and qualitative audit by the appointed Official Verification Partner, Judging Panel and International Advisory Council.
Nominations are analysed to verify that the entrepreneur or the company possess evident entrepreneurial spirit with proven track records, and prevails over the stringent criteria set as below:
- Evident business growth
- Practise of responsible entrepreneurship
- Market competitiveness
- Leadership qualities and entrepreneurial spirit
- Innovation of products and services
- Vision and strategic direction
- Technology advancement
- Peer and industry recognition
- Investment in people
- Local and global impact
Winner Selection Process
Research & Analysis
- Pre-Selection of Nominees
- Completion of Nomination Form
- Submission of Supporting Documentations
Audit / Verification
- Audit by Official Auditors
- Verification of Supporting Documentations
- Site Visit and Market Audit
- Audit Presentation
- Selection Interview
- Judges Deliberation
- Gala Dinner and Awards Presentation
Post – Award
- Media Publicity
- Networking in Participating Countries (Conferences, Summits, CEO Luncheons)
What is Enterprise Asia?
We are a leading NGO for entrepreneurship development in Asia. Started in 2006 we have grown into a network of over 2,000 entrepreneurs across the region.
What is APEA (Asia Pacific Entrepreneurship Award)?
It is the most prestigious Award for Entrepreneurship in the Asia Pacific region. The award recognizes and honours business leaders who have shown outstanding performance in developing sustainable businesses. This recognition program opens the doors for the winner to join the exclusive group of entrepreneurs and CEO’s and be invited for other exclusive events such as the Asia Entrepreneurship Forum, International CSR Sumit, National Entrepreneurship Forum, industry dialogues, business matching sessions, CEO luncheons etc.
How much do I have to pay to participate in the APEA? Why?
There is a region wide-fixed Nomination Fee which is USD150 (non-refundable) for nomination. This fee is to cover the administration and site audit costs that will be incurred.
What are the categories available and criteria needed for me to Nominate for this award?
We have three categories:
Most Promising (MP)
The nominee must be in the position of CEO, Managing Director, Chairman, Founder, etc, for more than 1 year and the turnover of the company more than USD1 Million.
The nominee must be in the position of CEO, Managing Director, Chairman, Founder, etc/ for more than 3 years and the turnover of the company more than USD50 Million cumulative for 2 years.
Special Achievement Category (by invitation only)
How does Enterprise Asia sustain as an NGO?
We depends on corporate sponsorship to fund our various initiatives. In addition to this, we also have linked up with various prints and tv medias to provide special media packages to our winners for branding mileage.
Who can submit a nomination for consideration?
Anyone who is associated with a successful entrepreneur can nominate the entrepreneur. This includes family members, customers, suppliers, bankers, lawyers, advertising and PR agencies, employees or even the nominee himself/herself.
What happens if I win?
The Awards Ceremony and gala dinner will be held at a 5 star hotel and will be attended by business and government leaders, past APEA winners, diplomatic representatives, and social leaders, local and international media to celebrate the success of Asia’s finest entrepreneurs. This will be a great opportunity to network with other successful entrepreneurs.
I see on your website that there were awards given for EOTY, WEOTY and LAA? Can I nominate for that?
Special Achievement Category is by invitation only and no nomination is accepted. However, invitees may be required by the Organizing Committee to submit such documentations as may be deemed necessary.
What kind of supporting documents do I need to submit?
The supporting documents include the financial report for last financial year and the nominee profile.
How many winners are there in each category?
We don’t have a fixed number. Our winners will be selected based on their performance so we can ensure a high quality network for our winners, which will be to your benefit.
Which countries are these awards held in?
The APEA has a presence in 12 markets now, including Malaysia, Singapore, Indonesia, Thailand, Brunei, India, Sri Lanka, Hong Kong, Taiwan, China, Philippines, UAE. Future plan to expand the award program to Vietnam, Australia, Korea and Japan are well in the pipeline.
Is the information in the nomination form kept confidential?
Auditors, judges and staff members of ICO and Enterprise Asia are required to sign non-disclosure documents prior to their engagement, and are governed by APEA Charter on confidentiality. Rest assured, proper steps are taken to ensure the security of the information.
What are the judging criteria?
The judges will take both quantitative and qualitative criteria into consideration in deciding on the winners. Besides evidence of sustained business growth, judges are also required to take into consideration the entrepreneur’s:
- Investment in people
- His belief and action in supporting responsible entrepreneurship.
- Leadership qualities, vision, direction and ‘story’.
- Peer and industry recognition are also taken into consideration.
If you have won other Awards in the past, this will be taken into consideration as well. However, winning other Awards are no guarantee that you will meet the stringent criteria of APEA, as the APEA are benchmarked against regional yardsticks.
How do I know if you are real and not fake?
Enterprise Asia has been around since 2006. We have distinguished and prominent people as part of our advisory panel which includes academicians, politicians and industry experts. If you look at our list of winners, we are sure that you will recognize some of the names as they are well known in their individual countries.
How can I submit a nomination?
Completed nomination form and attachments in hardcopy should be sealed and sent to the following address or email it to:
Asia Pacific Entrepreneurship
Award Enterprise Asia,
709A, Level 6, Kelana Park View Tower,
No. 1, Jalan SS6/2,
47301 Petaling Jaya,