Singapore 40 Under 40 Business Leaders - FAQs
Fees & Related Payments
No. There is no application or registration fee to be paid in order to submit an application.
No. There is no renewal, annual or subscription fee to be paid.
The one-time cost for the Alumni Kit is S$ 7,884.00 (inclusive of 9% GST).
The Alumni kit is applicable for nominee whom has been assessed and awarded, and has been notified of their win through registered notification channels. No individual request for purchase of the Alumni kit is accepted. Awardees of the Singapore 40 Under 40 Business Leaders will be required to take up the Alumni Kit. [Refer to Alumni Kit for the detailed information]
The cost for the Alumni Kit is used to defray related costs including but not limited to assessments and evaluations, background checks, resources, ceremonial and event costs for the Singapore 40 Under 40 Business Leaders. This will enable ATC to continue providing complimentary support to assist and engage businesses or provide pro-bono support for individuals.
No.There isn't any additional cost other than the one-time cost of S$ 7,884.00 (inclusive of 9% GST) for the Alumni Kit.
The withdrawal administrative fee is imposed when the assessment for the application has been concluded, and the applicant has been notified of the application's approval but have decided to withdraw the application.
The withdrawal administrative fee is imposed to offset relating assessment cost and resources consumed for the application.
In the event where the application has failed its assessment, has been rejected or the applicant has not been notified of his/her application's outcome, the withdrawal administrative fee will not be applicable.
The withdrawal administrative fee is S$ 864.00 (inclusive of 9% GST).
Payment can be made directly through your BizPortal account. You may access your billing page through "My Billings" and select your preferred payment mode. Please note that we do not accept cash payment.
Pre-submission of Application
Launched in partnership and supported by Fortune, the Singapore 40 Under 40 Business Leaders Award is a prestigious international recognition program that celebrates the exceptional achievements and outstanding contributions of young influential professionals within the vibrant business landscape of Singapore.
In a city-state nation that is renowned for its dynamic economy and entrepreneurial spirit, the Singapore 40 Under 40 Business Leaders Award shines a spotlight on influential individuals under the age of 40 who have demonstrated remarkable achievements in the field of leadership, innovation, business and impacts within their respective trade and industries.
Individuals are identified and honoured amongst all, for their achievements and success in the business field, as well as their significant and meaningful contributions to the communities, industries, and nation as a whole.
The Singapore 40 Under 40 Business Leaders Award is more than just a recognition for individuals;
It showcases Singapore's influential and successful business leaders that continues to inspire future generations, foster innovation, and build a strong network of accomplished young leaders who will continue to shape the future of Singapore's business landscape, globally.
Any individual who is aged 40 or under in the year 2026 (ie: born in or after 1986) and is the keyman or C-Level personnel of a Company with its headquarter based in Singapore can enter as a nominee. The other entry and application criteria have to be met as well.
We do not commission any third parties to act on behalf and/or to perform consultation service(s) for applicants.
To assist applicants in the provision of supporting documents, ATC has introduced a series of automated assisted functions which is available through your BizPortal account upon successful submission of application. You may consolidate the referencing document(s) and submit it directly through your BizPortal account.
In the event where you require further assistance, please contact our Community Office at 6304 3145 for assistance. An officer will be assigned to assist you throughout your application journey.
No. You do not need to be a member to apply for the Singapore 40 Under 40 Business Leaders.
No. Your business is not required to have a BizPortal account to submit an application. If you are new to ATC, a BizPortal account will be created automatically upon successful submission of your application.
If you currently have a BizPortal account, you can skip the form filling process as information will be auto-populated from your account information.
Awardee / Alumni in the class of the immediate preceding year, a one (01) year gap is applicable before you are able to participate.
For nominees and individuals who are not an alumni of the Singapore 40 Under 40 Business Leaders, you may participate in the current year's award.
After Submission of an Application
Yes. The application questionnaire contained in your BizPortal under your submitted application is required to be completed and uploaded within seven (07) working days after your application has been submitted.
The questionnaire can be downloaded from your BizPortal account, indicated under the relevant application tagged under "Singapore 40 Under 40 Business Leaders".
No, apart from the application questionnaire.
The assessing officer may request for additional supporting documents to be provided during the course of assessment. However, you may wish to provide supporting documents that further supports your application in the various areas (ie: social impacts / business growth, etc)
You may contact our Community Office at 6304 3145 or use the Live Chat function located at the bottom right of your BizPortal (after login) to connect with our officers. Our officers will be able to assist you in your submission process.
No. A site visit or interview session will be raised by your assigned assessment officer if your application requires further clarification(s) or additional information / documents are required. The site visit will consists of official business premise and site verification by our assessment officer, together with the verification of additional supporting documents raised.
Information, materials and supporting documents are kept strictly private and confidential and will only be used by the Association of Trade and Commerce (ATC), assessment unit, sponsors and respective affiliates under the recognition segment.
The assessment process takes approximately 21 working days.
You may check your application's status by logging in to your BizPortal account. Alternatively, you may contact our Accreditation Division at 6491 1027 or email accreditation@atc.sg for assistance.
You will be notified of your assessment result through email and SMS (as per records in your BizPortal account).
Post Assessments
Congratulations! This indicate that assessments for your application has concluded and you will be recognised the alumni of the Singapore 40 Under 40 Business Leaders.
You can now proceed to login to your BizPortal account and follow through the next steps for your application or to proceed to make payment for the Alumni Kit.
Within two (02) working days.
Your digital kit will be released through your BizPortal where you can access your digital certificate, documents as well as the respective labels and trademarks that you can incorporate.
Unfortunately, if your application has been rejected, this indicates that you may not have passed one or more of the assessment and judging criteria or your overall grade has fall below the minimal percentile to proceed to the final judging stage. You may wish to try again the next year.
No. The assessment results are final and binding. It is strongly recommended for you to review your internal and external policies and/or practices before submitting an application.
Yes. However, a withdrawal administrative fee of S$ 864.00 (inclusive of 9% GST) will be imposed for application withdrawal after the assessments have been concluded and the applicant has been notified of the application's approval status.
The withdrawal administrative fee is applicable as resources have been consumed during assessment.