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We have received reports that entites are being solicited for sales packages purported as "Business Awards". [Read More]
Exercise caution and conduct due diligence before making payment for “business award” offers. [Read More]

Assessment & Evaluation Components

Advisory: Exercise vigilance, Verify source of communications.

We have received reports of third parties contacting businesses and members listed in the Award Winners Registry for commercial purposes, promoting sales packages purported as "Business Awards". Some businesses have also reported receiving unsolicited WhatsApp messages claiming that they have been “selected” for these "Business Awards".

Please note that ATC do not issue award invitations via messaging platforms such as WhatsApp. We strongly advise businesses to exercise caution, verify the sender’s identity, and refrain from sharing personal, business or financial information with unknown parties.

Important Note: ATC only administers the Singapore 40 under 40 Business Leaders and the other segments listed under ATC’s Business Standards. If you are unsure or would like to verify any communication, please contact us at 6304 3145 or email members@atc.sg for assistance.

Visit our advisory page for more information .

Assessment & Evaluation Components

Upon submission of application, the nominee will be evaluated and graded in accordance to the following judging and assessment components to be determined on his/her position to be awarded the Singapore 40 Under 40 Business Leaders.

The assessment process includes background checks, assessments, interviews and verifications, which will be conducted in phases by ATC's assessment unit. Core components that are assessed includes but is not limited to:-

  1. Business Achievements
    The nominee will be assessed for his/her abilities that have led the business to achieve its growth and competitive position in the current and past years. The nominee will be required to include quantifiable results and metrics where possible.
  2. Business Leadership and Management
    The evaluation includes assessment of the nominee for his/her ability to lead the business in driving significant growth, entry and development in new markets as well as management of resources. The nominee will also be assessed for his/her strength in implementation of policies to enhance the business's work environment.
  3. Revenue and Business Growth Capability
    Apart from the entry requirement of achieving at least SGD 3million revenue in the immediate preceding year, the nominee will be evaluated for his/her ability to drive continued business growth in revenue as well as the profitability of the business.
  4. Social Impact
    The nominee will be assessed on his/her contributions to the industry and community. This includes evaluation of what did the nominee contributed, through their work or passion in the form of initiatives or innovations they have led.
  5. Compliance
    The nominee will be reviewed for his/her compliance standards which includes the ability to maintain regulatory compliance for the business. The nominee and any business(es) that the nominee is the key person in or is a part of full shareholder in, must ensure that compliance(s) are met, free from litigation and proceeding, and are not placed on watch or barred list.