1. Candidates should be aged 40 or under at the close of entries on 11 October, 2002
 
2. Business Achievements: Achieved commercial success, demonstrated business growth and development through financial return and market position in the regional or global market.
 
3. Entrepreneurship: Demonstrated the leadership and ability essential to long-term business success.
4. Innovation: Established creative ideas and innovative programmes that enabled the organization to excel against competitors in the industry.