YOUNG ENTREPRENEUR AWARD Criteria: Candidates must be 40 years of age or under at the relevant financial year-end of their company and be the owner of said company The company must be public or private, registered in Hong Kong or Pearl River Delta. It must have been started by the candidate Candidates must have made a proven and substantial contribution to the company through the outstanding application of talent, managerial skills and innovation Candidates must have also demonstrated: Development of an original business concept Possession of an innovative approach to business affairs Ability to adapt to changing business environments and standards Contribution to the raising of managerial skills Establishment of a viable organisational structure Respect from subordinates, setting of an example for the organisation, and motivation of the employees Establishment and maintenance of harmonious relations within the company Perseverance, tenacity and flair in working towards objectives Development of a culture to support i.e. established a company mission, vision, core values, business strategy and corporate / department strategies HR management that aligns with business objectives Diversification of business objectives beyond product and market Determination and strong leadership skills Effective risk management Commitment to socially responsible business practices