HSBC Youth Business Award 2017

Recognising how far shared ambitions can take you

Judging Criteria and Process

Judging Criteria of Business Award

The selection of the winning business enterprises will be based on their products/services, market positioning and competitiveness, marketing and promotion, business sustainability, finance and cost control, as well as any other relevant information provided.

Criteria

% of total score

Products / Services
The nature, originality and variety of the products / services in the market.

30%

Market Positioning and Competitiveness
The market positioning and competitive edge of products / services in the market.

20%

Marketing and Promotion
The promotion strategy, customer relationship management and cost effectiveness.

20%

Business Sustainability
The business development strategy and management development.

15%

Finance and Cost Control
The pricing strategy of the products / services and cost control strategy.

15%


Judging criteria of the Innovation Award

Criteria

% of total score

Innovativeness
The innovativeness of business in products, services, technology, business model or suchlike.

50%

Market Positioning and Competitiveness
The market positioning and competitive edge of products / services in the market.

15%

Marketing and Promotion
The promotion strategy, customer relationship management and cost effectiveness.

10%

Technology Application
The application of technology to improve the business development.

10%

Business Sustainability
The business development strategy and management development.

15%


Application Process

Process

Business Award

Innovation Award

1. Workplace Visit

 

After Stage 2 Application, the Secretariat may visit the shortlisted business enterprises, if necessary, for a better understanding of the operations.

2. Initial Assessment

 

All shortlisted business enterprises must attend the first round interview on 16 September 2017.

N/A

3. Final judging

Finalists must attend a final interview conducted by an independent judging panel. The final interview will be held on 7 October 2017. All decisions made by the judging panel shall be final.

 

For award details and enquiries, please contact The Hong Kong Federation of Youth Groups, The “HSBC Youth Business Award” Secretariat:

Tel no.: 3595 0945          Email address: ybaward@hkfyg.org.hk

Website: http://ybhk.hkfyg.org.hk/ybaward2017

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Call us on

+852 2748 8288

Any questions…

about commercial banking?


Ask Amy

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