Aligning with the awards' eligibility criteria

Who can apply?

To enter the awards program, companies must satisfy the following eligibility criteria:

  • In operation for at least 5 years
  • Annual revenue of at least USD 50 million (in the most recent accounting year)
  • Majority stake (>50%) owned by Indonesia residents or entities, which may include:
    • an Indonesian-owned private company
    • an Indonesia portfolio of companies controlled by an Indonesia venture capital and Indonesia private-equity firms
    • family offices
  • HQ or major decision-making centre in Indonesia
  • Fully compliant with the prevailing legal, tax and ethical frameworks within the country

The following organisations are ineligible:

  • Public companies where the majority stake (>50%) is not privately-held by residents or entities within Indonesia
  • Foreign multinationals and their subsidiaries
  • Credit institutions / insurance companies / banks / co-ops
  • Government-owned entities / public sector agencies
  • Charities and not-for-profit enterprise
  • Partnerships / JVs
  • Large private equity funds (>USD 250m fund size)
Best Managed Companies
Did you find this useful?