There are five Award categories

1. Commonwealth Bank Business Owner Award
Owners with a 50 per cent share or more in a business with responsibility for key management decision-making.

2. Hudson Private and Corporate Sector Award
Employees in the private and corporate sectors, or owners with less than a 50 per cent share of a business.

3. White Pages Community and Government Award
Employees in government departments, statutory bodies or not-for-profit organisations.

All entrants in one of the three categories above are eligibile to win the Nokia Business Innovation Award and the marie claire Young Business Women's Award.

4. Nokia Business Innovation Award
This recognises successful innovation within a business or workplace.

Entrants in categories 1-3 can choose to be considered for the:

5. marie claire Young Business Women’s Award
Entrants are eligible for this Award if aged 34 years or younger as at 30 June 2011.