Criteria
The Nominee is either an equal partner, a 50% (or more) shareholder, or sole owner in a business that has been registered and in operation in Manitoba for a minimum of three consecutive years. Her operation is a full-time venture and from it she draws her main source of income.

Selection Process
Nominations for the Awards are solicited from across Manitoba. The businesswoman must be either an equal partner, a 50% (or more) shareholder, or sole owner in a business registered and in operation in Manitoba for a minimum of three consecutive years. She must be a major decision-maker in that business; it must be a full-time venture; and she must draw a sustainable income from that business.

From the nominations received, the Selection Committee selects finalists, and subsequently winners, in each of nine award categories. Financial statements of each winner must be made available in a sealed envelope, to the Award auditors, PricewaterhouseCoopers, for due diligence.