Nominations open for Australia-Korea Business Awards

The Australian–Korea Business Awards recognise leaders, innovators, and organisations that strengthen bilateral trade, investment, and collaboration between Australia and Korea. Delivered as a high-profile flagship event, the awards celebrate excellence across 13 industry categories, highlighting businesses and partnerships that drive meaningful cross-border economic impact. Winners gain recognition from an independent judging panel and enhanced visibility across Australia–Korea business networks.

Overview of the Australian–Korea Business Awards

The Australian–Korea Business Awards celebrate outstanding companies, individuals, and partnerships that contribute to stronger economic ties, trade, and collaboration between Australia and the Republic of Korea.

The awards provide a prestigious platform to showcase success stories that demonstrate how cross-border business, innovation, and partnerships generate shared value and long-term impact for both nations.

The ceremony has become a flagship event in the bilateral calendar, recognising that modern business transcends borders and that Australia–Korea collaboration is a driver of sustainable growth.

Purpose and Objectives

The awards are designed to:

• Recognise excellence and leadership in Australia–Korea business relations

• Highlight outstanding achievements across diverse industries

• Promote bilateral trade and investment

• Showcase Australia to a broad Korean audience

• Facilitate engagement, partnerships, and collaboration

• Strengthen visibility of the Australia–Korea economic relationship

Why the Australian–Korea Business Awards Matter

Strong Australia–Korea ties underpin regional economic resilience and innovation.

These awards matter because they:

• Acknowledge businesses enabling cross-border growth

• Encourage deeper collaboration between Australian and Korean organisations

• Highlight best practices in innovation, sustainability, and governance

• Reinforce trust and long-term partnership between the two economies

Award Structure and Categories

The Australian–Korea Business Awards feature 13 categories, recognising excellence across major sectors of the bilateral economy.

Business of the Year

• Selected from category award winners

• Recognises overall outstanding performance and bilateral impact

AustCham Korea Recognition Awards

• Board-nominated awards

• Honour individuals or organisations making exceptional contributions to the AustCham Korea community

Industry and Sector Awards

Future Energy Solutions

• Hydrogen, ammonia, renewables, energy storage

• Carbon capture, utilisation and storage (CCUS)

• Grid integration and pilot projects with commercial traction

Resources, Minerals and Processing

• Mining and extraction

• Refining and downstream processing

• Supply chain resilience and security

Life Sciences and Healthcare

• Biotechnology and medical technology

• Pharmaceuticals and clinical services

• Digital health and patient outcome innovation

Professional and Financial Services

• Banking and investment

• Legal, accounting, insurance, and consulting services

• Services enabling cross-border trade and capital flows

Sustainability and ESG

• Measurable environmental, social, and governance outcomes

• Climate action and emissions reduction

• Responsible supply chains and due diligence

Defence, Space and Security

• Defence industry collaboration

• Space technologies and applications

• Cybersecurity and dual-use innovations

Tech, Knowledge & Innovation

• Software, AI, and data-driven solutions

• Education, research and development

• Intellectual property–rich ventures translating knowledge into market impact

Infrastructure and Major Projects

• Planning and financing

• Design, construction, and operations

• Major infrastructure enabling economic growth

Agribusiness and Food

• Agriculture and food production

• Value-added processing and provenance

• Market development and exports

Visitor Economy

• Tourism and aviation

• Events, education travel, and creative industries

• Two-way visitation and cultural exchange

Australia–Korea Partnership Award

• Joint ventures and strategic alliances

• Exporter–importer relationships

• Foreign investment, research collaboration, or public–private partnerships

• Clear and measurable bilateral outcomes

Who Should Apply or Be Nominated?

The awards are open to:

• Australian and Korean companies operating bilaterally

• Joint ventures and partnerships

• Multinationals, SMEs, and start-ups

• Industry leaders, innovators, and organisations contributing to Australia–Korea economic cooperation

Benefits for Nominees and Winners

Nominees and award recipients benefit by:

• Showcasing their Australia–Korea business journey

• Gaining recognition from an independent panel of senior judges

• Rewarding the efforts of teams, clients, and partners

• Enhancing brand credibility and reputation

• Receiving post-event exposure through:

  • AustCham Korea communications

  • Partner channels

  • Media outreach

  • Social media coverage

How the Awards Work

1. Businesses and individuals are nominated in relevant award categories

2. Submissions highlight achievements, impact, and bilateral contribution

3. An independent panel of senior judges assesses nominations

4. Category winners are announced at the awards ceremony

5. Business of the Year is selected from category winners

Common Mistakes to Avoid

• Failing to clearly demonstrate bilateral Australia–Korea impact

• Submitting generic business achievements without cross-border relevance

• Overlooking measurable outcomes and results

• Not aligning the nomination with the correct award category

Frequently Asked Questions (FAQ)

1. What are the Australian–Korea Business Awards?

They are annual awards recognising excellence and leadership in business activities that strengthen Australia–Korea economic relations.

2. How many award categories are there?

There are 13 award categories, covering a wide range of industries and partnership types.

3. Who selects the winners?

Winners are selected by an independent panel of senior judges with expertise in Australia–Korea business and trade.

4. What is Business of the Year?

Business of the Year is chosen from category award winners and recognises overall outstanding bilateral performance.

5. Are individuals eligible for awards?

Yes. Certain awards, including recognition awards, may honour individuals as well as organisations.

6. What are AustCham Korea Recognition Awards?

These are board-nominated awards recognising exceptional contributions to the AustCham Korea community.

7. What exposure do winners receive?

Winners gain visibility through AustCham Korea communications, partner channels, media coverage, and social media promotion.

Conclusion

The Australian–Korea Business Awards celebrate the people, companies, and partnerships shaping one of the most important bilateral economic relationships in the Indo-Pacific.

By recognising excellence across industries, innovation, sustainability, and collaboration, the awards reinforce the message that Australia–Korea partnerships drive shared prosperity, trust, and long-term impact.