Years of business operation
Up to 10 years (Up to 3 years of business operations for Most Promising Startup Award and Most Promising Sustainability Startup Award)

Business incorporation
Registered either as a Sole Proprietor, Partnership, Limited Partnership, Limited Liability Partnership, or Private Limited. Not applicable to listed company, lending institution or the lender's affiliates.

Note: For Indonesia: Registered either as a Limited Liability Company (Perseroan Terbatas or PT) or Limited Liability Partnership (Commanditaire Vennonntschap or CV)

Local Shareholding
At least 30%

Annual sales turnover as of the last financial year
Up to S$20 million or local currency equivalent

Business profile
Must be a registered business.

• Singapore: Business profile with Accounting and Corporate Regulatory Authority (ACRA)
• Malaysia: Business profile with Companies Commission of Malaysia (CCM) or Suruhanjaya Syarikat Malaysia (SSM)
• Indonesia: Company Registration Certificate (TDP) or NIB or Trading Business License (SIUP) or similar document
• Hong Kong: Certificate of Incorporation or Business Registration Certificate

Financial documentation must be provided
Latest financial statements for the last two financial years, including management statements. †For businesses that have only 1 year of operation, financial statements can be for the prior or current year, whichever is available.

Download Application Form here.

For more information, check out the FAQs.

By submitting an application for the Emerging Enterprise Award 2023 (the “Award”), we hereby declare that we have read, understood and agree to abide by the terms & conditions as follows:-

1. We permit and authorise The Business Times, OCBC Bank, Mastercard®, Oliver Wyman,Rajah & Tann Asia, RSM, Enterprise Singapore, A*STAR, Paia (the “organisers/sponsors”) to use and disclose all information, data and materials submitted in connection with us and the Award, to contact us for the Award-related activities, conduct searches with any public registry or credit bureau, research and analysis which might involve third-party researchers and the publication of a report by third parties.
2. We agree and undertake to indemnify and hold the organisers/sponsors harmless against any claims, proceedings, damages, losses and costs (including legal fees on an indemnity basis) that may arise in connection with the breach of any terms, warranties and conditions herein or in the event that any representations and authorisation given in connection with the Award are untrue or invalid.
3. We agree that the organisers/sponsors shall not be liable for any damages, losses, costs, expenses, claims and liabilities (whether direct, indirect, special or consequential and whether foreseeable or not) arising out of or in connection with matters relating to the Award.
4. We agree upon the written request of the organisers/sponsors to provide clarification, supporting evidence and relevant company information should the organisers need to verify the data provided in the Emerging Enterprise Award 2023 application.
5. We agree, upon the written request of the organisers/sponsors to provide our actual and projected financial figures.
6. We agree to notify the organisers/sponsors in the event of any changes to our eligibility for the Emerging Enterprise category and/or Emerging Enterprise Sustainability category.
7. We agree that the judges' decision on all aspects of the Award including the shortlist, evaluation and the publication of the list of the Emerging Enterprise Award 2023 Finalists will be final. The organisers/sponsors are not under any obligation whatsoever to provide any reason or explanation to us.
8. We agree to notify the organisers in the event that we, our parent company or any of our subsidiaries have applied for its shares to be listed for quotation on the official list of a securities exchange as defined in the Securities and Futures Act (Cap. 289) on or before June 1, 2020.
9. We agree to provide details of any litigation cases against us and (where we are a company) our directors/partners/sole proprietors/related companies in the run-up to the publication of the list of the Award Finalists.
10. We agree to abide by the publicity schedules and guidelines stipulated by the organisers/sponsors in the run-up to and after the publication of the Emerging Enterprise Award 2023 Finalists, and we further agree that the organisers/sponsors have the discretion to amend such publicity schedules without prior notice to us.
11. We consent to the use by any organisers/sponsors of our information provided to the organisers/sponsors (including, without limitation, our name, logos, photos and/or video shoot) and media interview articles to be used in any publicity and/or advertising materials of any organiser/sponsor.
12. We agree to provide any relevant information requested by the organisers/sponsors in relation to us for purposes of inclusion in the Emerging Enterprise Award 2023 media promotions, press releases and marketing collateral.
13. We agree to abide by the rules/standards as may be determined by the organisers/sponsors regarding the usage of the Emerging Enterprise Award 2023 logo.
14. We agree that should we not accept any prize under the Award offered by the organisers/sponsors, we agree to forfeit all other prizes offered by the remaining organisers/sponsors.
15. We agree that the Emerging Enterprise Award and/or Emerging Enterprise Sustainability Award category may be revoked by the organisers/sponsors in the event that the organisers/sponsors are of the view that we are in breach of any of the terms and conditions of the Award.
16. These terms & conditions shall be governed by the laws of Singapore. The courts of Singapore shall have exclusive jurisdiction to settle any dispute, controversy or claim arising from or in connection with these terms & conditions and/or the Emerging Enterprise 2023 Award.
17. (Where the participant is a sole proprietorship or partnership) Where We / I have disclosed to the organisers/sponsors personal data of themselves/herself/himself, We / I hereby give our / my own consent to the collection, use and disclosure by the organisers/sponsors of such personal data for the purposes of managing the Emerging Enterprise 2023 Award, and for other applicable purposes set out in the OCBC Data Protection Policy (accessible at https://www.ocbc.com/business-banking/bank-policies).
18. (Where the participant is a Company, Limited Partnership or LLP) Where we disclose to you personal data of our representatives, we hereby consent, and confirm that we have obtained from such representatives their consent to the collection, use and disclosure by the organisers/sponsors of such personal data for the purposes of managing the Emerging Enterprise 2023 Award, and for other applicable purposes set out in the OCBC Data Protection Policy (accessible at https://www.ocbc.com/business-banking/bank-policies).