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How businessman who defied all odds to achieve success is now helping others like him realise their dreams

Knowing what it's like to grow up poor, group CEO of integrated engineering company Ebenezer Holdings awards scholarships and apprenticeships to empower aspiring entrepreneurs to succeed

Published Mon, May 29, 2023 · 09:50 PM

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    On his 27th birthday, Singapore Management University (SMU) undergraduate and group chief executive officer of Ebenezer Holdings Lawrence Kim pledged $17,500 in the company's name to fund a scholarship and a book prize for fellow students.

    With the donation, the Kim's Entrepreneur Scholarship supported one student entrepreneur from SMU's Lee Kong Chian School of Business with a cash grant of $3,000 and rewarded the top performing SMU business management student each year with $500.

    "I didn't have this support when I was a student entrepreneur myself. Although it's not a lot of money, the scholarship and book prize acknowledge the efforts of budding entrepreneurs and allow them some small celebration on their journeys," he explains.

    Kim adds that he received many letters from students expressing their heartfelt thanks for his donation. In the same year, in 2009, Kim also launched a $100,000 angel fund on behalf of the company to provide mentorship and help finance the start-ups of student entrepreneurs, with priority given to those from his alma maters SMU and Singapore Polytechnic.

    His keen understanding of the "pain of being a student entrepreneur" contributed to his desire to give back to those who may have similar aspirations. Over the years, as his businesses grew, so did his philanthropic efforts.

    His company has also donated to support an array of causes, ranging from dyslexia to seniors. Earlier this year, Ebenezer provided logistics services to the earthquake relief efforts of the Turkish Embassy in Singapore.

    In 2009, he started the 'Fishing Rod' Apprenticeship Programme together with the North East Community Development Council (NECDC) to help equip young people with the necessary skills to get jobs within the oil and gas industry. Under the programme, each individual underwent a training scheme worth $12,000 to become a qualified non-destructive testing inspector, a role that determines the safety of steel structures, vessels and petrochemical plants.

    Kim is particularly proud of a Christmas initiative jointly organised by NECDC and Ebenezer, where he dressed up as Santa Claus and brought over 100 underprivileged kids to toy store Toys R Us to select their own Christmas present and enjoy a McDonald's meal.

    He recalls: "My dad worked hard but there was little to go around. When we were young, a meal at McDonald's was a rare treat, much less shopping for a new toy. So I wanted these children to experience what I never had as a child."

    (From left) General Manager of Ebenezer Logistics Samson Kim, group CEO of Ebenezer Holdings Lawrence Kim and vice-president of SL Bureau Lee Song Lim at the Brands for Good awards ceremony earlier this year.

    Staying ahead of the curve

    Despite operating in a competitive space, Ebenezer Group has found ways to stay ahead of the competition in multiple core areas such as logistics and solar energy. At subsidiary Ebenezer Logistics (run by general manager Samson Kim, the younger brother of Ebenezer group chief executive officer Lawrence Kim) the company owns a big fleet of more than 100 vehicles to provide organised transportation and logistics services for its clients, a sector predominantly served by smaller operations.

    Solar energy provider SL Bureau (led by vice-president Lee Song Lim) redesigned its solar panels using a lighter material to improve the safety of workers installing the panels, and to optimise their solar energy yield.

    Motivated by past challenges

    Kim's strong desire to give back was driven by his past personal challenges. The 41-year-old grew up in a two-room rental flat in Jurong, living with his parents and two siblings, and had been working since he was a teenager to pay for his living expenses.

    At 14, he juggled multiple odd jobs that included being a waiter at banquet dinners and a cashier at a hardware store. Later, at 17, he started his first venture, selling business cards he designed using his home computer and printing flyers to help neighbourhood businesses promote what they do. The company was later acquired in 2006, when he was an undergraduate at SMU pursuing business management.

    The Ebenezer team receiving the Leadership for Good award at the Brands for Good award ceremony this year.

    In 2007, the self-professed serial entrepreneur took over his father's flagging marine inspection company Ebenezer NDT Services and developed it into a multi-business group that focused on providing services beyond the marine and offshore, construction and petrochemical sectors.

    A strong believer in renewable energy as the way forward, Kim is also leading his company to do its part for the environment. In 2018, Ebenezer pivoted from being an oil and gas engineering business to specialising in solar energy systems, among other businesses in logistics, events infrastructure and fabrication.

    It has completed more than 100 HDB rooftop solar photovoltaic systems and aims to increase its solar deployment by a total of 50 megawatts in two years' time, contributing to Singapore's green ambitions under the 2030 Green Plan.

    The sustainability ethos is also incorporated into every aspect of the business - from the solar panels that are installed on the rooftops of the company's own office building and the use of energy-efficient air conditioning systems, to the ongoing switch to electric vehicles from diesel vans. Currently, over 10 per cent of its company's logistics fleet of more than 100 is powered by clean energy. Kim aims to continue improving upon this percentage every year.

    It's not about the size of the contribution, but about fostering a sense of commitment towards the well-being of our community.

    Ebenezer Holdings, led by Kim, has been recognised as an Honouree under the Leadership for Good category as part of the Brands for Good awards, which aim to recognise businesses that not only make a difference but also commit as stewards for a positive impact. The Leadership for Good category in particular, honours purpose-driven brands or individuals that have shown industry and ethical leadership to bring about social change in their sectors.

    "Whether big MNCs or SMEs, we should all give back in our own ways. It's not about the size of the contribution, but about fostering a sense of commitment towards the well-being of our community," he says.

    The annual Brands for Good awards recognise businesses that not only aim to make a difference in the community but also have a mission to be stewards for positive change. As it steps into its fifth year, the awards honour 36 companies and non-profit organisations across four categories: Business for Good, Technology for Good, Capital for Good and Leadership for Good. The awards ceremony was held on May 4, 2023.

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