Applications open for Emerging Enterprise Award 2022, which returns for 15th year
Paige Lim
APPLICATIONS are now open for the Emerging Enterprise Award 2022, which looks to recognise small and medium-sized enterprises (SMEs) that have successfully navigated the challenging economic circumstances of recent years.
The award, jointly organised by The Business Times (BT) and OCBC Bank, is held annually to celebrate and recognise emerging businesses with an enterprising mindset. It is now in its 15th year.
Wong Wei Kong, editor of BT, noted that the Emerging Enterprise Award has helped to bring to the stage “promising young Singapore companies that have gone on to be world-class players”, since it was launched 15 years ago.
“The Emerging Enterprise Award is a great value-add to the business ecosystem here. We’re glad we can continue this endeavour with OCBC and all our partners as we step into a future full of challenges, but also of promise,” he said.
Christie Chu, head of emerging business and commercial banking cash at OCBC Bank, noted that while things are expected to remain positive with the easing of Covid-19 measures and reopening of borders, there remain downside risks with continued inflation, supply chain disruptions, and aggressive monetary tightening.
“But we have no doubt that SMEs will overcome these challenges with grit and agility, as they have through the last 2 years,” she said. “Together with The Business Times and other key partners, we look forward to recognising the outstanding young businesses that have charted a path to success through so many challenges.”
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This theme of this year’s award is “Breaking the Mould, Empowering the Bold”, and aims to celebrate SMEs that have demonstrated business innovation, resilience and excellence.
It recognises worthy businesses through 4 award categories: the Emerging Enterprise Award (up to 3 recipients); the Best Innovation Award (up to 2 recipients); the Most Promising Startup Award; and the Sustainability Award.
Only 15 businesses will be shortlisted for consideration from the applications received. From there, the eventual winners will be identified and announced in November. They will walk away with prizes including interest-free term loans, business consultancy and legal advisory packages, innovation vouchers from A*Star, and mentoring sessions courtesy of Google.
Among the previous winners are gaming chair manufacturer Secretlab, menswear brand Benjamin Barker and e-commerce platform ShopBack.
Applications for the Emerging Enterprise Award 2022 will close on Jul 8. Interested businesses can sign up and find out more information at https://www.businesstimes.com.sg/awards/ee/apply-now.
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