The Singapore Indian Chamber of Commerce and Industry (SICCI) officially announced the launch of its Entrepreneur Awards 2019 to recognise outstanding Indian entrepreneurs and inspire more Singapore-Indians to take to business and entrepreneurship. These awards also mark the of 95th Anniversary celebrations of the Indian business chamber.
On November 9, a total of six awards will be presented, of which three have been instituted this year. The winners will receive their awards from none other than DPM and Finance Minister Mr Heng Swee Keat.
The Established Entrepreneur Award, for an individual representing a corporation with more than $10 million in annual revenue; the Promising Entrepreneur Award, for an individual representing a corporation with $10 million or less in annual revenue; and the Young Entrepreneur Award, for entrepreneurs aged between 18 and 35 are open for nominations from the public.
The minimum criteria include – nominees must be of Indian origin, a Singaporean or permanent resident, and own at least a 30 per cent share in the business that must be registered in Singapore.
The three new awards launched this year are the Best Innovation and Technology Award, the Global Presence Award and the Excellence in Corporate Social Responsibility Award.
Speaking exclusively to India Se Media, Dr T Chandroo, Chairman of SICCI said, “This is the 16th year that the Chamber has organised this award. I personally take pride because 16 years ago, I mooted this idea to the board, who asked me to chair this committee and I must say that we have showcased many successful entrepreneurs. I believe that their success will motivate many others to be successful as well. I am encouraging all SMEs to take advantage of this award. Put in your nominations and I am sure you will be one of them. Your success is our success.”
Added, S Parthiban, Organing Chairman of the Entrepreneurs Award, “We have three new categories this year opening up new categories. But I would like to focus on the Young Entrepreneur Award, which is for those under the age of 35 aspirings to be successful businessmen. By participating in this category, will give them inspiration and motivation. There is a lack of younger generation Indians taking up entrepreneurship as a career because they don’t have the confidence or find it too challenging, but it is not really so. So this will be a very good learning platform. But going through this judging process will be a self-evaluation, and will help you go to the next level. It will provide good networking, be great exposure and an eye-opener. I hope more youngsters will come forward and be a part of this award.”
The winners will be shortlisted and picked by the awards committee that includes names such as Gautam Banerjee, senior managing director of Blackstone Group; Inderjit Singh Dhaliwal, founder and chief executive of Solstar International; Ms Chew Mok Lee, assistant chief executive officer of Enterprise Singapore; and Max Loh, managing partner, Singapore and Brunei, and IPO Leader, Asean, Ernst & Young.
Nominations can be submitted online at www.sicci.com/sicci-entrepreneur-awards-2019 until Sept 23.