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Singapore SME 500 Award Entry and Qualifying Criteria

Advisory: Exercise vigilance, Verify source of communications.

We have received reports of third parties contacting businesses and members listed in the Award Winners Registry for commercial purposes, promoting sales packages purported as "Business Awards". Some businesses have also reported receiving unsolicited WhatsApp messages claiming that they have been “selected” for these "Business Awards".

Please note that ATC do not issue award invitations via messaging platforms such as WhatsApp. We strongly advise businesses to exercise caution, verify the sender’s identity, and refrain from sharing personal, business or financial information with unknown parties.

Important Note: ATC only administers the Singapore SME 500 Award and the other segments listed under ATC’s Business Standards. If you are unsure or would like to verify any communication, please contact us at 6304 3145 or email members@atc.sg for assistance.

Visit our advisory page for more information .

Entry and Qualifying Critera for Application

To qualify for assessment under the Singapore SME 500 Award, enterprises must generally meet the following baseline conditions:

  1. Corporate Entity
    • Entity is to be a corporate entity, registered with ACRA with a valid Unique Entity Number (UEN)
    • Operations and headquarters are to be based in Singapore
    • At least 30% of shareholding is held by a Singaporean or Singapore Permanent Resident*
    • Annual sales turnover of not more than S$100 million as of the last financial year
    • No Litigation filed against the business, its director(s) and shareholder(s) in the past three (03) years
    • Meets all statutory compliances and governing regulations
    • Made an impact within its industry, allowing the business to obtain its sustainable market position
    • Registered entity includes sole proprietorship, partnership, limited partnership, limited liability partnership or private limited company
  2. Business Quality & Management
    • Implements well managed policies (fiscal, trading, internal)
    • Sets high and industry leading standards for self and the business
    • The management team demonstrates strong leadership and corporate governance skills
    • Empowering individuals that propels success
  3. Business Strategies & Impacts
    • Creates visions and converts them into reality through the course of business
    • Ability to maintain operational excellence by reviewing and optimizing operational structure and processes to be aligned with the business’s vision and goals
    • Possess proven customer and quality management system within business operations
    • Business and/or brand(s) possess influential presence within the local markets
    • Business displays high potential for growth and expansion for both local and global markets
    • Have structured business recovery plans in an event of economic changes
    • Have in place structured corporate plans and procedures; possess the ability for regional and global growth
    • Possess the ability to sustain, manages and implement proven risk management strategies

* Denotes exemption may be provided on case-by-case basis by the assessment unit.

Applications for the Singapore SME 500 Award 2026 are now open!

Exemplify your organisation’s commitment to business excellence, quality and standards — Be assessed and endorsed under the Singapore SME 500 Award 2026.