About the Singapore SME 500 Award 2021
On an annual basis, the Singapore SME 500 Award recognises Small-Medium Enterprises (SMEs) from all business industries and sectors; Bringing SMEs to the next level.Theme for Singapore SME 500 Award 2021: " Business Resilience amidst COVID-19 "
The current year's theme has been set in view of the COVID-19 pandemic that has further accelerated businesses in their digitalization journey, equipping businesses with transformation and technological capabilities in their business operations. As such, the Singapore SME 500 Award 2021 is set to recognise SMEs that have further displayed business resilience, maintaining business continuity and showcasing their ability to transform and sustain.
The Singapore SME 500 Award was launched to recognize Singapore’s leading Small-Medium Enterprises across major trade and industries that have contributed significantly to Singapore’s GDP. Today, the SME 500 Award continues to recognize Singapore SMEs that have been developed and managed effectively, honouring leading businesses that have proven its success within the related business industries and sectors.
The SME 500 Award serves as a prestige recognition for your business and team players that have contributed greatly to each organization. Through nominations and recommendations of SMEs, the SME 500 Award committee assess and qualifies credible SMEs to be awarded the SME 500.
Widely known in the business scene, achieving the remarkable SME 500 Award is an endorsement towards the business's success and is certainly a signifcant milestone towards the business's position within the industry. The Award also serves as a yardstick where SMEs benchmark their business position and competitiveness againsts their competitors.
Yearly, the SME 500 provides a comprehensive ranking system of all award winners. The ranking system is derived based on SME’s performance and market position, allowing SMEs to understand each position within the Singapore SME sector. The SME 500 Award recognizes your business qualities and standards, acting as a benchmark of your brand against local and global competitors.
Award winners of the SME 500 Award will also receive exclusive invitation to the iconic Annual Dinner & Awards Presentation Night where award winning Singapore SMEs will get to present their businesses and establish commercial relationships with like-minded entrepreneurs.
Today, SMEs that bears the iconic SME 500 trademark signifies strength, competitiveness and leadership within the industry, allowing award winners to be recognized as a leader within the industry.
Recognizing only the most enterprising and privately held companies that have made significant contributions, the SME 500 Award is an award that businesses strives for continuous improvements to achieve on a year-to-year basis, spearheading each business's appettite for growth and success.
Major Business Industries & Sectors covered under the SME500 Award:
- Aerospace & Engineering
- Beauty & Wellness
- Building & Construction (inclusive of interior design, renovation & construction related)
- Consumer Business (inclusive of retailers)
- Education & Learning
- Energy & Chemicals
- Food & Beverage
- Hospitality & Tourism
- Infocomm & Communications Technology
- Logistics & Supply Chain Management
- Oil & Gas
- Maritime & Maritime Related Services
- Manufacturing & Engineering
- Pharmaceuticals & Biotechnology
- Professional Services
(inclusive of business-to-business providers, corporate service providers, accounting & audit firms)