SICCI-DBS Singapore Indian Entrepreneur Awards 2011
June 25, 2011 by Egi SEPTIADI
Launched in 2004, SICCI-DBS Singapore Indian Entrepreneur Awards are presented annually by the Singapore Indian Chamber of Commerce & Industry (SICCI) to recognise outstanding Indian entrepreneurs and to serve as a motivation for budding Indian entrepreneurs. For this year 2011, SICCI has announced a new award as part of the several changes made.
Category 1: Large Enterprise
2010 Criterion: Core criterion was set at an annual turnover of S$25 million (U$20 million).
2011 Criterion: Applicants whose business’/company’s annual turnover is more than S$25 million; or a net annual profit of more than S$2.5 million; or net asset value of more than S$10 million; or more than 50 employees.
Category 2: Medium Enterprise
2010 Criterion: Core criterion was set at an annual turnover of less than S$25 million.
2011 Criterion: Applicants whose business’/company’s annual turnover is S$25 million or less; or a net annual profit of S$2.5 million or less; or net asset value of S$10 million or less; or 50 employees or less.
Category 3: Promising Entrepreneur
2010 Criterion: Been actively involved in the management of the business between two and five years.
2011 Criterion: Applicants must have been in the business/company in Singapore for less than 3 years.
Category 4 : Family Business
The business/company must have been in existence for at least one generation. The family members should be involved in the strategic direction, management and leadership roles in the business/company. Their intention should be to keep the business/company within the family in a profitable and sustainable manner.
The application of this award will close by 14th July 2011. For further information and application form, interested applicants can view here (pdf file).
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About The Author
Egi SEPTIADI - SGE Alumnus - Intern
Egi is currently pursuing Chemistry at the Nanyang Technological University in Singapore. While not mixing compounds in the lab, the Indonesian is always on the hunt for recommended "makan" (Malay for "eat") places for local food. But the true blue foodie admits that "as long as the food tastes good, he'll go for it".Read other posts by Egi SEPTIADI