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Singapore's top SMEs honoured at the SME100 Awards 2023 Singapore

Adrian Cheng of Business Media International
·2-min read

The SME100 Singapore Awards is an esteemed recognition platform that showcases and applauds the best SMEs in Singapore.

The highly anticipated SME100 Awards 2023 Singapore award ceremony took place at Marina Bay Sands (MBS) on July 14. The event, which was in its 15th year, celebrated the outstanding achievements of 24 exceptional small- and medium-sized enterprises (SMEs) who have demonstrated unparalleled excellence in their respective industries.

The SME100 Singapore Awards is an esteemed recognition platform that showcases and applauds the best SMEs in Singapore, acknowledging their remarkable contributions to the nation's economy. This year's awards ceremony was an extraordinary celebration, honouring the resilience, innovation, and relentless spirit of Singapore's top SMEs.

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This year saw over 200 Singapore SMEs participate in the programme. For all nominees, the SME100 Awards continue to use one of the most stringent evaluation criteria. The five-step process required both qualitative and quantitative analysis, as well as a 100% interview requirement, with a focus on growth (turnover, profit, and market share) and resilience (best practices, sustainability, and vision). Following this arduous process, only 24 businesses were named winners of the SME100 Awards 2023.

“SMEs continue to be the first affected by a downward economic cycle and are among the last to recover even as the economy recovers. The SME100 award recipients are among those that have demonstrated resilience, strength, and growth despite the challenges,” says William Ng, group publisher and editor-in-chief of Business Media International.

The presentation of the Sustainable Brand Awards to five Singaporean brands was one of the evening's highlights; this special category recognises SMEs committed to sustainable practices and environmental stewardship. These forward-thinking companies have gone above and beyond in incorporating sustainability into their core values, setting a good example for the industry.

The SME100 Awards serves as a pinnacle of trust and a benchmark of reliability for business owners. Be it for business ventures or attracting investors and clients in both foreign and domestic markets alike, the SME100 Awards has become the beacon of attention on all platforms that matter across all industries. Singapore is one of the four ASEAN member countries to organise SME100 Awards, besides Indonesia, Malaysia, and Vietnam.

The official auditor of the SME100 Awards Singapore is BDO Singapore. The Edge Singapore as the official media partner and AmCham, EuroCham, and Logisym being credited as supporting organisations.

For more information about the SME100 Awards 2023 Singapore and a complete list of winners, please visit http://sme100.asia.

Adrian Cheng is the marketing manager at Business Media International

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