Home Business Media International Singapore’s Top SMEs Evolve as Market Revolutionises

Singapore’s Top SMEs Evolve as Market Revolutionises

June 18, 2024

The highly anticipated SME100 Awards 2024 Singapore ceremony occurred at the prestigious Marina Bay Sands, commemorating the brand’s 15th anniversary. This year, 28 exceptional SMEs took centre stage, showcasing their unparalleled growth and evolution in their respective industries.

These SMEs have demonstrated remarkable adaptability and resilience, evolving with the market’s demands. As Singapore’s economy grows, SMEs are now required to meet stringent sustainability requirements to maintain their competitive edge and relevance.

“As we navigate a rapidly changing market, the focus on digital adoption, particularly generative AI solutions and the urgent need for sustainable business practices underscore the dynamic landscape these SMEs are mastering. Their commitment to innovation and sustainability sets a new benchmark for excellence in the Singapore business community.” said William Ng, group publisher and editor-in-chief of Business Media International.

A total of 242 Singapore SMEs are nominated for the 2024 program. Upholding its reputation for rigour, the SME100 Awards maintained its stringent evaluation criteria for all nominees.

This comprehensive process encompassed a five-step methodology, combining qualitative and quantitative analyses alongside mandatory audits and comprehensive assessment. Emphasising growth metrics such as turnover, profit, and market share, alongside evaluating resilience factors like best practices, sustainability, and vision, the process remained steadfast in identifying excellence among the country’s SMEs.

The evening’s highlights included the presentation of two additional awards: the Sustainable Brand Awards, bestowed upon seven Singaporean brands committed to sustainable practices and environmental stewardship, and the Women Entrepreneur Awards, celebrating the accomplishments and achievements of women in business.

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 Baker Tilly Singapore, while AmCham Singapore and EuroCham Singapore are among the supporting organisations.

For more information about the SME100 Awards 2024 Singapore and a complete list of winners, please visit www.sme100.asia.

LIST OF WINNERS OF THE SME100 AWARDS 2024 SINGAPORE IN ALPHABETICAL ORDER: