Do you happen to own a SME business or know entrepreneurs in the SME sector? Well, good news for you because the nominations for the 2022 SME100 Awards Malaysia are NOW OPEN. So start nominating for yourself and other SME businesses now! Yes, you heard that right! Your SME business is eligible too!
With so many great stories of how SME businesses have managed to accelerate growth and continue being innovative, it is imperative that the SME100 Awards honour these amazing entrepreneurs, businesses, and their massive efforts that reflect the best face of Malaysia Boleh.
Pioneer of business awards in Malaysia since 2009
Since 2009, SME100 Awards is an annual recognition programme organised by SME Magazine, which focuses on businesses in the SME sector. The award promotes excellence, best practice and innovation among SMEs across Southeast Asia.
Independently verified and data driven, SME100 is an assurance to potential partners, investors and customers that your company has achieved a level of success beyond the ordinary.
What makes this award special is that it portrays a forefront of trust and a standard of reliability among business owners. Be it for business ventures or attracting investors and clients in both foreign and domestic markets alike, the SME 100 Awards has become the beacon of attention on all platforms across all industries.
Are you ELIGIBLE?
It takes a lot to run a small business. The old saying “Rome wasn’t built in a day” applies here too. To succeed in business today, you need to have good planning, flexibility, proper organisational skills and the list goes on. If your business has reached these mark, don’t miss this opportunity to nominate your SME business!
To be considered for an SME100 Award, your company must fulfil the following criteria:
Annual turnover of minimum RM1 million or minimum 20 full time employees for manufacturing, manufacturing-related and agro-based industries.
Annual turnover of minimum RM500,000 or minimum 10 full time employees for services, primary agriculture and ICT industries.
Can either be a holding company or a subsidiary. If the holding company participates, all subsidiaries will not be eligible. Submit your company details here for more information on how you can participate.
Unlocking the potential of SMEs
Businesses that are awarded under the SME100 Awards will be able to carry the beacon of inspiration for Malaysians to forge ahead towards greater heights of achievement. On top of that, they will also:
Winners will be included in their extensive publicity program, including coverage in (SME magazine, Capital Asia magazine, HR Asia magazine, and many more), press releases, social, online and print media coverage.
Participate in cross border publicity (as SME100 Awards is also in Singapore, Indonesia and Vietnam)
Join in ASEAN networking programs (Trade missions to various parts of ASEAN countries to boost business opportunities)
Do not miss this avenue that allows businesses to evaluate and reflect on their past performances. Plus, it gives SMEs entrepreneurs better understanding on what works, what does not and, more importantly, what more that can be done.
This year, SME100 Awards continues to adopt one of the most stringent evaluation criteria for all nominees. The five-step process included both qualitative and quantitative analysis, as well as a 100 percent interview requirement with a focus on growth (turnover, profit, and market share) and resilience (best practices, sustainability, and vision).
CTOS Malaysia will be the official credit reporting agency and Baker Tilly will be the official auditor of SME100. Also involved in the award as the official partner is Malaysia’s oldest and largest SME association, SAMENTA.
Presence in 4 countries actively
With local editions in Malaysia, Singapore, Vietnam, Indonesia and more countries coming soon - SME 100 is the only regional awards of its kind.
Last year, despite the challenging environment faced by SMEs throughout the year, an astounding 126 Malaysian SMEs emerged as winners of the 2021 SME100 Awards. They are among the 700 Malaysian companies that were in the selection of becoming the SME100 Fast Moving Companies of 2021.
Independently verified and data driven, SME100 Awards is an assurance to potential partners, investors and customers that your company has achieved a level of success beyond the ordinary.
Please note that nominees are not guaranteed winners. Each eligible nominee is required to be vetted through an audit process. From there the winner will then be selected. Don’t skip this chance to start nominating your business or your favourite SME business HERE. You might just have the opportunity to shine on the big stage!
Piqued your interest yet? For more information, you can visit www.sme100.asia and www.sme.asia or browse through their Facebook and Youtube page.
