Recognizing Singapore’s top privately-held companies for the past 25 years.
The Enterprise 50 Awards was launched in 1995 to identify, support, recognize and reward the most outstanding local companies across all sectors. Through the years, the E50 Awards has always been a sought-after stamp of excellence, regarded as a definitive list of the 50 most enterprising, privately-held companies in Singapore.
The E50 Awards is jointly organized by The Business Times and KPMG in Singapore, supported by Enterprise Singapore, the Singapore Business Federation and the Singapore Exchange, and sponsored by OCBC Bank. It presents a prestigious platform which enterprises can leverage on to achieve greater success – winning here has helped open doors for new businesses, and provide an excellent springboard towards an IPO listing.
Every year, applicants for the E50 Awards are evaluated and ranked using both quantitative and qualitative criteria. Quantitative factors include financial performance indicators such as operating profit before tax, turnover and profit growth. Qualitative criteria include management and marketing strategies such as the applicants’ business model, management ideals and innovation, internationalisation, knowledge initiatives, market branding and presence, risk management and sustainability.
2020 was a wake-up call for every business in Singapore. Many found themselves having to transform overnight or close. By reinventing business models and solutions, some emerged faster and stronger than others. Among them are those who took the task a step further.
This year, E50 recognises the enterprises whose journey to innovation is helping to shape a sustainable future. Their transformation has not only enabled them to adapt and thrive, but also to help build a more sustainable, resilient and inclusive Singapore. Through their success stories, we hope to inspire more businesses to embark on their own innovation journey.
Jonathan Ho, Partner, Head of Private Enterprise, Governance & Risk, Advisory, KPMG in Singapore, addresses the E50 2020 winners and future nominees in the video below.