Media Centre
Media Centre
Media Centre

G8 Subsea Pte Ltd, KoolLogix Pte Ltd and Nanosun Pte Ltd are the top three winners of Emerging Enterprise Awards 2021 (EE2021)

Singapore, 7 December 2021 -  G8 Subsea Pte Ltd, KoolLogix Pte Ltd and Nanosun Pte Ltd are the top three winners of this year’s Emerging Enterprise Awards (EE2021), which recognises outstanding small and medium-sized enterprises (SMEs) that display the ability for significant and sustainable growth. EE2021 is an annual award jointly organised by The Business Times and OCBC Bank and supported by RSM, Mastercard, Enterprise Singapore, A*Star, ACORN, Google Cloud, Rajah & Tann Legal Basix, Wavemaker and Singtel.

2021 marks fourteen years of the award’s celebration of business innovation, resilience and excellence in SMEs - the bedrock of the Singapore economy.

Apart from the Emerging Enterprise Award, EE2021 has three other categories: Best Innovation Award, Most Promising Startup Award, and Sustainability Award.

This year, the Best Innovation Award, which recognises emerging enterprises with a strong culture of innovation, was presented to Nanosun Pte Ltd and Shiok Meats Pte Ltd. These are businesses that seek creative solutions to persistent problems, innovate to carve out new markets for themselves, or embrace technology to transform their businesses.

Shiok Meats Pte Ltd was presented with the Most Promising Startup Award. This award recognises SMEs with a strong startup spirit. These are startups that have developed a unique and commercially viable idea, which has the potential to be sustained in the long run.

The Sustainability Award was presented to  KoolLogix Pte Ltd. This award recognises companies that serve the underserved, create greater good for the community, environment and society.

The EE2021 award ceremony was held this afternoon at the Ritz-Carlton and graced by Guest-of-Honour, Minister of State for Trade and Industry, Ms Low Yen Ling.

Mr Wong Wei Kong, Editor of The Business Times, said: “A second year of global pandemic has not stopped the emergence of promising, innovative enterprises. We hope the winners of this year's Emerging Enterprise Awards will inspire other companies to transform and innovate, to stretch their imagination and push the boundaries.”

Ms Christie Chu, Head, Emerging Business and Commercial Banking Cash, Global Commercial Banking, OCBC Bank, said: “Having strengthened their business models and built new capabilities to weather the pandemic, many SMEs are well positioned to scale their businesses and seize regional growth opportunities in the post-pandemic global economy. Sustainability is also increasingly emerging as a key area of opportunity for SMEs to differentiate their products and service proposition and broaden their customer reach. The winners of this year’s Emerging Enterprise Awards clearly demonstrated these strengths, and we are confident they will thrive and navigate the future successfully.”

For more information about EE2021, please refer to the Annex below or visit: https://www.businesstimes.com.sg/awards/ee


ANNEX

I. Winners 

Emerging Enterprise Award

1. G8 Subsea Pte Ltd
2. KoolLogix Pte Ltd
3. Nanosun Pte Ltd

Best Innovation Award

1. Nanosun Pte Ltd
2. Shiok Meats Pte Ltd

Most Promising Startup Award

1. Shiok Meats Pte Ltd

Sustainability Award

1. KoolLogix Pte Ltd

 

II. Award Categories and Prizes

1.    Emerging Enterprise Award 

Recognises emerging enterprises that demonstrate an enterprising mindset.  These are businesses that drive consistent, significant and sustainable growth, that result in excellent business performance, and display the ability to scale and expand overseas.

PRIZES

Up to 3 winners will each receive:

●     2-year Interest-free Term Loan worth S$250,000 each sponsored by OCBC

●     Media package worth S$25,000 each sponsored by SPH Media

●     S$20,000 credit in the OCBC Business Debit Card sponsored by Mastercard

●     Consultancy package for growing businesses worth S$30,000 each sponsored by RSM

●     Strategic Research consultancy package worth S$20,000 each sponsored by Acorn Marketing & Research Consultants

●     Legal and advisory package worth up to S$10,000 each sponsored by Rajah & Tann Legal Basix

●     Mentorship Panel: Exclusive one to one mentorship programme for 1 year from Google senior management sponsored by Google


2.    
Best Innovation Award

Recognises emerging enterprises with a strong culture of innovation. These are businesses that seek creative solutions to persistent problems, innovate to carve out new markets for themselves, or embrace technology to transform their businesses.

PRIZES

Up to 2 winners will each receive:

●     2-year interest-free Term Loan worth S$150,000 each sponsored by OCBC

●     Information and Communication Technology business solutions package sponsored by Singtel

●     Legal and advisory package worth S$5,000 sponsored by Rajah & Tann Legal Basix

●    Up to S$10,000 professional fee voucher for OCBC Start Digital Package when linked up with XERO or Quickbook sponsored by RSM

●     Strategic Research consultancy package worth S$15,000 sponsored by  Acorn Marketing & Research Consultants

●     Mentorship Panel: Exclusive one to one mentorship programme for 1 year from Google senior management sponsored by Google

●     $15,000 credit in OCBC Business Debit Card sponsored by Mastercard


3.    
Most Promising Startup Award

Recognises emerging enterprises with a strong startup spirit. These are startups that have developed a unique and commercially viable idea, which has the potential to be sustained in the long run.

PRIZES

●     2-year interest-free Term Loan worth S$100,000 each sponsored by OCBC

●     Digital consulting package worth S$30,000 sponsored by Wavemaker

●     Legal and advisory package worth S$5,000 sponsored by Rajah & Tann Legal Basix

●     Mentorship Panel: Exclusive one to one mentorship programme for 1 year from Google senior management sponsored by Google

●     $10,000 in OCBC Business Debit Card sponsored by Mastercard


4.    
Sustainability Award

Recognises emerging enterprises that serve the underserved, create greater good for community, environment and society.

PRIZES

●     2-year interest-free Term Loan worth S$100,000 each sponsored by OCBC

●     Mentorship Panel: Exclusive one to one mentorship programme for 1 year from Google senior management sponsored by Google

●     $10,000 in OCBC Business Debit Card sponsored by Mastercard

All 7 winners will receive :

●     Support from Enterprise Singapore in capability development. This grant will support up to 70% of eligible costs of new developmental projects incurred by the SME. (Applicable to companies with a minimum of 30% local shareholding, subject to approval)

●     Up to S$1,000,000 in Innovation Vouchers for award winners by A*STAR. (Allocation and utilisation of the Innovation Vouchers to/by award winners are subject to availability of relevant capabilities in A*STAR’s Research Institutes and internal approval of the proposed technology translation projects.)

All 15 finalists will receive the following sponsored by Google:

●     USD$4K credits on Google Cloud Platform

●     Cloud Architecture Review: 1 architecture review session with a Google Engineer

●     Coaching: 2 coaching sessions with Google experts

ISSUED BY SPH MEDIA TRUST (UEN: 202125108M)

 

For more information, please contact :

Andrew Lum
Manager
Corporate Communications & CSR
SPH Media Trust
DID: 6319 1982
Email: alum@sph.com.sg

Francis Mah
Assistant Vice President
Corporate Communications & CSR
SPH Media Trust
DID: 6319 1028
Email: mahys@sph.com.sg


About SPH Media Trust

SPH Media Trust is incorporated as a public company limited by guarantee. The mission of SPH Media Trust is to be the trusted source of news on Singapore and Asia, to represent the communities that make up Singapore, and to connect them to the world. It has several business segments in the media industry, including the publishing of newspapers, magazines, and books in both print and digital editions. It also owns and operates other businesses including radio stations and outdoor media. For more information on SPH Media Trust, please visit www.sph.com.sg and our social media channels on FacebookInstagramLinkedIn, and YouTube.


About The Business Times 

Singapore's only financial daily, The Business Times (BT), is the authoritative guide on local, regional and international business markets. In addition to corporate news and commentary, BT covers the startup, wealth, property, lifestyle and SME scenes, and tells you what you need to know about Asean and the region. For more information, please visit bt.sg.

Facebook: https://www.facebook.com/thebusinesstimes/
LinkedIn: https://www.linkedin.com/showcase/the-business-times
Twitter: https://twitter.com/BusinessTimes
Instagram: https://www.instagram.com/businesstimessg/
Telegram: https://t.me/BizTimes


About OCBC Bank

OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC Bank’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.

For more information, please visit www.ocbc.com.