Media Centre
Media Centre
Media Centre

“Emerging Enterprise 2022 : Breaking the Mould, Empowering the Bold” returns for the 15th year to recognise worthy SMEs

Singapore, 27 May 2022 - The Emerging Enterprise Award, jointly organised by The Business Times and OCBC Bank, is a celebration of business innovation, resilience and excellence in SMEs, the bedrock of the Singapore economy. Now into its 15th year, the award continues to honour the bold ambition of businesses who have successfully navigated the challenging economic circumstances of recent years.

This year, registration for EE 2022 will open from 27 May to 8 July. From the applications received, only fifteen businesses will be shortlisted for consideration, and from there, the eventual winners identified.

Annually, EE 2022 recognises worthy businesses through the following award categories :

  1. Emerging Enterprise Award (up to 3 recipients)
  2. Best Innovation Award (up to 2 recipients)
  3. Most Promising Startup Award
  4. Sustainability Award

Not only do the winners join the ranks of previous EE honourees such as Secretlab, Benjamin Barker and ShopBack, they will also walk away with prizes including interest-free term loans, business consultancy and legal advisory packages, innovation vouchers from A*Star, and mentoring sessions courtesy of Google.

Mr Wong Wei Kong, Editor of The Business Times, said: “Since it was launched 15 years ago, the Emerging Enterprise Awards have helped to bring to the stage promising young Singapore companies that have gone on to be world class players. EE is a great value-add to the business ecosystem here, and we are glad we can continue this endeavour with OCBC and all our partners as we step into a future full of challenges but also of promise.”

Ms Christie Chu, Head of Emerging Business and Commercial Banking Cash, OCBC Bank, said: “2022 got off to an encouraging start for SMEs on the back of a broad-based recovery in 2021. While things are expected to remain positive with COVID-19 measures easing and borders re-opening, there remain downside risks with continued inflation, supply chain disruptions, and aggressive monetary tightening. But we have no doubt that SMEs will overcome these challenges with grit and agility as they have through the last two years. Together with The Business Times and other key partners, we look forward to recognising the outstanding young businesses that have charted a path to success through so many challenges.”

Interested businesses can  obtain an application form for EE 2022 at and submit applications between 27 May to 8 July 2022. Winners will be announced some time in November 2022.

Attachment : [Annex] Emerging Enterprise 2022 - Award Categories and Prizes

Issued by SPH Media Trust (UEN: 202125108M)


For media queries, please contact :

Ms Trina Chan
Corporate Communications & CSR
SPH Media Trust
DID: 6319 1534

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 and our social media channels on FacebookInstagramLinkedIn, and YouTube.

About The Business Times 

The Business Times, published by SPH Media Trust, is South-east Asia's leading financial daily. BT brings to its readers daily corporate, financial, economic and political news, analysis and commentary on print and digital platforms. It provides readers with in-depth coverage of Singapore and Asian business and economic developments, as well as global trends that impact Singapore business. BT's lifestyle journalists bring busy executives the latest in recreation, entertainment, the arts, design, food and shopping.  For more information, please visit

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