New Entrepreneurs
The New Entrepreneur category aims to recognise fledging Entrepreneurs who have demonstrated keen business acumen, innovation and creativity in differentiating their businesses in the market.
Qualifying Criteria
1. The Participant:
Has been operating the business for a period of more than 2 years but less than 7 years
Is a Singaporean or Permanent Resident above the age of 18
Owns at least 30% of the Company’s shares. Candidates who possess less than 30% ownership must submit an endorsement letter from the Company’s Board of Directors
2. The Participant’s Company:
Has at least 30% local equity
Is not a listed company or a subsidiary of a listed company
Has at least 3 years of financial statements, which must be submitted for evaluation. Companies that have been in operation for less than 3 years may submit 2 years of financial statements
NOTE: Executive Council Members of ASME, Board of Directors of Rotary Club of Singapore and members of the Award Secretariat are not eligible to participate in the EYA.







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