Step 1

Browse the award categories and pick the categories that suit your nature of business the most.

Step 2

Download our form and complete accordingly

Step 3

Attach the completed form along with relevant documents. Submit your application to SME Association Office.

This award is bestowed on a successful individual who is widely recognised as an outstanding entrepreneur and leader of the industry.

Selection Criteria

The award recipient must exhibit entrepreneurial spirit and must have originated from an SME previously, whose business has since grown to become a business corporation OR a public-listed corporation.
His/her achievements must be impressive enough to inspire thousands of business entrepreneurs who are looking for a role model to emulate, especially as a CEO or Managing Director of a listed company.

This award is bestowed on:
(i) companies that were formerly family-owned SMEs, but have grown beyond the size of SMEs to become business corporations or public-listed corporations.
(ii) Established and successful non-Malaysian owned business entities which have prominent presence in their respective industries.

Selection Criteria

The award recipient must have been in business for 5 years or more and have reported profit for the last 3 years

This award is bestowed on ASEAN SMEs (excluding Malaysian SMEs) operating in any ASEAN member country which have demonstrated excellent track record and financial performance.

Selection Criteria

The award recipient must have been in business for 5 years or more and have reported profit for the last 3 years.

This award is bestowed on corporations or institutions such as government statutory bodies, NGOs, financial institutions or service providers/facilitators which have contributed significantly to the promotion and development of SMEs in the country.

Selection Criteria

The contribution by award recipients could be pecuniary or non-pecuniary in nature to the SME community to help develop or improve their operations.

This award is bestowed on the crème-de-la-crème of non-listed SMEs that excel in every aspect of corporate performance

Selection Criteria

Nominees must have performed extremely and equally well in all five core judging criteria, namely, business and company, management philosophies, products and markets, operations and technologies and financial performance.

This award is bestowed on non-listed SMEs with emerging business that apply new technologies, or cater to customer needs through application of innovative processes, market research, brand development, visionary leadership, etc., which are rising fast or making a big impact on the business world in recent years and are now in great demand in local and/or overseas markets.

Selection Criteria

Nominees must be either the intellectual property owner of the product innovation, the legitimate promoter of a business model that presents a new business concept or the bold but sensible creator of a new market

This award is bestowed on non-listed SMEs which excel in overseas market penetration and derive the bulk of their revenue from export.

Selection Criteria

Nominees must have at least one or more of their products and/or services are exported and the export revenue contributes to at least 50% of the company’s total revenue.

This award is bestowed on non-listed SMEs heeding the government’s call to automate and adopt ICT in their businesses to attain operation efficiency and compete efficiently in the market.

Selection Criteria

Nominees must have taken practical and aggressive initiatives towards adoption of ICT and reaping benefits both operationally and financially as a result

This award is bestowed on young SMEs presently at an early growth stage. Revenues and profits may fluctuate for these companies, but these nominees have demonstrated perseverance under a competitive operating environment.

Selection Criteria

Nominees must have been in business for less than 7 years and have reported 2 consecutive years of operating profit.

This award is bestowed on non-listed SMEs which are headed or founded by women entrepreneurs.

Selection Criteria

Nominees must be at least 50% owned by women entrepreneurs or with the women entrepreneurs as primary decision makers

This award is bestowed on non-listed SMEs recovering strongly from a major corporate or financial crisis or setback.

Selection Criteria

Nominees should have experienced either major financial set-back but recovered and/or managed to reinvent themselves during a corporate crisis and continued to excel.

This award is bestowed on non-listed SMEs that commercialize and produce outstanding made-in-Malaysia products in the market

Selection Criteria

Nominees must possess product, with at least 50% local content, which is a major contributor to company revenue..

This award is bestowed on non-listed SMEs that provide outstanding services in the service industry.

Selection Criteria

Nominees must be in business for 5 years or more, and have reported profit for the last 3 years.

This award is bestowed on non-listed SMEs which have successfully created a strong and positive image for their branding initiatives on the company, product and/or service. These brands are not only well-accepted but also enjoy strong top-of-mind recall among consumers.

Selection Criteria

Nominees must have achieved a high degree of instant brand recognition by the public.

This award is bestowed on non-listed SMEs which achieve outstanding performance in distributive trade, retail or wholesale.

Selection Criteria

Nominees must be in business for 5 years or more and have reported profit for the last 3 years.

This award is to highlight Malaysia’s best and brightest young entrepreneurs and to recognize their innovative spirit and business acumen. They take risks with their personal financial security and have exceptional drive and commitment. Often they start with little more than an idea and grim determination to succeed.

Selection Criteria

The nominee must be a Malaysian aged 40 and below. He or she must be a CEO or Managing Director and has been involved in the company’s daily management for a minimum of 3 years and owns majority controlling interest of the company.

This award is bestowed on non-listed SMEs which have effectively integrated Green Technology in the production process, or have produced Green Technologies that are environmentally friendly and are now in great demand in local and/or overseas markets.
Green Technology refers to the development and application of products, equipment and systems used to conserve the natural environment and resources, which minimizes and reduces the negative impact of human activities.

Selection Criteria

Nominees must be in business for 3 years or more and have reported profit for the last 2 years.

This award is bestowed on non-listed SMEs which are recognised for their outstanding initiatives in promoting occupational safety and health awareness as well as long term commitment in nurturing a ‘safe and healthy’ work culture among the employers and employees.

Selection Criteria

Nominees must have introduced initiatives that promote occupational safety and health awareness, demonstrated strong management leadership and active participation in occupational safety and health.

This award is bestowed on non-listed SMEs involved in the development of the Internet of Things (IoT) which includes the ecosystem, devices, and software.
IoT refers to a system of interrelated computing devices, mechanical and digital machines, objects, or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

Selection Criteria

Nominees must be in business for 3 years or more and have reported profit for the last 2 years.

This award is bestowed on non-listed SMEs which demonstrate effective and progressive employment practices, including adoption of progressive HR policies, e.g. recruitment, retention, learning and development, reward, work-life balance, and commitment to promote betterment of employees.

Selection Criteria

Nominees must be in business for 5 years or more and have reported profit for the last 3 years.

This award is bestowed on non-listed SMEs which have carried out significant initiatives in the Corporate Social Responsibility (CSR) arena and have been able to balance profits and social good.

Selection Criteria

The CSR initiatives must have taken place (either in part or in full) during the last 2 years. Some of the work must have occurred during this time, but it can be on-going during the eligibility period.

QUALIFYING CRITERIA

1. The company must be incorporated in Malaysia.

2. More than 50.0% of the shares of the company are owned by Malaysian (except for Outstanding Achievers Award non-Malaysia category and ASEAN Enterprise Award).

3. The company must not be a public listed company (except for Outstanding Achievers Award) or approved for public listing as of 30 September 2018.

4. Less than 50.0% of the shares of the company are owned by a public listed company.

5. The company must be involved in legitimate businesses with annual gross turnover below RM200 million for the financial year ended 2017.

6. For company with same owners, group proforma consolidated account is acceptable with the condition that the company or group should be in a single or similar business.

7. The company must be in business for at least three (3) years (except for Rising Star Award)

Judging Criteria

A. BUSINESS AND COMPANY

  • History
  • Market positioning
  • Awards and accolades won
  • Unique strengths and selling proposition
  • Industry
  • Milestones and achievements
  • Patents/trademarks
  • Core business

B. COMPANY PHILOSOPHIES

  • Strategies for growth and evolution
  • Key management team
  • Culture
  • New initiatives embarked upon
  • Vision and mission

C. PRODUCTS, SERVICES AND MARKETS

  • Products and/or services range
  • Market size and market share
  • Distribution channels
  • Brand and design development
  • Customer relationship management plans
  • Spread and quality of customers
  • Overseas and local market ratio
  • Market development
  • Overseas representation
  • Pricing strategy
  • Process efficiency

D. OPERATIONS AND TECHNOLOGIES

  • Accreditations e.g. ISO
  • Research and development
  • Adoption of information communication technology
  • Quality of documentation e.g. operating procedures manual
  • Innovation
  • Human capital development

E. FINANCIAL PERFORMANCE

  • Operating profit before and after tax for the past 3 years
  • Profit and sales growth
  • Exports and local sales ratio
  • Return on capital employed
  • Profit and sales per employed

Guidelines For Submission

1. The Closing Date for nominations is 15 July 2018.

 

2. Nominees may select their preferred award category. However, the judging panel has the prerogative to place the nomination in the category that is in the best interests of the nominee.

 

3. All sections of the nomination form must be filled. Please indicate N/A (not applicable) where appropriate.

 

4. All information provided in the nomination form will be treated with full confidentiality.

 

5. Completed nomination forms must be attached with: Latest three (3) years’ audited accounts (2015, 2016, 2017) in hard copy

 

6.Complete Forms 24 and 49 (or equivalent forms under the Companies Act 2016)

 

7. Payment for processing fee of RM1,060.00 (inclusive GST 6%) (cheque payable to “SME Malaysia” RHB Bank Berhad, Account No. 2-12312-0005892-0)

 

8. Other relevant supporting documents or information deemed appropriate

 

9. The organiser does not undertake to return documents and/or supplementary material which are submitted along with the nomination form.

 

10. Names of applicants, commentary and scoring information developed during the review of applicants are regarded as proprietary by the Award Committee and are kept strictly confidential. Such information is available only to those individuals directly involved in the assessment and administrative process.

 

11. Completed nomination forms must be couriered to the Secretariat by 15 JULY 2018 :

 

Attention: Ms Lim Cynthia 019 365 9681

PLATINUM BUSINESS AWARDS 2018SME ASSOCIATION OF MALAYSIA

5 – 5, Jalan USJ 9/5 Q, Subang Business Centre,
47620 Subang Jaya, Selangor D.E.
Tel : 03-8024 5787, 8024 5737, 8023 0685
Fax : 03-8024 1737

Email : [email protected]

Website : www.smeam.org

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