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Nominations open for EY Entrepreneur Of The Year 2024 awards in Singapore

Nicole Lim
Nicole Lim • 3 min read
Nominations open for EY Entrepreneur Of The Year 2024 awards in Singapore
EY's managing partner for the Asean region, Liew Nam Soon.
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Nominations for the annual EY Entrepreneur Of The Year (EOY) awards in Singapore are now open until Apr 5. This will be the 23rd edition of the awards, which began in 2002. 

This year’s theme is “The Art of Entrepreneurship''. It is aimed at celebrating entrepreneurs who continuously repaint and reframe the Singapore economy from innovative new angles through their passionate work and commitment, according to a release by EY. 

“We are seeking nominations for local entrepreneurs who demonstrate an indomitable entrepreneurial spirit and sense of purpose, matched with strong business growth and impact on stakeholders, to build resilient companies that make a mark on our economy,” says Liew Nam Soon, Singapore country managing partner and EY Asean regional managing partner.

To be a nominee, candidates must be an owner-manager primarily responsible for the
recent performance of a privately held Singapore-based company that is at least two years old;
or a founder of a listed Singapore-based company who is still active in senior management.

The nominees will be assessed by an independent judging panel across the four globally
benchmarked criteria of entrepreneurial spirit, growth, purpose and impact.

The individual who ranks the highest across all four criteria will be selected as the EY Entrepreneur Of The Year 2024 Singapore to represent the country at the EY World Entrepreneur Of The Year (WEOY) award next year.

See also: Vellayan Subbiah of Tube Investments of India named EY World Entrepreneur Of the Year 2024

This June, Yvon Bock, winner of the EY Entrepreneur of the Year 2023 and founder and CEO of Hegen, will represent SIngapore to compete against winners from 47 countries and territories for the global award. 

Bock was selected among four other winners last year, of which the entire class were women entrepreneurs — Phyllis Ong of Armstrong Industrial Corporation Limited, Althea Lim of Gushcloud International and Olive Tai of Synagie Group Asia and Europe.

The awards will have Bank of Singapore, a wholly owned private banking subsidiary of OCBC, as its platinum sponsor this year. Meanwhile, the Singapore Exchange S68

(SGX) continues as a partner for the awards for the fifth year running. 

Pol de Win, head of global sales and origination of SGX Group, says: “In an era marked by rapidly shifting macroeconomic and business landscapes, entrepreneurs are navigating through unprecedented challenges. These challenges demand not just resilience but innovation. Through programs like the EY Entrepreneur Of The Year Award, now into its fifth year of sponsorship by the SGX Group, we continue to shine a spotlight on the remarkable achievements of our homegrown champions.”

Two other awards will be presented on board the EOY programme, including awards for family enterprise excellence and Asean entrepreneurial excellence. 

The award recipient for the EY-Bank of Singapore Family Enterprise Award of Excellence will be selected based on the family enterprise’s ability to successfully balance business and family issues, grow the business and show responsibility for others through philanthropic or social engagements. 

The EY-Bank of Singapore Asean Entrepreneurial Excellence Award recognizes successful Southeast Asian businesses that contribute to the economy and community in the region. Recipients of the two honorary awards do not compete for the EY EOY Singapore 2024 title.

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